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China expo sales dip as durian tightens

Philippine export sales at the 8th China International Import Expo (CIIE) cooled to USD269 million, reflecting softer headline numbers but steady underlying demand from Chinese buyers for Filipino food and agricultural products.

Joseph Sy quits Global Ferronickel board amid citizeship issue

Global Ferronickel Holdings, Inc. (FNI) said Joseph Sy has resigned as director, effective immediately, citing personal reasons and the “best interests” of the company.

AEV, GIP lock in P13.7B infrastructure bet

Aboitiz Equity Ventures Inc. (AEV) and Global Infrastructure Partners (GIP), a unit of BlackRock, have sealed definitive agreements formalizing their strategic partnership in Aboitiz InfraCapital, Inc. (AIC), marking one of the largest recent foreign investments in Philippine infrastructure.

Philippines extends investor leases to 99 years

 The Philippines has taken a major step toward attracting long-term foreign investment with the official signing of the Implementing Rules and Regulations for Republic Act No. 12252, the Investors’ Lease Act. 

Finance chief welcomes SSS Emergency Loan Program

Finance Secretary and Social Security Commission Chairman Frederick D. Go praised the Social Security System (SSS) for launching its Emergency Loan Program (ELP), saying it will help members get faster and easier access to financial support during disasters.

Just in

Radisson RED debuts in Cebu with bold flair

CLI Hotels and Resorts, the hospitality arm of Visayas-based Cebu Landmasters Inc., has opened Radisson RED Cebu Mandaue, marking the entry of the Radisson RED brand into the Philippines and expanding its hospitality portfolio.

Subic hub powers Philippines’ fuel security drive

Subic Bay’s fuel infrastructure is moving to the forefront of the Philippines’ campaign to fortify energy logistics, as new diesel imports signal a more assertive push to build buffer stocks and shield the economy from global supply shocks.

Romualdez breaks silence, rejects scapegoat role

Leyte congressman Ferdinand Martin Romualdez vowed he will not be a scapegoat in the flood control controversy, opening his records and challenging critics to “follow the evidence.” Ending weeks of silence, the former House Speaker released his affidavit and documents, insisting he has nothing to hide and has fully cooperated. He dismissed corruption claims as “absurd,” stressing budgets are collectively crafted while project execution lies with the executive, urging investigators to pursue accountability across the entire chain, not convenient targets.

DA urges more agri truckers to sign up for free toll program

The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.
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