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Asiabest eyes bigger infrastructure platform assets deals 

Asiabest Group International Inc. (ABG) is asking shareholders to back a pair of multibillion-peso acquisitions that could fast-track its transformation from a listed holding firm into a broader infrastructure and property player.

DLSU launches Japan Festival Week to celebrate 70 years of friendship

Japanese Ambassador Endo Kazuya marked the opening of the De La Salle University (DLSU) Japan Festival Week today, kicking off a week-long celebration dedicated to the 70th anniversary of diplomatic and cultural relations between Japan and the Philippines.

ACMobility powers bigger push for electric public transport 

ACMobility and Basic Energy Corp. are fast tracking the country's electric vehicle transition by joining forces to build a nationwide charging network for electric buses in a move that could remove one of the biggest roadblocks to cleaner public transportation.

World Bank-funded agri infrastructure gets DA green light

The Department of Agriculture (DA) has cleared over P2.06 billion worth of farm-to-market roads (FMRs) and bridges for construction across six provinces, aimed at cutting logistics costs and helping farmers and fisherfolk reach markets more easily.

Escudero elected presiding officer in VP Duterte trial

The Senate impeachment court on Monday elected Senator Francis Escudero as presiding officer in the impeachment trial of Vice President Sara Duterte, prevailing in a 12-4 vote despite objections that the move could face constitutional scrutiny. Senators Alan Peter Cayetano and Pia Cayetano argued that the 1987 Constitution requires the Senate President, now Senator Win Gatchalian, a non-lawyer, preside over impeachment trials except when the President is the respondent. The siblings warned that naming another senator could invite legal challenges, noting that a petition questioning the designation of a presiding officer has already been filed before the Supreme Court by Alan Peter Cayetano.

Just in

DP World expands Southeast Asia logistics network with PH opening

DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.

Philippines, Singapore modernize tax treaty to boost investment

The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.

Semirara cuts workforce as seawater threatens Acacia mine

Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.

Shell, Landers link fuel and retail membership perks

Shell Pilipinas Corp. and Landers Superstore are combining their fuel and retail networks under a strategic partnership aimed at expanding customer reach while extending membership benefits across fuel purchases and everyday shopping.
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