Global Ferronickel Holdings, Inc. (FNI) said Joseph Sy has resigned as director, effective immediately, citing personal reasons and the “best interests” of the company.
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.
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 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.
Ischaemic heart diseases, cancer, and strokes are still the deadliest threats in the Philippines. From January to June 2025, 53,985 deaths—nearly one in five—were due to heart disease alone, according to the Philippine Statistics Authority.
The company said upcoming handovers include residential units at Sunny Coast Residential Resort in Westside City, commercial lots at Northwin Main Street within Northwin Global City, and beachside residential lots at Paragua Beach Village, which sold out weeks after launch.
Telecom company Globe Telecom is increasing its use of renewable energy as part of its sustainability efforts, in line with the global observance of Earth Day.
Snack manufacturer Rebisco Group of Food Companies is evaluating a potential shift of part of its expansion pipeline into economic zones under the Philippine Economic Zone Authority (PEZA), following an exploratory meeting aimed at aligning growth plans with national industrial priorities.
Aboitiz InfraCapital Cebu Airport Corp. convened tourism stakeholders to assess the potential impact of the ongoing Middle East crisis on Cebu’s travel sector, as rising global jet fuel prices threaten to dampen demand.