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DA rolls out pineapple shipment to UAE, reopening Middle East market access

The Department of Agriculture (DA) has begun fulfilling fresh pineapple orders from the United Arab Emirates (UAE), marking a major push into the Middle East market and reopening key trade routes despite ongoing logistical challenges.

Gasoline prices drop, diesel rise up to P3.50 per liter this week

Consumers can expect mixed fuel price adjustments this week, with gasoline set to become cheaper while diesel rates will climb, according to a local fuel retailer. Based on global trading averages from the past week, gasoline prices are projected to fall by P1.50 to P2 per liter, while diesel costs are seen rising by P3 to P3.50 per liter.

SEC centralizes SBL admin functions with PSE to speed up processing, cut costs

The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.

PAL expands North American network with second A350-1000 for Manila-Toronto route

The Philippine Airlines (PAL) has strengthened its North American operations by putting its second Airbus A350-1000 into service on the Manila-Toronto route, a key step in the airline’s ongoing fleet modernization plan. This new aircraft joins the carrier’s first A350-1000, which currently flies the Manila-New York route, giving PAL two premium long-haul gateways in North America served by its newest and largest aircraft type.

First Gen, HMR Envirocycle launch e-waste drive for Lopez Group

First Gen Group, the Philippines’ leading renewable energy firm, has partnered with e-waste recycler HMR Envirocycle to roll out Drop IT for Good, a company-wide campaign for collecting and properly disposing of IT equipment and other electronic waste across the Lopez Group.

Just in

Evro tops 100,000 users as EV charging network expands

Evro has surpassed 100,000 users as the digital platform expands its role in connecting Philippine electric vehicle drivers to a growing network of charging stations nationwide.

Philippine banks face rising bad-loan risk, S&P warns

Philippine banks could see their bad-loan ratio rise to as high as 7 percent from 5.6 percent as inflation squeezes household incomes, credit growth weakens, and riskier unsecured loans come under pressure, S&P Global Ratings said.

Vivant Water desalination project boosts Cebu water supply

Vivant Water has begun supplying desalinated water to the Metropolitan Cebu Water District (MCWD), adding an initial 5 million liters per day to the system as Cebu seeks more reliable sources to meet rising demand.

Australian investors with A$1.4 trillion scout Philippine deals

Australian institutional investors overseeing nearly A$1.4 trillion in assets are in the Philippines this week to scout deals in energy, infrastructure, and other strategic sectors, bringing a potentially deep pool of long-term capital to the country.
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