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Australia joins Luzon Corridor, deepens economic partnership

Australia has formally joined the Luzon Economic Corridor (LEC), underscoring its growing commitment to the Philippines’ infrastructure modernization, investment promotion, and economic reform agenda as bilateral ties continue to deepen.

Angeles Power secures P2B loan for Tarlac solar project expansion

Angeles Power Inc. (API), parent firm of listed renewable energy player Raslag Corp., has obtained a P2 billion loan from the Bank of the Philippine Islands to fund its 49.9-megawatt Paldo solar facility in Tarlac.

Acwa, Nickel Asia power arm pursue 5,000 MW RE, gas projects in PH

Acwa Power Philippines and Emerging Power Inc. (EPI), the power generation unit of Nickel Asia Corp., have signed a deal to jointly develop up to 5,000 megawatts of renewable energy and natural gas-fired power facilities across the country.

PH sends first commercial carabao mango shipment to Toronto

The Philippines has dispatched its first-ever commercial batch of fresh Carabao mangoes to Toronto, Canada, according to the Department of Agriculture (DA).

Batangas Port delivers $28M economic boost

The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.

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CLI expands Bohol footprint with third residential site 

Cebu Landmasters Inc. (CLI) is expanding its Bohol footprint with a 5.6-hectare residential project in Tagbilaran City, adding a third site as the Visayas-Mindanao developer taps rising housing demand in one of the region’s fastest-growing markets.

SMDC expands Pag-IBIG housing options for Filipino workers

SM Development Corp. (SMDC) is making more of its housing inventory available to Pag-IBIG Fund borrowers, widening homeownership options for Filipino workers, particularly middle-income earners, through government-backed financing.

DA returns to Asia Fruit Logistica after hiatus, pivots to boost exports and farmer incomes 

The Department of Agriculture (DA) has renewed its drive to expand agricultural exports by returning to Asia Fruit Logistica after nearly ten years, reconnecting local fruit sellers with key buyers across the continent’s major fresh produce market.

Over 24M GCash users verified with National ID

More than 24 million Filipinos have used their National ID to verify their identities and open GCash accounts, according to the Philippine Statistics Authority (PSA).
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