Ayala Land Offices Inc. (ALO), a unit of Ayala Land Inc., has signed a five-year lease with the state-owned Land Bank of the Philippines for office and parking spaces at the Ayala Malls Manila Bay Corporate Center in Parañaque.
DENZA, the premium new energy vehicle brand under the BYD Group, has named its first dealer partners, formally laying the foundation for its retail presence in the Philippines and signaling its intent to build a long-term premium mobility business.
Canon Marketing (Philippines) Inc., the local distributor of Canon products, has appointed Rochelle Plata as its new assistant director and chief financial officer (CFO), succeeding Rosalia Baldorado, who recently retired.
Connecting communities across the Philippines’ more than 7,000 islands remains a major challenge, but it is critical to national development. Faster, more reliable, and affordable internet is essential to support hybrid work, online learning, and access to e-government and e-health services, especially in remote and geographically isolated and disadvantaged areas (GIDAs).
Demand for flexible and hybrid work spaces in the Philippines is continuing to rise, reflecting a broader shift in how and where people work. International Workplace Group (IWG), the world’s largest provider of flexible workspaces, said it will open six new centers in key cities across the country in the first quarter of 2026, underscoring strong market growth and changing workplace needs.
Property Company of Friends, Inc. (Profriends) has renewed its partnership with Archipelago Builders Corporation(ABC) to continue the development of Westwind, a residential project inside Lancaster New City. The agreement covers the construction of Westwind’s second building.
The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.