Property giant Megaworld is making its first foray into the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector with the opening of Mactan Expo, a standalone convention center within its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.
Food poverty in the Philippines dropped significantly in the fourth quarter of 2025, driven largely by expanded rice subsidies and higher government spending on farm infrastructure, according to the latest OCTA Research Tugon ng Masa survey.
Zen LifeSciences Inc. is making a major P1.2-billion investment in local pharmaceutical manufacturing, announcing plans to build a state-of-the-art production facility at the Luisita Industrial Park–Special Economic Zone in Tarlac.
The Department of Trade and Industry (DTI) said prices of most basic necessities remain steady, with manufacturers absorbing higher costs to protect consumers.
The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).
PLDT Enterprise and Araneta City Inc. (ACI) have expanded their long-running partnership to upgrade the digital infrastructure of Araneta City, supporting the district’s growing technology and connectivity needs.
Toyota Motor Philippines (TMP) remained resilient in the first quarter of 2026 despite softer vehicle demand and broader economic headwinds, with strong growth in electrified vehicles helping sustain its leadership in the local automotive market.
Budget carrier Cebu Pacific carried nearly 2.3 million passengers in April 2026, slightly down by 0.7 percent from a year earlier, as higher ticket prices dampened travel demand.