The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
Metro Pasay Hospital and Medical Center, Inc. has teamed up with PLDT Enterprise to boost its digital infrastructure, aiming for smoother operations and better patient care.
Insular Life (InLife) delivered a strong top-line performance last year, with revenues surging to P36 billion as the insurer reaped gains from higher premium collections and the integration of Generali Philippines, now operating as InLife Benefits.
Arthaland Corp. projects to earn P12 billion from Sondris, its premium residential development in Makati City. Developed in partnership with Japan’s major real estate firm Mitsui Fudosan Co., the 37-story tower taps into strong demand for sustainable high-end properties.
Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.
Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.
The Department of Energy (DOE) and the Department of Tourism (DOT) are expanding their joint effort to assess energy use and deliver support to hotels, resorts, and other tourism establishments.
The Department of Tourism (DOT) is seeking an additional P1.73 billion for 2027 to strengthen the Philippines’ tourism infrastructure, destinations, and promotion as it tries to close an investment gap with more aggressive Southeast Asian competitors.
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.