JTI Philippines has committed to purchase an additional 3.32 million kilograms of local green weight tobacco leaf to absorb excess supply caused by overproduction in major growing areas. The move supports farmers amid weaker global demand that drove down prices from last year’s highs.
SMC SALEX has confirmed all tree-related activities for its planned elevated expressway in Manila follow strict guidelines approved by the Department of Environment and Natural Resources (DENR), addressing public concerns about vegetation along Quirino Avenue.
Manila Water has assured reliable, safe water supply across its East Zone service area even as Angat Dam’s water level drops below the 180-meter minimum operating mark and demand rises with school resumption on June 8.
The Philippines and Vietnam are aiming to push bilateral trade beyond USD10 billion as the two Southeast Asian economies deepen economic and security ties under a planned Enhanced Strategic Partnership.
A rare coalition of labor unions and business groups has urged President Ferdinand R. Marcos Jr. to step up efforts to protect workers’ freedom of association, arguing that stronger labor rights enforcement is crucial not only for constitutional compliance but also for economic stability and investor confidence.
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.