Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.
FAST Logistics Group is ramping up its renewable energy investments, unveiling plans to install solar power systems across its nationwide warehouse network as it pushes to build a greener and more resilient supply chain.
Visa has launched Visa University, a global learning platform that brings together the company’s industry expertise and real‑world case studies. Customized courses are now open to banking, finance, and payments professionals in the Philippines to strengthen technical know‑how and industry education.
The Bangko Sentral ng Pilipinas forecasts inflation for May between 7.1 and 7.9 percent, driven mainly by costlier rice, vegetables, and meat, plus a weaker peso.
San Miguel Corp. (SMC) has clarified it has not decided to drop the ₱7.78-billion Boracay Bridge Project, contrary to recent reports. The company said it will hold wider consultations with local groups before determining the project’s next steps.
The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.
ABS-CBN Corp. is seeking shareholder approval for a P4.5-billion capital increase and a two-seat board expansion, reshaping its corporate structure as two new directors are nominated to join the company’s governing body.
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.