Philippine Economic Zone Authority (PEZA) underscored the critical role of advanced manufacturing sectors—particularly electronics, automotive, and die and mold industries—in driving investments, exports, and employment as it intensifies efforts to build a more resilient industrial ecosystem.
Aboitiz Equity Ventures, Inc. (AEV) has secured an “A-” foreign currency long-term issuer rating with a “Stable” outlook from Japan Credit Rating Agency, Ltd., reinforcing the conglomerate’s investment-grade standing as it accelerates expansion across power, banking, infrastructure, and consumer businesses.
DITO Telecommunity has expanded its prepaid lifestyle offerings with DITO StreamZone, a new set of data packages made specifically for video streaming users across the Philippines.
SMC Tollways Corp. reported a 7 percent growth in net income for the first quarter of 2026, reaching P12.62 billion, up from P2.44 billion in the same period last year. Consolidated total revenue rose 4 percent to P5.66 billion, fueled by higher vehicle volume across all expressway networks.
Security Bank Corp. has appointed executive vice president John David “JD” Yap as its new chief financial officer (CFO), starting June 13, 2026. He takes over from senior vice president Allen Reyes, who will leave the bank on June 12 to pursue other career opportunities.
The Province of Cebu is accelerating its digital transformation via a formal collaboration with PLDT Enterprise to boost connectivity, workforce efficiency, and public service delivery.
The Philippine Chamber of Commerce and Industry (PCCI) has congratulated the Department of Education (DepEd), under Secretary Sonny Angara, on the country’s marked improvement in the 2025 Programme for International Student Assessment (PISA).
The Securities and Exchange Commission (SEC) has issued a cease and desist order against Nego Food Solution Corp.—operator of the Takoyadon Japanese restaurant chain—and several individuals for illegally soliciting investments from the public.
Average electricity prices across the Philippines in the Wholesale Electricity Spot Market (WESM) climbed 11.8 percent in August, driven by steep cost surges in Visayas and Mindanao even as Luzon rates fell, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed Wednesday.