The Department of Agrarian Reform (DAR) has broken ground on a landmark P500-million farm-to-market road (FMR) project in Polangui, Albay, marking a stride toward improving rural infrastructure and economic connectivity for thousands of local farmers.
Grab Philippines has partnered with the Department of Transportation (DOTr) and donated pedal-assist bicycles and helmets to 20 individuals as part of the agency’s Active Transport Program, underscoring a joint commitment to sustainable mobility and road safety.
Hotel101 Global Holdings Corp. (Nasdaq: HBNB), the first Filipino company to list on the Nasdaq, saw its shares tumble 70 percent on its first day of trading, closing at US$3.28. The steep decline followed its merger with JV SPAC Acquisition Corp., whose shares closed at a significantly higher level the previous trading day.
Fortinet has announced major upgrades to its cloud-native security platform, Lacework FortiCNAPP, reinforcing its commitment to code-to-cloud protection. The updates include faster threat detection, deeper visibility, and simplified operations—helping customers secure applications and workloads across hybrid and multi-cloud environments with greater agility.
Del Monte Pacific Ltd. (DMPL) of the Campos Group on Wednesday confirmed that its U.S. subsidiary, Del Monte Foods Holdings Ltd. (DMFHL), has filed for Chapter 11 bankruptcy protection as part of a comprehensive restructuring and asset sale process.
The outstanding debt of the Philippine government rose to P16.92 trillion at the end of May 2025, up nearly 1 percent from April, according to the Bureau of the Treasury (BTr). Despite the increase, the agency described the debt level as “manageable,” citing steady market confidence and prudent borrowing strategies.
The Mines and Geosciences Bureau (MGB) on Thursday flagged 4,182 barangays across the Philippines as highly susceptible to landslides and flooding, citing the combined threats of a low pressure area (LPA) and the intensifying southwest monsoon (habagat).
Aboitiz Foods' agribusiness arm Pilmico has partnered with the Iligan City government to establish a corn drying facility aimed at boosting post-harvest efficiency for yellow corn farmers in the region.
The Manila Electric Co. (Meralco) expects a boost in energy sales in the second half of 2025, driven by rising demand from the construction sector and related commercial activities.