The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) signed a financing agreement with Land Bank of the Philippines (LANDBANK) to settle P3.6 billion in government obligations to Light Rail Manila Corporation (LRMC), the private operator of LRT-1.
The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.
TikTok Shop is ramping up efforts to support more micro, small, and medium enterprises (MSMEs) across the Philippines, with plans to strengthen partnerships with local government units (LGUs) and expand its “Unlad Lokal” initiative deeper into the Visayas and Mindanao by 2026.
As rising oil prices and supply disruptions continue to strain households and businesses, Ayala Corporation said it is ramping up sustainability and efficiency initiatives across its businesses to help ease costs for consumers.
Budget airline Cebu Pacific announced Tuesday that it will resume flights between Manila and Dubai starting July 2, 2026, after completing safety checks and coordinating closely with Dubai airport authorities.
Thailand’s Gunkul Engineering has partnered with local developer SunAsia Energy for a $1-billion floating solar project at Laguna Lake, set to deliver 1,000 MW capacity as Southeast Asia’s biggest of its kind.
The Department of Energy (DOE) is moving forward with plans to bring electricity to more than 100,000 currently unenergized households across the Philippines, through an upcoming competitive bidding process for microgrid services.
The Department of Agriculture (DA) is leading a major drive to expand the palm oil industry, aiming to cut the country’s heavy reliance on imports and build a local supply base that can also serve as feedstock for cleaner fuels.
The National Dairy Authority (NDA) and Central Philippines State University (CPSU) have partnered to develop a 50-hectare dairy stock farm in Barangay Camingawan here, aiming to strengthen production, breeding, research and training across the Negros Island Region.