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Clark renews digital backbone deal with PLDT unit

The Clark Development Corp. (CDC) has renewed its partnership with PLDT Clarktel Inc., reinforcing the digital infrastructure that supports one of the country's fastest-growing investment hubs as competition among economic zones increasingly hinges on technology and connectivity.

DOE drafts fuel transition plan to cut reliance on imported fuel

The Department of Energy (DOE) has developed a new mechanism designed to reduce the country’s heavy dependence on imported fuel and petroleum products. Energy Secretary Sharon Garin explained that while the draft is complete, it will first undergo consultations with other government agencies and industry stakeholders before being finalized.

Digiplus inks deal boosting digital gaming at LaVie Casino

Digiplus Interactive Corp. has entered into a cooperation agreement with New Coast Leisure Inc. and Total Gamezone Xtreme Inc. to operate digital gaming services at LaVie Resort and Casino Manila. The non-exclusive arrangement covers technical support, content integration, and management of approved online games. LaVie is owned by International Entertainment Corp., which Digiplus is in the process of acquiring.

Nickel Asia secures right to operate two Zambales nickel sites

Nickel Asia Corporation (NAC) on Wednesday said that its subsidiary Samar Nickel Mining Resources has signed an operating agreement with San Juanico Resources Corp. The deal gives Samar Nickel the right to manage mineral claims covering roughly 3,432 hectares in Candelaria and Sta. Cruz, Zambales, under MPSA No. 265-2008-III. It remains subject to approval by the Mines and Geosciences Bureau.

Foreign direct investment holds steady at $1.7 billion, reflecting confidence in Philippine economy

Foreign investors continue to show confidence in the Philippines, with total foreign direct investment (FDI) reaching US$1.7 billion in the first three months of 2026. Data from the Bangko Sentral ng Pilipinas (BSP) shows that both fresh equity placements and reinvested earnings remained largely unchanged compared to recent periods, signaling that overseas businesses see stable opportunities in the country.

Just in

KABAN Boracay expands dining options with Korean, Japanese brands

KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Gilas U18 women crack glass ceiling, beat New Zealand

Gilas Pilipinas U18 women are continuing to break the glass ceiling, although Asia’s basketball elite clearly had no intention of making it easy.

Gov’t steps up El Niño readiness for power sector; price hikes seen

The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.
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