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Armscor eyes new Luzon site for expansion

Local firearms and ammunition maker Armscor Global Defense Inc. is scouting locations across Luzon to expand its manufacturing operations, as its 7-hectare facility in Marikina has run out of space.

PLDT eyes REIT listing for data center unit VITRO

PLDT Inc. announced Tuesday its board approved plans to potentially list its data center assets under subsidiary VITRO Inc. as a real estate investment trust (REIT).

BSP releases new book on Philippine current account trends

The Bangko Sentral ng Pilipinas has launched Current Account Dynamics and the Philippine Economy: Developments and Prospects at its Manila headquarters.

Philippine creative sector hits growth, IP hurdles

The Philippines’ creative economy is booming, contributing over 7 percent of gross domestic products in 2025 and gaining traction as a competitive player in the global market. 

Nueva Ecija set for ₱1.35B housing boom

The Board of Investments (BOI) has greenlit two mass housing projects in Nueva Ecija valued at a combined P1.35 billion, signaling a boost in affordable homeownership and local economic activity.

Just in

PEZA nears 2026 investment target as approvals accelerate 

The Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.

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.
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