Authorities have issued closure and show cause orders against Nouveau Resort, a high-end beachfront property in Camiguin, after inspectors found multiple environmental violations, officials said.
PLDT Home is expanding its digital home services and speeding up the rollout of its fiber prepaid offers to reach more households, the company said Monday.
The Philippine Competition Commission has raised merger notification thresholds effective March 1, easing compliance for smaller transactions while concentrating oversight on deals with greater potential to reshape competition.
The Philippine Chamber of Commerce and Industry has urged swift and decisive action as geopolitical tensions following US and Israeli military strikes on Iran rattle global markets and threaten to derail the Philippines’ fragile recovery.
Rizal Commercial Banking Corp., the country’s 6tyh largest lender, plans to raise a minimum of P5.0 billion through fixed rate peso denominated ASEAN Sustainability Bonds, with an oversubscription option, marking the ninth drawdown under its P200 billion Bond and Commercial Paper Program.
The Philippines is accelerating negotiations for several free trade agreements (FTAs), with officials aiming to conclude key deals by mid-2026 to widen market access for local exporters.
The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.
Renewable energy developer SN Aboitiz Power (SNAP) expects to complete 56 megawatts (MW) of new battery energy storage system (BESS) capacity in 2026, increasing its total capacity to 729 MW from the current 673 MW.