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Marcos lands P56B Japanese investments, 10,300 jobs

President Ferdinand R. Marcos Jr. secured P56.3 billion in investment expansion commitments from four major Japanese firms during business meetings on the sidelines of his State Visit to Japan, promising roughly 10,300 direct and indirect jobs for Filipinos.

Megaworld-led share swap deal targets income growth

Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap. 

VOYA expands Philippine footprint, creates 600 jobs

VOYA Philippines Support Services Corp., the local unit of US-headquartered financial services firm Voya Financial, is expanding its footprint in the country’s IT-BPM sector following the formal signing of its Registration Agreement (RA) with the Philippine Economic Zone Authority (PEZA) on May 21.

MCWD, MWPV-Cebu expand water access to households in Compostela, Cebu

The Metropolitan Cebu Water District (MCWD), together with partner Manila Water Philippine Ventures (MWPV) – Cebu, has extended water services to residents of Barangay Canamucan, Compostela, bringing clean, safe supply to around 2,000 households.

Flagship rail projects create over 30,000 jobs, set to ease Metro travel 

The Department of Transportation (DOTr) on Friday said the two major mass transit projects—the North-South Commuter Railway (NSCR) and Metro Manila Subway Project (MMSP)—have together provided more than 30,000 jobs for Filipinos so far. These projects form part of the Marcos administration’s “Build Better More” program, which aims to create quality work with competitive pay and benefits to address unemployment and underemployment.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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