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AIC flags airport risks amid Middle East conflict

Aboitiz InfraCapital Inc. (AIC) is bracing for potential headwinds to its airport business if tensions in the Middle East drag on and keep fuel prices elevated, a scenario that could begin to bite as early as June.

DOE lauds Visayas utilities for reporting discipline

The Department of Energy (DOE) has recognized MORE Electric and Power Corp. (MORE Power) and Negros Electric and Power Corp. (Negros Power) for timely and complete compliance with key reportorial requirements, highlighting the growing role of high-quality data in managing the country’s power system amid rising demand.

Ayala Malls nears full renewable energy transition

Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.

Union Bank tightens risk controls amid Middle East conflict

The Union Bank of the Philippines (UBP) is strengthening its financial safeguards as global uncertainty rises due to the ongoing Middle East conflict, a senior executive said.

Belle earnings rise on gaming, real estate gains

Belle Corp., the leisure and gaming arm of the Sy Group, posted a consolidated net income of P524 million for the first quarter of 2026, up 13 percent from P462 million a year earlier, driven by steady gains across its gaming and property businesses.

Just in

Aznar Shipping files IPO to fund expansion

Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

New 8-car EMU trainset delivered for North-South Commuter Railway

The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.
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