FDI drops in first five months of 2026 as global capital tightens
Foreign direct investments flowing into the country slowed during the first five months of 2026, marking a notable drop compared to the same period last year.
Mitsubishi targets bigger market, plans P7B EV investment
Mitsubishi Motors Philippines Corp. is preparing for a bigger Philippine footprint, betting on locally produced hybrid vehicles, higher factory output, and stronger sales as it seeks to turn the country into a more important production and export base.
Meralco power rates fall slightly on refunds
Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.
PDIC seeks reforms after P1M coverage hike
The Philippine Deposit Insurance Corp. is pushing sweeping legislative reforms to modernize the country’s deposit insurance system, including broader coverage, faster claims payment, and new powers to contain financial crises.
PHINMA profit rises as education offsets weakness
PHINMA Corp. posted P363.35 million in consolidated net income in the first half of 2026, with its education business providing the biggest lift as construction, property, and other operations faced a softer economy.
