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Xurpas cancels P10-M share subscription deal

Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.

URC secured packaging stocks through late 2026

Universal Robina Corp. (URC) has secured supplies of key packaging materials through the third quarter and into early fourth quarter of 2026, reinforcing efforts to shield operations from global supply chain disruptions and market uncertainty.

Wawa expansion strengthens Manila Water’s drought readiness

Manila Water Company is ramping up preparations for a potentially prolonged El Niño episode by leveraging the expanded capacity of the Wawa Bulk Water Supply Project to maintain uninterrupted service across its East Zone concession area.

Just in

PH to make energy security key ASEAN agenda

The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

₱3.8-B fuel subsidy for agri sector beneficiaries kicks off this month

The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

Visayas power probe pushes transparency, reliability, consumer protection 

Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.

DA ramps up El Niño preparations drawing on past preparations 

The Department of Agriculture is bolstering full-scale preparations for an intense El Niño, applying hard-won experience to safeguard farm output, secure food supplies, and protect farmers and fisherfolk from harm.
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