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Filinvest merges hospitality units for expansion

Filinvest Development Corp. (FDC), the listed investment holding company of the Gotianun Group, has approved a plan to consolidate several wholly-owned subsidiaries under its hospitality division as part of an internal corporate restructuring initiative.

Ice manufacturer joins Meralco’s retail aggregation program

MPower, the retail electricity supply arm of Meralco, has expanded its partnership with Mr. Freeze Tube Ice Inc. by transitioning several of the latter’s ice plants into its Retail Aggregation Program (RAP).

Aboitiz InfraCapital champions Mindanao growth via infrastructure

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, reaffirmed its long-term commitment to Mindanao at two key events in Davao City last September: the Davao Investment Conference (Davao ICON) 2025 and the Mindanao PPP Facilitation Initiative launch.

Recto vows accountability, reforms after infra projects scandal

Finance Secretary Ralph G. Recto assured the public that the government's response to the recent flood control controversy marks the beginning of a major cleanup aimed at strengthening institutions, improving governance, and accelerating economic growth.

Asiabest sought 10-day trading suspension

Asiabest International Inc. has requested a 10-day voluntary trading suspension to finalize valuation reports and submit a comprehensive disclosure package on a recent deal. 

Just in

Business, consumer loans power faster credit growth in March

Bank lending and domestic liquidity both accelerated in March 2026, signaling stronger economic activity as businesses borrowed more for expansion and households continued spending.

SM Hotels Sweep Multiple Honors at Global Awards

Two of SM Hotels and Conventions Corporation’s (SMHCC) flagship properties captured multiple accolades at the Haute Grandeur Global Awards 2026, cementing the group’s reputation as a leader in regional hospitality.

DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.
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