Property Company of Friends, Inc. (Profriends) has renewed its partnership with Archipelago Builders Corporation(ABC) to continue the development of Westwind, a residential project inside Lancaster New City. The agreement covers the construction of Westwind’s second building.
The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.
Broadcast giant GMA Network reported an 87 percent drop in first-quarter 2026 profit after missing the boost from election-related advertising seen last year.
The Department of Environment and Natural Resources (DENR) is scaling up bamboo plantation development nationwide, positioning the fast-growing plant as a cost-effective, nature-based solution to help communities withstand the harsh effects of the El Niño phenomenon.
Next-generation entrepreneurs in the Philippine construction industry must pair technological innovation with specialized expertise and strong professional relationships to compete for projects and sustain growth, FreyFil Corp. chairman and president Francis Frederic Cruz said.
Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.
The Department of Transportation (DOTr) will open sections of the North–South Commuter Railway (NSCR) in stages, with the first 27 kilometers and seven stations set to begin operations by the end of 2027. This initial phase runs from Malolos to Malanday in Valenzuela City.