Ayala, Spinneys join forces for premium retail
Ayala Corp., the diversified investment holding company of the Ayala Group, is partnering with United Arab Emirates‑based Spinneys, a leading premium fresh‑food supermarket chain, to launch Spinneys stores in the Philippines—a move that deepens Ayala’s push to bring global retail standards to Filipino consumers.
Foreign investments surge, push PH net liabilities higher
The country's international investment position (IIP) posted a net external liability of US$68.3 billion as of end-June 2025, according to latest figures from the Bangko Sentral ng Pilipinas (BSP).
Powerful quake rattles Central Philippines
A magnitude 6.9 earthquake struck Bogo City in northern Cebu late Tuesday, September 30, shaking a vast stretch of the Philippines from Camarines Sur in Luzon to Davao del Sur in Mindanao, according to the Philippine Institute of Volcanology and Seismology.
NLEX Corporation Invests P200 Million in SCTEX Tech Upgrade to Boost Safety, Efficiency
NLEX Corp. on Tuesday announced a P200 million investment program upgrading the technology along the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEX) connecting Central Luzon provinces. The improvements are designed to provide motorists with a smoother, safer, and more efficient travel experience.
₱7.3B BCIB contract draws eight bidders
Eight qualified contractors, including D.M. Consunji, EEI Corp., and several Chinese firms, submitted financial bids for Contract Package 1 (CP1) of the ₱7.3 billion Bataan-Cavite Interlink Bridge (BCIB) project, the Department of Public Works and Highways (DPWH) said on Tuesday.
