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Hormuz access deal secures supply, not prices

Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.

Globe joins global tech giants in massive Asia cable project

Globe Telecom has partnered with a group of international firms to develop the Candle Cable System, a major undersea network aimed at improving internet connectivity across Southeast and East Asia.

Converge boosts internet speeds nationwide amid fuel crisis

Converge ICT Solutions Inc. has announced a temporary nationwide speed increase for its FiberX internet plans to help customers cope with rising fuel costs and their impact on daily expenses and mobility.

Aboitiz unit upgrades Laguindingan airport airside facilities

Aboitiz InfraCapital, Inc. (AIC) has completed a series of upgrades to the airside facilities of Laguindingan International Airport to improve safety, efficiency, and reliability of operations.

Nestlé Philippines accelerates plastic waste recovery, packaging efforts

Nestlé Philippines is stepping up efforts to tackle plastic waste, expanding recovery programs and advancing packaging innovations as it seeks to balance product accessibility with environmental responsibility.

Just in

DOE halts bidding of key coal areas; new regulatory framework planned

The Department of Energy (DOE) has terminated the bidding process for pre-determined coal resource blocks under the 2026 Philippine Conventional Energy Contracting Program (PCECP), to make way for a stronger, fairer evaluation system aligned with national interests.

Richli Water completes water treatment plant in Bohol

Richli Water Inc. (RWI), a local water distribution utility, has completed construction of the Bugwak Sevilla Water Treatment Plant in Bohol—a key infrastructure project set to boost the province’s water security and cut reliance on groundwater sources.

Filipinas blank Hong Kong, boost Asian Games QF bid

The Philippines’ national women’s football team blanked Hong Kong, 2-0, on a cool Thursday night at Gifu Nagaragawa Stadium in Japan, moving closer to the Asian Games quarterfinals with a performance built on efficiency rather than territorial dominance.

Yuchengco seeks SEC withdrawal of broker-director term limit rule; challenges mandate in court 

Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.
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