ASEAN ramps up grid, fuel pact cooperation
Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.
Ayala Land leans on recurring income growth
Ayala Land Inc., one of the country’s largest property developer, reported first-quarter 2026 net income of P5.4 billion on revenues of P37.5 billion, as the property giant sharpened its focus on recurring income streams and disciplined capital deployment amid a more cautious operating environment.
PEZA office shortage squeezes Metro Manila options
The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.
Ignite Power: Let SOCOTECO MCOs decide on proposed JV
Ignite Power, a partnership of Razon-led Primelectric Holdings Inc. and Manny Pacquiao's MP Holdings, today (April 30, 2026) said no formal negotiations are ongoing for its proposed joint venture with South Cotabato II Electric Cooperative (SOCOTECO II), stressing that the final decision should rest with the cooperative’s member-consumer-owners (MCOs).
Labor, business groups push VAT relief measures
A coalition of labor and business groups is urging the government to review—and potentially suspend—value-added tax (VAT) on essential goods, warning that sustained price increases are straining both households and enterprises.
