South Korean firm to build Clark luxury project
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
Toyota Philippines targets 20% EV sales
Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.
DA chief flags cost risks despite adequate food supply amid oil shock
Agriculture Secretary Francisco P. Tiu Laurel Jr. assured senators on Tuesday that the country’s food supply will remain sufficient in the coming months, but warned that escalating tensions in the Middle East could drive food prices higher through rising logistics and input costs, particularly urea-based fertilizer.
JG Summit earnings rise despite petrochemical drag
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.
Marcos declares state of national energy emergency
President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.
