Snack manufacturer Rebisco Group of Food Companies is evaluating a potential shift of part of its expansion pipeline into economic zones under the Philippine Economic Zone Authority (PEZA), following an exploratory meeting aimed at aligning growth plans with national industrial priorities.
Aboitiz InfraCapital Cebu Airport Corp. convened tourism stakeholders to assess the potential impact of the ongoing Middle East crisis on Cebu’s travel sector, as rising global jet fuel prices threaten to dampen demand.
CLI Hotels and Resorts, the hospitality arm of Visayas-based Cebu Landmasters Inc., has opened Radisson RED Cebu Mandaue, marking the entry of the Radisson RED brand into the Philippines and expanding its hospitality portfolio.
Subic Bay’s fuel infrastructure is moving to the forefront of the Philippines’ campaign to fortify energy logistics, as new diesel imports signal a more assertive push to build buffer stocks and shield the economy from global supply shocks.
Leyte congressman Ferdinand Martin Romualdez vowed he will not be a scapegoat in the flood control controversy, opening his records and challenging critics to “follow the evidence.” Ending weeks of silence, the former House Speaker released his affidavit and documents, insisting he has nothing to hide and has fully cooperated. He dismissed corruption claims as “absurd,” stressing budgets are collectively crafted while project execution lies with the executive, urging investigators to pursue accountability across the entire chain, not convenient targets.
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
The Department of Energy (DOE) and its United States counterpart have met to explore an expanded bilateral cooperation agreement designed to strengthen the country's long-term energy security, diversify its fuel supply, and accelerate the development of domestic resources.