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PH1 World Developers has completed the first major construction milestone for its flagship project under the government's Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, signaling accelerating private sector participation in efforts to narrow the country's housing backlog.

Toyota Motor Philippines (TMP) is poised to surpass three million cumulative vehicle sales later this year, a milestone that highlights how nearly four decades of local manufacturing and sustained investments have helped cement its position as a key driver of jobs, industrial development, and the country's automotive sector.

The European Union (EU) is taking part in the Philippine Space Week for the third consecutive year, with the 2026 edition set to run from 8 to 14 August under the theme “Navigating Tomorrow”. The EU and the Philippines maintain a strong partnership through the Global Gateway initiative, with a key focus on applying knowledge and technology from Copernicus, the Earth Observation arm of the EU’s space programme. The partnership has already established the first Copernicus Data Centre in Southeast Asia in the Philippines, which is now growing into a regional hub.

San Miguel Food and Beverage Inc. (SMFB) reported Wednesday that its net income fell 4 percent to P22.1 billion in the first half of the year, down from P22.96 billion in the same period last year. The decline came as higher commodity prices, slower economic growth, and global supply chain issues reduced consumer spending and hurt some export markets.

Artificial intelligence is projected to unlock US$50.7 billion in economic value for Philippine businesses by 2030, driving growth and competitiveness. While most firms have started using AI, 65 percent remain stuck in pilot stages due to gaps in infrastructure, system integration, and skilled talent.