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Converge eyes P18B-P23B capex to expand capacity

Converge Information and Communications Technology Solutions Inc. is dialing up investment in its fiber network this year, signaling that the Philippine broadband race is far from over.

PHINMA Education adds Southeastern College to network

PHINMA Education is expanding its footprint in the Philippines with the addition of Southeastern College, a move aimed at widening access to affordable higher education for more Filipinos.

Remittances from Overseas Filipinos reach US$3.02B in January

Cash remittances sent by Overseas Filipinos (OFs) rose to US$3.02 billion in January 2026, up 3.5 percent from US$2.92 billion in the same month last year.

Gov’t promotes agriculture as investment opportunity at ADB forum

The Philippine government is promoting agriculture as a profitable investment sector, urging global financiers to see it not just as a development issue but as a viable business opportunity.

Peso gains trim Manila Water bills

Water bills in parts of Metro Manila are set for a small dip next month after the Metropolitan Waterworks and Sewerage System approved a modest tariff adjustment for Maynilad Water Services Inc.

Just in

ACEN units surrender two solar contracts

Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.

Toyota sees auto sales dipping up to 2% in 2026

The Philippine automotive market could shrink by 1 percent to 2 percent in 2026 before returning to growth in 2027, according to Toyota Motor Philippines (TMP), as weaker sales in the first seven months weigh on the industry’s near-term outlook.

IP filings rise as counterfeit seizures decline

Intellectual property filings in the Philippines are continuing to grow year-on-year even as seizures of counterfeit goods decline, suggesting a shift in the country’s enforcement landscape as physical markets lose prominence and online platforms face tighter scrutiny.

Samsung lines up P2B inductor project in Laguna 

Samsung Electro-Mechanics Philippines (SEMPHIL) is preparing two additional manufacturing investments in Laguna, adding to its previously announced USD1-billion expansion as the electronics industry responds to rising demand for components used in automotive systems, artificial intelligence and high-performance computing.
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