The combined wealth of the Philippines' 50 richest individuals fell 8 percent to USD79 billion this year as slowing economic growth, persistent inflation, and a weaker peso eroded corporate valuations, although ports tycoon Enrique Razon Jr. bucked the trend to become the country's richest person for the first time.
Living without electricity or paved roads has been a lifelong reality for Liezel Sarmiento, a barangay councilor and member of the Dumagat-Remontado tribe in Sitio Cablao, Quezon.
GCash emerged as the biggest winner at the YouTube Works Awards Philippines 2026, capturing the coveted Best of Philippines award with a campaign that turned creative storytelling and artificial intelligence into measurable business growth.
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.
Aboitiz Power Corporation (AboitizPower) and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) signed a Memorandum of Understanding (MOU) on July 31 at KHNP’s headquarters in Gyeongju, South Korea, to explore cooperation on nuclear energy technologies and their possible use in the Philippines.