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.

Coca-Cola Europacific Aboitiz Philippines (CCEAP) is assessing the impact of a proposed sharp increase in excise taxes on sugar-sweetened beverages, as the industry braces for a measure that could reshape pricing, consumer demand, and product strategies across the beverage market.

The Bureau of Internal Revenue (BIR) has expanded the list of value-added tax (VAT)-exempt medicines to 2,277 products, broadening tax relief for patients with chronic and life-threatening illnesses as the government seeks to make essential healthcare more affordable.

Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.

D and L Industries Inc. reported an 8 percent rise in first-half 2026 net income, with a 10 percent jump in second-quarter earnings, and expects better results ahead. President and CEO Alvin D. Lao cited recovering consumer spending and stabilizing coconut oil prices as key drivers.

Metro Retail Stores Group Inc. (MRSGI) has strengthened its consumer credentials after 11 of its Cebu stores received the 2025 Bagwis Award from the Department of Trade and Industry (DTI), reinforcing the retailer's focus on service quality, fair trade practices, and customer trust as competition in the retail sector intensifies.

Japan and the Philippines have formalized financial assistance worth about 30 billion yen to boost the country’s universal health care efforts and help ease pressures on the health sector brought about by rising tensions in the Middle East.

The Department of Transportation and Department of Education, in partnership with the British Embassy in Manila, have completed the feasibility study for the SEED Transit Oriented Development Project in Taguig City. The study was formally turned over at the UK’s infrastructure projects ceremony on Tuesday, marking a key step toward building more accessible and sustainable urban communities.

The Tourism Promotions Board (TPB) Philippines has successfully concluded its Domestic Tourism Invitational Program (DTIP) held in Camiguin, Northern Mindanao in July. The event brought together 11 tour operators and travel agents affiliated with TPB for an Open Water Dive Course, designed to build the country’s reputation as a top diving destination. Camiguin was chosen as the host site shortly after it became the only Philippine location included in The New York Times’ latest “52 Places to Go” list.