PhilWeb Corporation is ramping up efforts to cement its role as a key technology provider in the country’s rapidly evolving regulated gaming industry, signaling a more aggressive push into infrastructure and governance support.

President Ferdinand Marcos Jr. on Thursday unveiled a package of transport support measures to cushion commuters and public utility vehicle (PUV) operators from the impact of surging global oil prices, amid renewed tensions in the Middle East.

The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.

The United Sugar Producers’ Federation of the Philippines (Unifed) has called on the government to immediately carry out cloud seeding operations as dry conditions linked to a possible El Niño begin to affect crops.

A foreign renewable energy developer, Levanta Renewables, has awarded an engineering, procurement, and construction (EPC) contract to China Energy Engineering Group for a solar power project in Iloilo.

Metro Pacific Health Tech Corp., owner of the health app mWell, is attracting attention from numerous investors, even separate from Metro Pacific Hospitals, its parent company.

The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.

Alibaba has introduced Wan2.7-Video, a new AI model designed to help creators produce complete videos with higher quality and efficiency.

The Securities and Exchange Commission (SEC) is pushing for the creation of an “umbrella mutual fund” to make investing easier and help grow the country’s capital markets.