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Toyota Philippines targets 20% EV sales
Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.
South Korean firm to build Clark luxury project
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
DA chief flags cost risks despite adequate food supply amid oil shock
Agriculture Secretary Francisco P. Tiu Laurel Jr. assured senators on Tuesday that the country’s food supply will remain sufficient in the coming months, but warned that escalating tensions in the Middle East could drive food prices higher through rising logistics and input costs, particularly urea-based fertilizer.
JG Summit earnings rise despite petrochemical drag
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.
Marcos declares state of national energy emergency
President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.
Philippines pushes deeper economic ties with Japan
The Philippines is seeking to strengthen and future-proof its long-standing economic partnership with Japan, a relationship seen as critical to regional stability and growth, according to Cezar Consing, president and CEO of Ayala Corp.
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Toyota Philippines targets 20% EV sales
Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.
South Korean firm to build Clark luxury project
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
DA chief flags cost risks despite adequate food supply amid oil shock
Agriculture Secretary Francisco P. Tiu Laurel Jr. assured senators on Tuesday that the country’s food supply will remain sufficient in the coming months, but warned that escalating tensions in the Middle East could drive food prices higher through rising logistics and input costs, particularly urea-based fertilizer.
JG Summit earnings rise despite petrochemical drag
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.
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Toyota Philippines targets 20% EV sales
Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.
South Korean firm to build Clark luxury project
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
DA chief flags cost risks despite adequate food supply amid oil shock
Agriculture Secretary Francisco P. Tiu Laurel Jr. assured senators on Tuesday that the country’s food supply will remain sufficient in the coming months, but warned that escalating tensions in the Middle East could drive food prices higher through rising logistics and input costs, particularly urea-based fertilizer.
JG Summit earnings rise despite petrochemical drag
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.
Marcos declares state of national energy emergency
President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.
Philippines pushes deeper economic ties with Japan
The Philippines is seeking to strengthen and future-proof its long-standing economic partnership with Japan, a relationship seen as critical to regional stability and growth, according to Cezar Consing, president and CEO of Ayala Corp.
GT Capital reassesses capex, growth plans
GT Capital Holdings is reviewing its capital expenditure and growth strategy for 2026 as it navigates uncertainty from an unfolding global crisis, Vice Chairman Alfred Ty said.
ADB unveils support package amid Middle East crisis
The Asian Development Bank (ADB) on Tuesday announced a broad financial support package aimed at helping developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East.
Fuel crisis or policy gap?
Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.
Filinvest Land, EastWest Bank launch easier home financing program
Filinvest Land, Inc. (FLI) has partnered with East West Banking Corporation to introduce a new financing program aimed at making homeownership more affordable and accessible.