The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

Agriculture Secretary Francisco P. Tiu Laurel Jr. has firmly opposed plans to auction thousands of metric tons of seized Vietnamese rice, warning the move could let those behind its illegal entry earn from the shipment.

Cebu Pacific has become the first airline to use bridge-mounted equipment or BME at Clark International Airport, a new system that will lower fuel consumption and reduce emissions during ground operations.

The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudsters falsely presenting themselves as BSP officials or employees. Scammers may send letters, emails, or text messages asking people to deposit or transfer money, claiming the payment is needed to release, recover, or restore funds, or even for charitable causes. Some also show fake BSP identification cards complete with names, photos, and forged signatures to appear credible.

JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.

Puerto Princesa City is positioning itself for sustained economic growth through major tourism, hospitality and property developments, as investors explore opportunities in Palawan’s expanding visitor economy.