SM Hotels and Conventions Corp. (SMHCC) has appointed hospitality veteran Melissa J. Carlos as vice president for commercial, strengthening its leadership team as the company expands its portfolio and sharpens its growth strategy in the increasingly competitive Philippine hospitality market.

Canadian companies' planned USD130.89 million (P8.03 billion) investments in the Philippines could mark the next phase of growth for the country's IT and business process management (IT-BPM) industry, with demand shifting toward higher-value digital services, artificial intelligence (AI), cybersecurity, and global capability operations.

The Philippines could unlock fresh opportunities to modernize its agriculture sector as the US state of Nebraska seeks to expand cooperation in livestock, biofuels, and agricultural technology to help strengthen the country's food security and rural economy.

The Asian Development Bank (ADB) has cut its growth forecasts for the Philippines, warning that the economic fallout from the Middle East conflict is dampening investments, squeezing consumer spending, and stoking inflation, even as the country remains one of Southeast Asia's fastest-growing economies.

The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.

The National Geothermal Association of the Philippines (NGAP) expressed strong optimism for the future of local renewable energy following the approval of the ₱10.07 billion Philippine Geothermal Resource De-Risking Facility (PGRDF) by the Economy and Development Council. The landmark fund specifically targets high upfront exploration and initial drilling costs, which have historically acted as barrier to greenfield geothermal projects. By absorbing a portion of the financial uncertainties, the facility targets unlocking vital indigenous baseload energy, reduce the country's reliance on imported fuels, and bolster long-term energy security.

The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.

The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.

The government is making homeownership more affordable after the...