A Cebu City technical committee has recommended allowing the 118-hectare Monterrazas de Cebu development to proceed after finding that its inspected water-retention facilities exceed design requirements, according to developer Mont Property Group.

Logistics firm 2Go Group Inc. partnered with SMX Convention Center, Central Business Park, and SM Estates to roll out a unified permit and logistics facilitation system at SMX and Mall of Asia Complex, formalized via MOU Tuesday.

Indian technology and manufacturing companies are lining up as much as USD66.8 million in investments in the Philippines that could generate up to 7,500 jobs, strengthening economic ties between Manila and New Delhi while spreading new projects beyond Metro Manila.

Toyota Motor Philippines Corp. (TMP) is prepared to make additional investments in the locally produced Tamaraw if needed to qualify under the government’s Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.

Cebu Pacific has taken delivery of an additional Airbus A320neo, moving forward with its fleet modernization drive to raise operational efficiency. The aircraft arrived in Manila from Airbus’ production facility in Tianjin, China on September 11. It marks the third of four A320neo units the carrier is set to receive this year.

Cebu Pacific carried more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as stronger domestic traffic offset a decline in international passengers amid tighter capacity.

Dominion Holdings Inc. (DHI) shareholders approved the company’s merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., clearing a major corporate hurdle in its bid to gain control of the Tampakan copper-gold project in South Cotabato.

The Philippine financial system remains solid even amid difficult global conditions, the Financial Stability Coordination Council (FSCC) confirmed during its 46th Executive Committee meeting held at the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. FSCC Chairman and BSP Governor Eli M. Remolona, Jr. noted that global risks are still high, driven by geopolitical tensions in the Middle East and unstable financial markets, but emphasized the system is well-placed to absorb any shocks.

Farmgate prices of dry palay rose nearly 30 percent year-on-year in August, extending the gains seen earlier in 2026 and providing stronger returns for rice farmers despite a slight monthly decline.