The Philippine packaging industry is expected to face higher costs as the ongoing conflict involving Iran pushes up global oil prices and disrupts supply chains. These challenges could also lead to more expensive consumer goods.

The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.

The Philippine Travel Agencies Association (PTAA) has thrown its support behind airline partners facing mounting cost pressures from volatile fuel prices, while calling on the government to provide relief measures and improve the timeliness of advisories to minimize disruption across the travel sector.

SP New Energy Corporation said it is moving forward with a corporate rebranding that will see it adopt the name “MGEN Renewables Inc.” and change its stock symbol to MGENR, replacing its current ticker SPNEC.

Airbus has completed a first-of-its-kind trial using digital technology to improve how forest fires are fought.

SM Hotels and Conventions Corporation (SMHCC) is ramping up efforts to position the Philippines as a stronger player in the global meetings, incentives, conferences, and exhibitions (MICE) market, anchored on the upcoming launch of SMX Convention Center Seaside Cebu.

San Miguel Corporation (SMC) has cleared a key section of the Alabang River, helping improve water flow and reduce flood risk in nearby communities, roads, and the South Luzon Expressway (SLEX).

Airbus has completed a first-of-its-kind trial using digital technology to improve how forest fires are fought.

Authorities have confiscated up to P1.4 billion worth of illicit vaporized nicotine products in a warehouse raid in Navotas City, marking one of the largest recent enforcement actions against the country’s underground vape trade.