The government is setting a more ambitious investment agenda with the upcoming Strategic Investment Priority Plan (SIPP), targeting P4.5 trillion in investment approvals over the next three years as it seeks to accelerate industrialization and help the Board of Investments (BOI) achieve its P1-trillion approval goal for 2026.
Singapore is no longer just a distant dot on Top Line Business Development Corp.’s growth chart. It has become a very literal marker of how far the company has travelled in 12 years, from a Visayas-based real estate developer to an emerging energy player now thinking in global supply routes.
The Department of Agriculture (DA) and Philippine Fisheries Development Authority (PFDA) are committing nearly P190 million to build and upgrade two municipal fish ports in Davao del Sur, designed to cut post-harvest waste, boost food security, and drive growth in coastal areas.
Jollibee Foods Corp. is preparing its biggest leap yet by exploring a New York listing for its international business. This move could give the Filipino restaurant giant greater firepower to accelerate global expansion and mark another Wall Street milestone for founder Tony Tan Caktiong.
Treasury bill yields ended mixed at Monday's auction as easing headline inflation pulled down rates on shorter-dated securities, while persistent inflation risks and geopolitical uncertainty kept upward pressure on one-year debt.
Philippine shares are expected to trade cautiously in the coming weeks as the second-quarter earnings season begins, shifting investors' focus from recent market gains to whether corporate profits can withstand persistent inflation, the prospect of further monetary tightening, and rising geopolitical risks.
President Ferdinand R. Marcos Jr. inaugurated the new Passenger Terminal Building and Lightcraft Landing Station at Camiguin’s Benoni Port on Monday, to deliver safer, more efficient services and drive the province’s economic and tourism growth.
Vivant Energy’s retail arm COREnergy will supply 2.83 MW of power to four Jocelyn Forge facilities in Bulacan until 2028. The deal under the Retail Aggregation Program gives the pole line hardware maker more affordable rates and protection from spot market price swings, supporting its power-intensive production. The agreement aligns with Vivant’s P67 billion investment plan for energy and water projects through 2030, as it works toward reaching 1,000 MW total capacity with 30 percent renewable share.
The country's electric vehicle (EV) industry is rallying behind a proposal to extend incentives for EV buyers and investors, arguing that sustained government support is critical to accelerating the shift away from fossil fuels and building a viable domestic electric mobility ecosystem.
The Department of Finance (DOF) sought to dispel concerns over the newly enacted Real Property Valuation and Assessment Reform Act (RPVARA), saying the measure does not automatically raise property taxes and instead gives local governments wide latitude to cushion any impact on taxpayers.
The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.
Globe Business is expanding its focus on the local hotel, restaurant and café sector as businesses strive to keep pace with the fast growing digital travel economy. Rising demand from medical and wellness tourists, MICE travelers, and digital nomads is pushing operators to deliver personalized service, while facing a 325 percent jump in industry cyber threats and ongoing labor pressures. The firm is promoting its "Intelligent Transformation" approach, which combines strong connectivity, cloud tools, cybersecurity and data analytics to streamline operations and tailor guest experiences. Industry data shows this level of personalization can lift guest lifetime value by 20 percent to 30 percent. Globe Business shared these strategies during the recent Hospitality and Food and Beverage Summits, aiming to help businesses build secure, efficient digital foundations for long term growth.
Some forest heroes don't announce themselves. They don't roar, flash brilliant plumage, or tower above the canopy. They slip through the undergrowth, light on their feet and easy to overlook. The Mindanao treeshrew is one of them.
Cockfighting has always occupied a peculiar corner of the Filipino psyche. It is at once sport, spectacle, business, culture—and depending on whom you ask, either cherished heritage or a tradition overdue for reckoning.
The Philippines has earned an economic promotion. The World Bank now classifies it as an upper-middle-income economy, a milestone reached after years of growth and a steady post-pandemic recovery under President Ferdinand Marcos Jr.
At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.