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Philippines debut at PDAC 2026 draws investments

The Philippines’ debut as an exhibitor at the Prospectors & Developers Association of Canada (PDAC) 2026 in Toronto is proving to be more than symbolic, generating a strong pipeline of prospective Canadian investments across mining, manufacturing, and high-value services.

BOI logs P4.8T investments, jobs surge 

The Board of Investments (BOI) has approved more than P4.8 trillion in investments and generated over 421,000 jobs during the first cycle of the Strategic Investment Priority Plan (SIPP), with renewable energy projects dominating the pipeline.

Filinvest JV signal efficiency shift

A joint venture backed by Filinvest Land, Inc. is highlighting a stronger private-sector drive toward low-carbon, cost-efficient operations in the Philippines after its energy efficiency arm secured a key government endorsement.

DTI eyes 2026 targets as momentum builds

The Department of Trade and Industry (DTI) said it is confident that its 2026 investment and export goals are within reach, citing stronger momentum...

HCLTech expanding operations, widening footprint

HCL Technologies Philippines Inc. is gearing up for a bigger footprint, with plans to expand operations over the next two to three years and funnel more global accounts into the country, according to the Board of Investments.

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ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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