The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, has completed a major runway surface upgrade at Laguindingan International Airport, the second-busiest airport in Mindanao.
Budget airline Cebu Pacific has received its first aircraft delivery for 2026, an Airbus A320neo, as part of efforts to expand capacity across its domestic and regional routes.
Globe Telecom has partnered with Singapore-based Transcelestial to deploy more than 400 wireless laser links across the Philippines over the next three years, aiming to speed up the rollout of 5G and strengthen the country’s digital infrastructure.