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D.M. Wenceslao profit rises on Aseana momentum

D.M. Wenceslao and Associates Inc., a listed integrated property developer, posted stronger earnings in 2025 as stable rental income and improving residential sales lifted results, underscoring the growing maturity of its flagship Aseana City estate.

Honda hits breaks on EVs, faces JPY2.5T losses

Honda Motor Co. Ltd. said Thursday, March 11, it is scrapping three planned electric vehicle models for North America in a dramatic strategy reset that could saddle the Japanese automaker with losses of up to JPU2.5 trillion (around USD16–billion).

DOTr cracks down on steep hikes in shipping rates

The Department of Transportation (DOTr) has warned domestic shipping lines against imposing steep passenger fare hikes, signaling tighter oversight from regulators led by the Maritime Industry Authority (MARINA).

Subic charts bold course into cruise facility

The Subic Bay Freeport Zone is plotting a major leap into the regional cruise tourism market with plans to build a dedicated cruise ship terminal worth about P10 billion, an investment that also coincides with renewed shipbuilding activity and expanding container operations in the port hub.

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