Cebu Landmasters Inc. (CLI) said it has secured approval from the Philippine Competition Commission for the entry of Japanese firm NTT UD Asia Pte. Ltd. as a partner in its Luzon expansion. The deal allows NTT UD Asia to acquire 40 percent of the voting shares of CLI Luzon Ventures Inc., the unit formed to lead the company’s developments in Luzon.
The Department of Energy (DOE) said it will collect up to P24 billion in performance bonds and other financial and technical obligations from Solar Philippines Power Project Holdings Inc., a company founded by Batangas Rep. Leandro Leviste.
The Philippine passport became weaker in terms of travel freedom in 2025, losing visa-free access to three destinations, even as it slightly improved its position in global rankings, according to the Henley Global Mobility Report.
TE Connectivity Manufacturing Philippines, Inc. is doubling down on the country, committing P4 billion to expand its Batangas operations and signal a long-term bet on the Philippines as a high-tech production and innovation hub.