After more than a decade of service, former Public Works Secretary Jose P. de Jesus is stepping down from the board of Petron Corporation, the country’s largest oil company. His resignation, effective end of January 2026, was for “personal reasons,” and Petron has yet to name a replacement.
Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).
The Department of Public Works and Highways (DPWH) announced on Friday that the ₱3.12-billion Davao River (Bucana) Bridge Project is on pace for early completion by November this year, ahead of its original late-2025 target, marking a key milestone in the government’s flagship infrastructure initiative.
VinFast is positioning its new electric motorcycles as Philippine-ready two-wheelers, with engineering designed to handle the country’s heat, humidity, heavy rains, and flood-prone roads.
Filipinos are showing stronger trust in formal credit and digital financial services even as their outlook on household finances weakens, pointing to a maturing credit market amid persistent inflation and cost-of-living pressures, according to TransUnion’s 2026 Credit Perception Index.
LG Electronics is building a dedicated robotics training hub at its Yangjae R&D Campus in Seoul, set to become fully operational by the end of 2026. Known as the Data Factory, the four-floor facility spanning 10,000 square meters will serve as a central engine for advancing robot learning, combining LG’s decades of manufacturing and logistics expertise with NVIDIA’s cutting-edge robotics and artificial intelligence technologies.
Interior and Local Government Secretary Jonvic Remulla has called on Congress to amend, if not repeal, the “Robin Padilla law” because the actor-turned-senator benefited from its passage, and to restore illegal possession of firearms as a non-bailable offense following the fatal Zamboanga school shooting on Aug. 18. Remulla said the law, which made illegal gun possession bailable, should have stricter penalties, including for those negligent gun owners. The shooting was the Philippines’ second fatal school attack in less than two months and was livestreamed. With about 2.7 million registered firearms nationwide, including roughly 2 million privately owned, Remulla said tighter controls are needed to keep illegal guns from fueling violence.