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Clark Water bares 15-year service improvement plan costing P5.5 billion

Clark Water, one of 20 domestic subsidiaries housed under Manila Water Philippine Ventures, itself a subsidiary of the Manila Water Co. Inc., has budgeted P5.56 billion as service improvement projects over the next 15 years or until  2040.

Ayala bets big on electric vehicles

Ayala Corporation, noting that up to 20 percent of all vehicles sold by 2030 will be electric, has made big bets on the EV space. 

Quezon Power eyes P71B natural gas-fired plant in Quezon

Quezon Power Philippines Ltd. Co. (QPL), subsidiary of the EGCO Group of Thailand, plans building a 1,200 megawatt natural gas-fired power plant in Mauban, Quezon Province.

DA lines up support for seaweed industry to regain top world spot

The Department of Agriculture underscored the need to increase support for local seaweed producers to boost the potential of the second biggest export earner in Philippine aquaculture, next only to the tuna industry.

Aboitiz’s big bet on data science bears fruit 

In 2019, the Aboitiz Group donated US$10 million to the Asian Institute of Management (AIM) to establish the Aboitiz School of Innovation, Technology, and...

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Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

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