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    Axelum plans P400 million capital spending to rebound in 2024

    Axelum Resources Corp., the country’s leading fully-integrated manufacturer and exporter of premium coconut products, plans to spend up to P400 million to deploy additional capacity and upgrade its equipment and facilities this year.

    DA says mackerel import ban to flush out erring importers, won’t undermine fish supply

    Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Thursday downplayed claims  the impending import ban against frozen round scad, bonito and mackerel would undermine production of canned fish, particularly mackerel.

    NAIA Terminal 3 finally getting much-needed electrical systems upgrade

    The Manila International Airport Authority (MIAA) has started essential power maintenance activities at Terminal 3 of the Ninoy Aquino International Airport (NAIA) lasting up to 28 May this year to replace outdated electrical components helping sustain last year's electrical systems upgrade.

    Visitor arrivals up 18% in 1Q on influx of South Korean tourists

    Overseas Filipino workers, who are included in the data sourced by the DOT from eTravel, accounted for 5.7 percent of arrivals, or a total 94,265, lower by 16 percent from the same period last year.

    300 MW new capacity comes online in hot months up ahead

    The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.

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    DA optimistic as palay output surges in Q3

    Agriculture Secretary Francisco P. Tiu Laurel Jr. on Friday announced a positive growth outlook for the agriculture and fisheries sector in the third quarter of 2025, with production value rising by 2.8 percent year-on-year, based on official government data. This growth was largely driven by stronger rice and poultry production, which together accounted for about two-thirds of the sector’s output.

    Aramco acquires 25% stake in Unioil

    Unioil Petroleum Philippines, Inc. announced on Friday the completion of its strategic partnership with Aramco, one of the world’s leading integrated energy and chemicals companies.

    Data center leaders form alliance in boost to digital hub goals

    Leading data center operators in the Philippines have officially united under the newly formed Data Center Operators of the Philippines (DCPH), aiming to position the country as Southeast Asia’s next digital hub.

    IFC invests $100 million in Maynilad IPO 

    The International Finance Corporation (IFC), the private investment arm of the World Bank, has invested $100 million as a cornerstone investor in the initial public offering (IPO) of Maynilad Water Services, Inc., the largest water utility in the Philippines and Southeast Asia by active connections and population served.

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