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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activities at Terminal 3 of the Ninoy Aquino International Airport (NAIA) lasting up to 28 May this year to replace outdated electrical components helping sustain last year's electrical systems upgrade.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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Ayala Foundation supports Mindanao communities after magnitude 7.8 earthquake

Following the magnitude 7.8 earthquake that hit off the coast of Mindanao on June 8, Ayala Group through Brigadang Ayala launched rapid relief and recovery operations across General Santos City and Sarangani Province.

Nearly 99% back MerryMart delisting plan

MerryMart founder and chairman Injap Sia said nearly 99 percent of the retailer’s shareholders have tendered their shares under DoubleDragon Corp.’s acquisition offer, paving the way for the company’s voluntary delisting and deeper integration into the DoubleDragon Group.

Satellite internet service launched at Pasig Mega Market to boost Paleng-QR Ph Plus

A new satellite-based internet service had been launched at the Pasig Mega Market to support the expansion of Paleng-QR Ph Plus, the national digital payment initiative of the Bangko Sentral ng Pilipinas (BSP) and the Department of Information and Communications Technology (DICT).

DA testing on rice samples raise mislabeling red flag 

A Bureau of Plant Industry (BPI) monitoring exercise has...

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