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San Miguel unit breaks ground on P34B Pangasinan toll road project

San Miguel Corp. said Monday that one of its affiliates, SMC Plex Inc., recently broke ground on a P34 billion toll road project in Pangasinan.

Meralco energizes coffee bean processing facility in Bukidnon

One Meralco Foundation (OMF), the corporate social responsibility arm of the Manila Electric Company, has energized the post-harvest coffee bean processing facility of coffee farmers in Talakag, Bukidnon.

Finance chief wants lower GDP growth target, expects BSP rates to stay “higher for longer”

Finance Secretary Ralph Recto said late Thursday he will recommend a downgrade of the economic growth targets to the interagency Development Budget Coordination Committee, seeking to ease pressure on government finances amid geopolitical concerns and inflationary pressure that would keep interests rates "higher for longer.”

China-funded Kaliwa Dam now 30 percent complete

The construction of the Kaliwa Dam in the provinces of Rizal and Quezon is now 30 percent complete, according to the Metropolitan Waterworks and Sewerage System (MWSS).

Cebu Pacific welcomes first of 12 Airbus A320neo aircraft fueled by SAF

Cebu Pacific (CEB) on Tuesday boosted its flight operations with the receipt of a second brand-new A330 neo aircraft to its fleet.

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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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