The National Food Authority will need P16.3 billion next year to procure the country's target rice buffer stock and additional budget to upgrade storage capacity.
AirAsia Philippines on Tuesday projected strong operational performance in the second half this year on the basis of heightened willingness among Filipinos to spend on travel.
Tourist arrivals in the Philippines rose nearly 14 percent in the first four months of the year to 2.12 million, with foreign visitors led by tourists from South Korea.
PLDT Inc. is at a crossroad on the subject of its data center business but firm on arriving at a decision by June this year on whether the business is sold off or alternatively retained as a public or listed real estate investment trust (REIT) entity.
The Bases Conversion and Development Authority (BCCDA) on Friday said it is open to the idea of selling its stake at the Subic Clark-Tarlac Expressway (SCTEX) to Metro Pacific Tollways Corp. (MPTC) but only if the price is right.
Notarized deeds of donation and testimony in a plunder case show that a total P75 million given to Senator Rodante Marcoleta by former congressman Mike Defensor, and businessmen Joseph Espiritu and Aristotle Viray was intended to support the lawmaker’s 2025 senatorial campaign, rather than for personal use.
Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.
Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.
Filinvest Group has rolled out two key energy efficiency initiatives: an EV charging station at Festival Mall in Muntinlupa City, and broader availability of its high-efficiency district cooling systems for companies outside its portfolio.