Shell Pilipinas Corp., one of the largest oil companies in the country, posted a 6 percent growth in net profit, reaching P1.3 billion. This increase was largely driven by savings in operating expenses, which more than offset a three percent decline in sales volume.
The Department of Agriculture (DA) and the National Food Authority (NFA) will upgrade the country’s grain quality testing system through a P184.2-million project funded jointly by the Philippine and Japan.
Ayala Land Inc. (ALI) is stepping up investments in its 320-hectare Lio Estate in El Nido, Palawan, betting that the next wave of tourism growth will be driven less by short vacations and more by long-stay living, remote work and integrated island communities.
Global commercial real estate markets are entering a period of recovery and rebalancing, backed by steady capital flows and new opportunities driven by changing work habits and global supply chain adjustments, according to insights shared by Colliers executives at the recent 56th WTCA Global Business Forum in Philadelphia.
Philippine Airlines (PAL) will resume nonstop flights between Manila and Dubai starting October 2, 2026, reopening a vital air route connecting the Philippines to one of the Middle East’s top commercial and travel centers. Initially, four weekly flights will be offered, with plans to move to daily operations as demand and conditions permit.