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President Ferdinand R. Marcos Jr. has ordered government agencies to accelerate the development of Sangley Point International Airport in Cavite, seeking to clear regulatory and administrative bottlenecks that have delayed the long-planned alternative gateway to Metro Manila.

PLDT Inc. remains optimistic about its 2026 second-half profit outlook despite a dip in first-half earnings, the firm said Thursday.

Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive. 

United Parcel Service is expanding its Clark operations, providing Philippine Economic Zone Authority locators with another logistics option as the government develops Clark as a major gateway for trade and investment outside Metro Manila.