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Property giant Megaworld is making its first foray into the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector with the opening of Mactan Expo, a standalone convention center within its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.

Food poverty in the Philippines dropped significantly in the fourth quarter of 2025, driven largely by expanded rice subsidies and higher government spending on farm infrastructure, according to the latest OCTA Research Tugon ng Masa survey.

Zen LifeSciences Inc. is making a major P1.2-billion investment in local pharmaceutical manufacturing, announcing plans to build a state-of-the-art production facility at the Luisita Industrial Park–Special Economic Zone in Tarlac.

The Department of Trade and Industry (DTI) said prices of most basic necessities remain steady, with manufacturers absorbing higher costs to protect consumers.