The country’s umbrella organization of exporters has raised alarm over the planned imposition of additional duties of up to 12.5 percent on shipments to the United States (US), arguing that the measure was proposed without basis. Philippine Exporters Confederation Inc. (Philexport) President...
Sy-led SM Prime Holdings Inc. (SM Prime), a leading integrated property developer in Asia, has decided to defer its planned bond offering worth up to ₱18 billion until further notice due to adverse market conditions. The firm informed the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
Building progress while preserving identity, Wilcon Depot Inc., the country’s leading home improvement and construction supplies retailer, officially opened its newest branch, Do It Wilcon Binangonan, on May 29, 2026. Nestled between the foothills of the Sierra Madre Mountain Range and the...
Metro Retail Stores Group Inc.(MRSGI), the Gaisano-led retail chain, expanded its footprint in Eastern Visayas with the launch of a new multi-format branch in Biliran province, part of its strategy to capture consumer demand outside the country’s major urban centers. The newly opened Metro Naval...
Since 2018, Project E-REDUCE has worked alongside communities in General Santos City to support a more structured and inclusive approach to managing household waste. The program is supported by the Coca-Cola Foundation Philippines Inc. (CCFPI) in partnership with Sarangani Province Empowerment and...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, has successfully raised ₱9 billion through its latest retail bond issuance, which was three times oversubscribed. The firm said in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, June 3, that...
West Zone concessionaire Maynilad Water Services Inc. expects to commission its new pumping station and reservoir in Valenzuela City by the third quarter of 2026, part of an ongoing effort to improve water storage and pressure across northern Metro Manila. In a statement, Maynilad said the company...
Smart Communications Inc., the wireless arm of telecommunications giant PLDT Inc., is leaning on hyper-personalized data packages to sustain revenue growth as accelerating inflation threatens to cool consumer spending. PLDT Chief Operating Officer Menardo Jimenez said the company’s ability to...
Manila Water Co. assured customers in its East Zone concession of reliable and safe water supply despite the decline in Angat Dam’s water levels, tapping an expanded portfolio of alternative sources to meet an expected surge in demand ahead of the June 8 school opening. While Angat Dam has fallen...
Cebu continues to strengthen its position as one of the country’s key economic hubs, fueled by investments in tourism, business process outsourcing, retail, and infrastructure. Colliers data highlights the province’s growing role in decentralization, with demand for flexible workspaces and...
The United States (US)-Association of Southeast Asian Nations (ASEAN) Business Council Inc. (USABC) is urging Southeast Asian governments to accelerate customs digitalization, harmonize trade procedures, strengthen anti-illicit trade enforcement, and deepen public-private cooperation to bolster...
Ayala Healthcare Holdings Inc. is betting on the growing local appetite for Japanese consumer goods, partnering with Nagoya-based Sugi Holdings Co. to launch a new chain of wellness-focused pharmacies in the Philippines. The healthcare arm of Ayala Corp., through its retail unit AC Health Pharma...
