Japanese wellness company Nambu Co. Ltd is set to invest P4 billion to build 10 retirement facilities across the Philippines, with the first project to rise in Lapu-Lapu City, Cebu, the Department of Trade and Industry (DTI) announced Friday. The investment, backed by the CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises – Maximize Opportunities for Reinvigorating the Economy) …
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Fairness and reliability now trump price in Phl online shopping — study
Fairness, transparency, and reliable service now outweigh price in Philippine e-commerce, according to a new study released Friday by global market research firm Milieu Insight. While Filipino online shoppers still value bargains, the survey of 500 buyers nationwide showed that good service, transparent policies, and dependable delivery carry equal or greater importance. “Competitive pricing alone is no longer enough to …
Read More »Globe secures P5-B loan from Bank of Commerce to fund capex
Globe Telecom has secured a ₱5 billion long-term loan from the Bank of Commerce to partly finance its 2025 capital expenditures, the company disclosed Friday. The funds will also be used for debt refinancing and other general corporate requirements, Globe said in a filing with the Philippine Stock Exchange. For this year, Globe set its capital expenditure guidance below USD1 …
Read More »Home Credit eyes P100-B loan receivables in 2025
Financial services firm Home Credit expects its loan receivables to hit ₱100 billion this year, driven by growing partnerships and an expanding customer base. Home Credit’s receivables currently stand at about ₱85 billion, up from ₱74 billion at end-2024, said marketing and communications group head Sheila Paul in a Thursday briefing. “We’re hoping to hit the magic 100 within the …
Read More »DTI sets Sept. 30 deadline for E-Commerce Trustmark registration
The Department of Trade and Industry (DTI) has given online businesses until Sept. 30, 2025 to register for the E-Commerce Philippine Trustmark, a move aimed at boosting consumer confidence and addressing mounting complaints in the digital marketplace. The mandatory registration, outlined in a DTI Administrative Order, is in line with Republic Act 11967 or the Internet Transactions Act of 2023. …
Read More »SEC opens OneSEC online registration to foreign firms
The Securities and Exchange Commission (SEC) has expanded its One Day Submission and Electronic Registration of Companies (OneSEC) facility to cover foreign firms seeking to incorporate in the Philippines. SEC Chairperson Francis Lim said the move is part of efforts to improve ease of doing business and attract more international investments. “By expanding the coverage of OneSEC to foreign entities, …
Read More »Government moves to future-proof jobs amid climate, market strains
The government vowed to step up efforts to strengthen climate resilience and workforce agility to shield the country’s labor market from future shocks, the Department of Economy, Planning, and Development (DEPDev) said Wednesday. The commitment came after July 2025 labor force data showed weaker conditions due to extreme weather events that disrupted economic activity across Luzon and other regions. The …
Read More »Travellers Group, Suntrust to complete Westside City project
Travellers International Hotel Group Inc. and Suntrust Resort Holdings Inc. will shell out up to $450 million to complete the long-delayed Westside City integrated resort project in Entertainment City, after taking over its development and operations. Nilo Rodriguez, president and CEO of Travellers, told reporters the project is now 70-percent complete. Rodriguez added they were still targeting to open the …
Read More »Phl files protest vs China’s plan to set up nature reserve at Scarborough Shoal
The Philippines will file a formal diplomatic protest against China’s plan to set up a national nature reserve at Scarborough Shoal, the Department of Foreign Affairs (DFA) said last week. “The Philippines will be issuing a formal diplomatic protest against this illegitimate and unlawful action by China as it clearly infringes upon the rights and interests of the Philippines in …
Read More »Livingsprings redefines modern and sustainable community living
Award-winning boutique developer Livingsprings Communities Realty and Development Corporation (LCRDC) expands its property lineup with the official launch of Cypress Place Woodland Community in Silang, Caviite Designed for new-generation homeowners and savvy investors, Cypress Place brings to life the charm of modern cabin living—cooler mountain air, thoughtfully designed spaces, and a climate-conscious community, setting a new benchmark for nature-inspired, sustainable …
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