Business

Transforming Healthcare with Advocacy and Service In today’s rapidly changing world, health has become a top priority for Filipino families. With rising cases of hypertension, diabetes, and other lifestyle-related diseases, more households recognize the importance of prevention, early intervention, and access to reliable medicines. Yet the high cost of healthcare remains a significant challenge for many. This reality inspired the …

The government does not impose a higher tax burden to luxury items and other nonessential goods, so says Finance Secretary Frederick Go; ergo, those consuming these commodities should pay up. With this explanation came the announcement that the  Department of Finance (DOF) is seeking to collect more from wealthy consumers through higher taxes on luxury and nonessential goods. The trouble …

The DMCI Mining Corp. is nearing its 3 million wet metric ton (WMT) production target for 2026, driven by rapid shipments from its Palawan and Zambales operations. “If you talk about the group, we’re at 3 million tons right now. We’re on track for this, for 3 million. That was our target,” DMCI Mining president and chief operating officer Tulsi …

Meralco PowerGen Corp. (MGen) has announced that its MTerra Solar Phase 1 project has started commercial operation and is now delivering 600 megawatts of alternating current (MWac) of mid-merit capacity. This came after the facility secured its Final Certificate of Approval to Connect (FCATC) from the National Grid Corporation of the Philippines (NGCP) last Aug. 26. The green light was …

The Social Security System (SSS) is hopeful that it would earn at least P71.41 billion by the end of this year, mostly from its investments in government securities. The expectation will come from the state pension fund’s total investments estimated  at P1.44 trillion by yearend with an expected return on investment (RoI) of 6.11%. At end-June, SSS’ investment income was …

Contecon Manzanillo S.A. de C.V. (CMSA), the Mexican unit of International Container Terminal Services, Inc. (ICTSI), has become the sole terminal operator at the Port of Manzanillo authorized to handle ultra-large container vessels with drafts of up to 15.5 meters. Supported by ongoing dredging from the port authority and CMSA’s own terminal investments, the facility can now accommodate ships up …

Sports and entertainment collided on Sunday, August 23, as PlayTime Entertainment successfully sponsored the All-Star Game 2026. The action-packed event featured thrilling matchups across the Juniors Division, Women’s Volleyball, and the headline “SEAbling Showdown” international basketball match between Team Philippines (Star Magic Shooting Stars) and Team Thailand (GMMTV All-Stars). Fans were treated to immersive experiences, including a high-energy opening shootout …

The Thai Trade Center Manila is making its historic debut at the Manila International Book Fair (MIBF) 2026 with an immersive showcase titled “Melody of Books.” Running from September 9 to 13 at the SMX Convention Center Manila (Level 2, Booth Nos. 2-48, 2-49, 2-54, and 2-55), the pavilion aims to bring the sights, sounds, and stories of Thailand closer …

A FedEx veteran with nearly two decades of experience across the company, Thompson returns to the Philippines after serving as Managing Director of FedEx Indonesia for more than five years. He previously held leadership roles in the Philippines across sales and other functions, where he helped drive significant revenue growth and expand FedEx’s customer base. In his new role, Thompson …

Bank deposits in the Philippines surged 9.8 percent year-on-year to ₱22.04 trillion as of end-March 2026, nearly doubling the previous year’s growth rate and signaling sustained confidence in the banking system. The Philippine Deposit Insurance Corporation (PDIC) said total deposits increased by ₱1.97 trillion from ₱20.1 trillion a year earlier. The growth was almost twice the 5.3 percent, or ₱1 …