Companies

The Philippine Amusement and Gaming Corporation (PAGCOR) and the Philippine Charity Sweepstakes Office (PCSO) have joined hands to enhance the country’s emergency healthcare system through a ₱141-million donation of 70 Patient Transport Vehicles (PTVs). The partnership was formalized during a Memorandum of Agreement (MOA) signing held at the PAGCOR Corporate Office in Pasay City on October 15, 2025.  The vehicles …

Toyota Motor Philippines Corporation (TMP) credited fiscal incentives and supportive government policies for helping local manufacturers stay competitive and sustain growth in the automotive industry. In a statement sent to the media, TMP said it measures government initiatives by their impact on strengthening local manufacturing and the parts supply chain.  “Fiscal incentives on investments in local capabilities, as well as …

Eton Properties marked another milestone as it officially broke ground on the University of the East’s (UE) first campus in the South, located within the 600-hectare Eton City in Sta. Rosa, Laguna. From its inception, Eton City was envisioned as more than just a place to live. It was designed as a complete and connected community where families can grow, …

Spain-based firms are set to assist in developing a food and cold chain logistics hub inside the Aurora Pacific Economic Zone and Freeport Authority (APECO) in Casiguran, Aurora. APECO president and CEO Gil Taway said the project, which will cover five to 10 hectares, was among the key topics discussed with Spanish engineering firm IDOM Consulting, Engineering, Architecture S.A.U., and …

The oversupply of residential condominium units, partly caused by the exit of Philippine Offshore Gaming Operators (POGOs), has dampened gains from rental properties, according to Leechiu Property Consultants. Roy Golez, the firm’s director for research and consultancy, said the sharpest drop in rental rates compared to pre-pandemic levels was recorded in the Manila Bay area, which covers Parañaque and Pasay …

The Government Service Insurance System (GSIS) has upgraded its Ginhawa Max Loan Buyout program to help members free themselves from high-interest loans and predatory lenders. GSIS President and General Manager Arnulfo “Wick” Veloso said the enhanced program enables government workers to consolidate and buy out expensive loans with GSIS, offering lower rates and more flexible terms. “The Ginhawa Max Loan …

The Securities and Exchange Commission (SEC) on Friday cautioned the public against persons and groups offering supposed assistance to scam victims through social media platforms, warning that such schemes are meant to defraud them a second time. In a statement, the SEC said these offers circulate via Facebook pages, online groups, and other platforms, and typically involve promises to recover …

The wholesale price index of construction materials in the National Capital Region (NCR) slipped by 0.2 percent in September, the Philippine Statistics Authority (PSA) reported Friday. The decline was slower than the -0.5 percent recorded in August, mainly due to an uptick in the heavily weighted index of concrete products, which rose by 0.2 percent from a 0.6 percent drop …

The Semiconductor and Electronics Industry Advisory Council (SEIAC), chaired by the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), has mapped out a five-year action plan to build a skilled workforce and strengthen the country’s position in the global semiconductor and electronics industry. The plan was presented during the council’s second meeting, where discussions …

The Department of Energy (DOE) said last week that while power supply remains sufficient to support the growing data center industry, it needs the sector’s long-term roadmap to properly assess its impact on the energy market. Speaking at the ABS-CBN News Channel forum “The Clean Energy Shift: Powering a Green Economy with Renewable Energy” in Quezon City, DOE Undersecretary Rowena Cristina Guevara …