Companies

SSS announces pension hike in 2026

THE Social Security System (SSS) announced last Saturday that it has set various programs up for implementation in 2026 primarily aimed at benefiting its millions of members nationwide. By September next year, the System will carry out the second to the last tranche of the Pension Reform Program for another round of pension increase. This was announced by SSS President …

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Manila Water complies with gov’t wastewater rules

Manila Water said on Friday it continues to meet government wastewater standards across all its sewage treatment plants, posting 100-percent compliance in November 2025 and consistently surpassing the 95-percent regulatory target. This achievement underscores its commitment to safeguarding rivers and communities through responsible wastewater management, the company said in a statement. The standards cover key indicators such as biochemical oxygen …

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Tecon Suape cited for environmental stewardship

Tecon Suape S.A. (TSSA), International Container Terminal Services, Inc.’s (ICTSI) business unit in Pernambuco, Brazil, is once again recognized as one of the country’s leading environmentally responsible port facilities after receiving the 2025 Ocean Friend seal. The award underscores the company’s commitment to sustainability and ocean protection. The award was presented at Suape Conecta, an event organized by the Suape Port Industrial …

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Manila Water releases January 2026 desludging schedule to help customers start the year clean and healthy

Manila Water is encouraging customers across the East Zone to start 2026 with a clean and healthy home environment as the company releases its desludging schedule for January 2026. The company continues to remind customers that regular septic tank cleaning is essential in safeguarding both household hygiene and community sanitation, especially at the beginning of the year when many families …

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ICTSI Manila flagship terminal achieves 3M TEUs

The Manila International Container Terminal (MICT), the flagship facility of International Container Terminal Services Inc. (ICTSI) and the Philippines’ leading international trade gateway, handled a record three million twenty-foot equivalent units (TEUs) in 2025—the first time the terminal has reached that level in a single year. The record container was handled on December 22, when the terminal serviced the container …

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SEC tightens rules on beneficial ownership disclosures

The Securities and Exchange Commission (SEC) has issued a revised regulatory framework shoring up its regulatory function and improving the accuracy, timeliness and truth about beneficial ownership (BO) disclosures of firms. In a statement released Tursday, the SEC said it issued Memorandum Circular No. 15, Series of 2025 on Dec. 22 that paves the way for the issuance of revised …

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GOCC subsidies drop 39% in November

Vital public services are expected to be negatively affected with the government’s policy or propensity to scale down its subsidies to government-owned and -controlled corporations (GOCCs). Data from the Bureau of Treasury showed that these subsidies fell 38.91% year on year in November. Budgetary support to state-run firms totaled P7.47 billion in November. Month on month, GOCC subsidies fell 16.23%. In …

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99-year land leases to foreigners begin 

Starting on Sunday, January 4, 2026, foreign businessmen and corporations may henceforth lease land in the Philippines for 99 years, almost negating the stringent land ownership limits enshrined in the 1987 Constitution. Last Thursday, the Department of Trade and Industry (DTI) and the Board of Investments (BOI) jointly announced the signing of the implementing rules and regulations (IRR) for Republic …

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PAGCOR chief leads opening of new PMAAAI facility

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and Chief Executive Officer Alejandro H. Tengco led the blessing and inauguration of the Philippine Military Academy Alumni Association Inc. (PMAAAI) Center for Leadership and Excellence at Fort Bonifacio in Taguig last December 16. The completion of the mid-rise, multi-purpose facility, worth P600 million, marked a key milestone for the country’s premier military …

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SMC affirms Boskalis engagement in Bulacan airport project

San Miguel Corp. (SMC) said land development works for the New Manila International Airport (NMIA) project in Bulacan continue to advance in line with international best practices, noting the continued engagement of Boskalis Westminster, one of the world’s leading dredging and marine infrastructure companies. “Boskalis continues to support the NMIA development and remains engaged with SMC in our technical and …

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