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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Manila Water assures reliable water service during the holidays
Manila Water is assuring its more than 7.8 million customers across the East Zone of Metro Manila and Rizal that they will continue to enjoy uninterrupted water service throughout the Christmas and New Year holidays. The company strengthened its operational readiness to support the expected increase in household consumption as families prepare for gatherings, celebrations and out-of-town travel this festive …
Read More »Takeda Healthcare PHL recognized for Corporate Excellence & Sustainability
For the second consecutive year, Takeda Healthcare Philippines, Inc. (THPI) was honored at the Asia Corporate Excellence and Sustainability (ACES) Awards, earning recognition in the Inspiring Workplaces in Asia category. The recognition reflects Takeda’s commitment to fostering a people-centered culture that empowers employees to deliver better health for patients in the Philippines. THPI Country Manager Loreann Villanueva said: “Our commitment …
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