Business

The state-owned Development Bank of the Philippines has extended a ₱2-billion loan to PH1 World Landscapes, Inc. to finance the construction of 8,360 housing units under the government’s flagship shelter program. The financing supports the Pambansang Pabahay Para sa Pilipino Housing (4PH) program of President Ferdinand Marcos Jr., which aims to expand access to affordable housing for Filipino families. DBP …

LANDBANK is enabling the efficient and secure digital processing of the ₱10-per-liter fuel subsidy for public utility vehicles (PUVs)—specifically for public utility jeepneys (PUJs) and UV Express units—under the National Government’s ₱10-Per-Liter Fuel Subsidy Program, with real-time verification and recording of transactions at participating gasoline stations in Metro Manila. The program provides immediate relief to PUVs drivers and operators facing …

Building forward by enabling businesses, uplifting communities, and creating lasting impact across the Philippines in recognition of Earth Day. In celebration of Earth Day, Aboitiz InfraCapital (AIC) is highlighting a year of meaningful action across its business units—demonstrating how infrastructure can drive both environmental stewardship and inclusive progress. Guided by its purpose of building transformative infrastructure ecosystems, AIC continues to …

BINONDO – Faith and community took center stage on March 27, ahead of Holy Week, with the blessing and unveiling of the Felicidad T. Sy Pastoral and Youth Center at the Minor Basilica and National Shrine of Saint Lorenzo Ruiz. For over four centuries, the site has stood as a witness to devotion, with roots tracing back to 1596. While …

MANILA, PHILIPPINES — Lark, the all-in-one productivity platform trusted by leading brands across Southeast Asia, is proud to announce its partnership with Shakey’s Pizza Asia Ventures Inc. (PSE:PIZZA | SPAVI), one of the Philippines’ leading food service groups, to support the digital transformation of its restaurant operations and corporate teams. Shakey’s Pizza Asia Ventures Inc. (SPAVI) is home to one …

Axelum Resources Corp. (PSE: AXLM), the country’s leading fully integrated manufacturer and exporter of premium coconut food products, delivered a record-breaking financial performance for the full year 2025, with consolidated topline revenue surging 39% to an all-time high of ₱10.2 billion. This growth was fueled by significant gains in both international and domestic markets, with export sales rising 41% and local …

By DIEGO C. CAGAHASTIAN With the West Asia conflict still unresolved and the Iran-controlled Strait of Hormuz where our usual oil imports pass, the Philippines is constrained to look for alternative sources of oil which is the single most important commodity needed to run the economy. Russia may be a willing and helpful friend, as it has already provided some …

The fiscal gap of the Philippines widened last month (March) as spending growth outpaced revenue gains Stronger cumulative collections, however, contributed to a slimmed deficit in the first quarter of the year. In a statement on Thursday, the Bureau of the Treasury said the budget deficit in March rose 2% to P349.7 billion from a year earlier, driven by faster …

Globe Telecom Inc. has disclosed to the Philippine Stock Exchange that  it has purchased $426.42 million of securities from the total $600 million issued in 2021. “An aggregate principal amount of $173.58 million of the securities would remain outstanding,” Globe said. Globe priced the offer at $1,000 per $1,000 principal amount of securities and will also pay sellers an accrued …

PLDT Inc. will use one of the most advanced agentic artificial intelligence (AI) to expedite information exchange with enterprises. PLDT said it will partner with New York-based innovator UiPath in deploying conversational agent KAI, short for Knowledge, Automation, Intelligence. The new facility is viewed in the AI industry as one of the most advanced agentic solutions right now. KAI will …