Business

The U.S. Trade and Development Agency (USTDA) announced  that it is supporting the development of a new international airport in the Philippines. USTDA commits to funding the feasibility study on the proposed Sangley Point International Airport, which would ease congestion at the existing Manila airport. The said airport will serve as a key international aviation gateway for the Philippines as …

MEGAWORLD, through its tourism and leisure arm Global-Estate Resorts Inc. (GERI), said that the projects reflect sustained demand for homes, lots, and commercial spaces in growth areas beyond the capital, as more buyers look for lifestyle communities with open space, nature, and investment upside. Megaworld owner Kevin Tan is leaning harder into the provincial property boom, with P11 billion worth …

THE PHILIPPINE Economic Zone Authority (PEZA) expects the proclamation of six new economic zones (ecozones) within the second quarter in key areas like Batangas, Cavite, and Palawan. “A total of six ecozones are for proclamation this quarter,” PEZA Director-General Teresito Panga said. Two ecozones were already endorsed by the Office of the Deputy Executive Secretary for General Administration (ODESGA) and …

SM Prime Holdings Inc. is revamping Susana Heights Village in Muntinlupa City as demand for premium, low-density residential communities remains resilient despite broader economic headwinds. The Sy family-led firm disclosed last week that its premium residential brand, Signature Series by SM Residences, had started the transformation of the established suburban estate. This is intended to improve shared spaces and boost …

AYALA Land, Inc.. has opened Ayala Malls Arca South in Taguig as part of its strategy to expand recurring income streams through its leasing and hospitality businesses. In a statement, Ayala Land said the mall has a gross floor area of 100,000 square meters (sq.m.) and a gross leasable area of 61,000 sq.m. The development is located within Arca South, …

The Asian Development Bank (ADB) has entered into a Risk Participation Agreement (RPA) with the Philippines’ Security Bank Corporation to expand access to supply chain financing for small and medium enterprises (SMEs) in the country. The agreement marks the first RPA between ADB and a Philippine bank and is expected to strengthen liquidity support for local suppliers through the bank’s …

The Bangko Sentral ng Pilipinas (BSP) said last week it will release this year a National Strategy for Financial Education (NSFE) aimed at strengthening the financial literacy and resilience of Filipinos. In a statement, the central bank said the strategy is currently being refined through nationwide consultations with stakeholders from government, the private sector, civil society, and development institutions. The …

The Philippine National Bank (PNB) has expressed support for the Bangko Sentral ng Pilipinas’ issuance of the ₱10 ASEAN commemorative coin, which began circulating nationwide in January 2026 to mark the Philippines’ chairmanship of the Association of Southeast Asian Nations. The initiative, issued under Memorandum Circular Letter No. CL-2025-049 from the BSP Regional Operations and Advocacy Sector, calls on banks …

The Development Bank of the Philippines (DBP) has relocated its branch-lite unit (BLU) in Naga City, Cebu to a more strategic site to improve access and convenience for its clients. DBP President and Chief Executive Officer Michael O. de Jesus said the transfer of the DBP Naga branch-lite unit to the Naga City Hall Building in Purok Diamond, Barangay East …

By Jesse C. Ong Ang pagbuo ng maliit na negosyo sa Pilipinas ay hindi biro. Maraming sumubok, marami rin ang nadapa—pero marami ring nagtagumpay. Kaya naman, kinapanayam natin ang ilang successful small business owners at inipon ang kanilang practical na payo para sa mga aspiring entrepreneurs. 1. Dapat may puso at kapit-tuko ka. Ayon sa mga negosyanteng matagumpay na ngayon, …