THE Department of Agriculture (DA) has begun building a $6-million agribusiness incubation center in Zambales to help small farmers develop sustainable enterprises. The center broke ground Oct. 1 at the DA Research…
THE Department of Environment and Natural Resources (DENR) on Friday said it has mobilized its regional and field offices to prepare for a potentially severe El Niño through the first half of 2027. State weather bureau…
PAL offers free first rebooking for Dubai, Doha, Riyadh flights
Flag carrier Philippine Airlines (PAL) on Saturday announced it is offering free first rebooking for flights from Manila going to Dubai, Doha and Riyadh.
THE Philippines needs up to $5 million in United Nations funding to reduce emissions of “super pollutants” that accelerate global warming, the Department of Environment and Natural Resources said on Friday. Environment…
Budget chief De Leon explains how gov't plans multi-year projects
Acting Budget Secretary Kim Robert de Leon explained Saturday how the government commits to fund major projects spanning several years without releasing the entire project cost in one go.
SM Sports and Leisure invests P1-B to multi-sports facilities nationwide
SM Supermalls is reinforcing its commitment to making active lifestyles more accessible to Filipinos by investing P 1-Billion to build multi-sport facilities and active social hubs all over the country. These…
PlayTime Entertainment diversifies content, event portfolio to expand reach
PlayTime Entertainment is expanding its footprint in the Philippine media and live experiences market, adopting a multi-pronged growth strategy across music, fashion, and digital streaming content.
Converge package offers 0% commission fees for 3 months on TikTok Shop
Converge ICT Solutions, DTI, and TikTok Shop launch SellerPlus, offering new online sellers a three-month commission-free period and essential tools to boost their e-commerce ventures
Over P1/L rollback for diesel, up to P2/L hike for gasoline seen next week
Motorists should expect mixed movements in pump prices in the coming week, with diesel seen rolling back while gasoline might go up by as much as P2 per liter.
MYNT on Friday confirmed reports of an initial public offering (IPO) price of P6.60 per share, a level seen as more defensible than the earlier P10 ceiling for what could be the Philippines’ biggest listing. The parent…
WASHINGTON, D.C. — Rising energy costs, a super El Niño and soaring borrowing costs are increasing pressure on developing countries, with conditions nearing those of the pandemic when the G20 suspended debt payments for…
NTC to issue rules on importation, sale of refurbished mobile phones
The National Telecommunications Commission (NTC) conducted a public hearing on the proposed memorandum circular governing the importation, dealership, accreditation, labeling and sale of refurbished and used mobile…
BUSINESS groups and regulators on Friday mourned the passing of economist and technocrat Cesar E.A. Virata, who held the posts of prime minister and minister during the first Marcos administration and was an active…
Managed liberalization of selected public transport
LAST Sept. 19, 2026, provincial and city bus operators issued a statement regarding their inability to continue operations with the prevailing low fares and rising fuel costs. Public transport capacity has shrunk over…
ICTSI’s Croatia unit hits 4 million TEUs milestone
The Croatian unit of International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) to date, reaching a new milestone after completing its latest upgrades.
THE Philippines and Singapore have concluded negotiations to update their tax treaty, with the revised framework expected to provide clearer rules for cross-border income and support investment and economic activity…
THE Department of Economy, Planning and Development (DEPDev) said the Philippines must strengthen its innovation ecosystem after falling two notches in the 2026 Global Innovation Index (GII), an annual ranking published…
THE National Telecommunications Commission (NTC) on Friday defended its enforcement of mobile broadband standards after telecommunications operators questioned penalties imposed over their alleged service deficiencies…
THERE is one piece of advice that every entrepreneur hears: Grow your business. Which means: Open another branch. Enter a new market. Hire more people. Sell more products. Growth has become the usual measure of success…
SAN Miguel Corp. (SMC) is selling a stake in Manila Electric Co. (Meralco) shares to Metro Pacific Investments Corp. at a significant premium compared to when it acquired an interest in the power firm last year. In a…
PLDT Inc. has fully acquired Radius Telecoms Inc. (Radius) from Manila Electric Co. (Meralco) for P2.94 billion. “Further to the disclosures made on May 4, 2026, May 14, 2026, and on June 4, 2026, please be informed…
Telco-to-tech giant Globe Telecom Inc. is maximizing its partnership with Starlink by activating direct-to-device connectivity abroad, firstly in Japan as a roaming support.
SEMIRARA Mining and Power Corp. (SMPC) on Friday said that it would be laying off 996 employees due to flooding at its Acacia mine. “Management is therefore aligning manpower with reduced operating requirements through…
Indian firms eye exclusive ecozone for pharma, biotech
Indian firms have expressed interest in developing an exclusive economic zone for Indian investments in the pharmaceutical and biotechnology sectors, according to the Philippine Economic Zone Authority.
Robinsons Land bringing Fili luxury hotel brand to Metro Manila
ROBINSONS Land Corp. is bringing its homegrown Fili luxury hotel brand to Metro Manila with the planned opening in Bridgetowne next year. “Nearly five years ago, Robinsons Land took a bold step in creating Fili, the…
LONDON/NEW YORK — Global merger and acquisition (M&A) activities in the third quarter (Q3) totaled $993 billion, down 41 percent compared to the prior quarter, marking the first quarter to fall below $1 trillion since…
SOFTBANK Group said on Thursday it has completed its $30-billion investment in OpenAI as part of its commitment to the ChatGPT maker’s last fundraising round. Earlier this year, OpenAI had secured $122 billion in…
NEW YORK — Nike plans to cut an undetermined number of jobs and establish a new campus in India as it seeks to accelerate a turnaround following another downcast quarter. The sports giant unveiled the plan as it…
SMPC cuts more jobs as coal bid uncertainty hits Acacia
Semirara Mining and Power Corp. (SMPC) is laying off nearly 1,000 more employees as uncertainty over its coal contract limits investment and forces reduced operations at its Acacia mine in Antique.
WHAT began in 2017 as a pioneering initiative to champion livable urban design reached new heights at the 2026 Philippine Model Cities and Municipalities Awards bestowed by The Manila Times last Sept. 24. Centered on…
Philippines, ADB sign P48 billion loan for universal health care
The Philippines has secured a yen-denominated financing package equivalent to around P48 billion (119.745 billion yen) from Asian Development Bank (ADB) to support reforms aimed at strengthening the country’s universal…
AMAZON is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times (FT) reported on Friday, citing people familiar with the…
Robinsons Hotels and Resorts (RHR), the hospitality arm of the Gokongwei family’s Robinsons Land Corp. (RLC), has bagged the prestigious title of Philippines’ Leading Hotel Group in the 2026 World Travel Awards, with…
LAST August 2026, the Rafael B. Buenaventura Micro Finance Resource Center Foundation Inc., in partnership with Taytay sa Kauswagan Inc., hosted a three-day training-workshop, “Understanding Climate Risk: How Risk…