The Cebu provincial government formally entered into a memorandum of understanding (MOU) with MTD Philippines Inc. on May 19 for the proposed development of the Balili property in southern Cebu. Read more »
Tuguegarao Airport is set for major upgrades, with rehabilitation targeted for completion by December. The project will boost capacity, improve passenger experience, and strengthen connectivity in Northern Luzon to support tourism and economic growth. Read more »
Pioneer Insurance Group reports growing demand for low-cost, sachet-style microinsurance in the Philippines as more Filipinos seek affordable protection against disasters and financial risks. Read more »
Global Ferronickel Holdings Inc. reported a sharp rise in earnings, driven by higher nickel ore prices and increased shipment volumes from its mining operations in the Philippines. Read more »
The Bangko Sentral ng Pilipinas is considering a possible off-cycle interest rate hike as inflation risks worsen due to rising oil prices, peso weakness, and global supply pressures. Read more »
Alliance Global Group Inc. reported a 6-percent increase in first-quarter net income to P7.8 billion, driven by growth in its property, liquor, tourism, and restaurant businesses. Read more »
