German shipping giant Hapag-Lloyd has suspended new cargo bookings to Manila, Batangas, and Subic Bay until December 31, 2026, citing persistent port congestion and limited capacity for storing and returning empty containers. Read more »
Long before telescopes could explain an eclipse, people across the Philippines believed a terrifying creature was devouring the moon. In the Visayas, that creature was known as the bakunawa, a giant serpent said to rise from the depths and swallow the glowing orb whole. Read more »
Prime Infrastructure Capital Inc., the infrastructure company led by billionaire Enrique Razon Jr., expects to double its revenue and earnings over the short to medium term, driven by acquisitions, existing businesses, and new power projects. Read more »
Donatela Resort & Sanctuary, an upscale property in Panglao, Bohol, owned by Davao businessman Dennis Uy’s PH Resorts Group Holdings Inc., permanently ceased operations on September 30, 2026. Read more »
Security Bank Corp. has expanded its financial crime screening coverage tenfold through an artificial intelligence (AI) system designed to identify potential matches against sanctions lists and other watchlists. Read more »
Semirara Mining and Power Corp. (SMPC), the Consunji-led company that has operated the Semirara coal mine in Antique for decades, says the DOE's revised bidding rules effectively prevent it from competing for the mine’s next operating contract. Read more »
