Sun Savings Bank achieved solid growth in 2025, with assets rising 10% to P4.5 billion and net income up 17% to P102 million. The bank expanded its loan portfolio and deposits while strengthening its capital base and advancing digital transformation initi
The Department of Trade and Industry inaugurates the 2026 Bagong Pilipinas National Trade Fair at SM Megamall, featuring 335 exhibitors promoting eco-friendly, locally made products and supporting MSME growth through innovation and sustainability.
The Lapu-Lapu Gallery in Cebu reopens in March following a P1 million upgrade by the Department of Tourism, featuring enhanced displays of local heritage and art, with visitor numbers growing steadily before renovations.
Sun Savings Bank achieved robust growth in 2025, with assets rising to P4.5 billion, loans up 13%, and net income increasing by 17%. The bank strengthened its capital base and advanced digital transformation initiatives.
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Lawmakers propose lowering VAT from 12% to 10% to stimulate spending, but the DOF warns of a P339 billion revenue loss, sparking debate on economic impact.
Davao City expects 200,000 tourists for its 89th Araw ng Dabaw, with a P50 million budget and events like Parada Dabawenyo. A photo of a disciplined family wins the Hulagway sa Araw ng Dabaw award.
Executive Secretary Ralph Recto announces readiness for increased Japanese investment and bilateral trade, highlighting policy alignment and infrastructure projects like the Metro Manila Subway.
Senator Francis Escudero calls for aggressive promotion of RA 12252, extending land leases to 99 years, to attract investments amid slowing GDP growth and declining FDI inflows, aiming to create jobs and economic stability.
The International Travel Festival organizer forecasts robust foot traffic for its March 2026 event, following a 50% sales surge to P120 million in 2025, driven by Filipinos' growing appetite for travel.
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The Philippines' Peza sets a P300 billion investment goal for 2026, a 15% increase from 2024, fueled by manufacturing, ecozone development, and IT-BPM services, alongside ambitious export targets.
The Sulu provincial office of Mafar has handed over a techno-demo cattle-raising project to an association in Panamao, aiming to enhance halal cattle supply and quality through modern farming practices.
Cebu Pacific increases Clark hub capacity by 38% for H1 2026, adding flights to Coron, El Nido, Naga, and Hanoi while expanding to 17 total destinations from the gateway.
Aurora province hosted its 18th annual surfing challenge at Sabang Beach in Baler, attracting 129 local and visiting surfers. The event celebrated coastal heritage and aimed to boost tourism-based livelihoods for host communities.
More than 100 employees at a Mactan Export Processing Zone subcontractor have seen their income halved after a shift to a three-day workweek due to declining orders, with the company seeking welfare assistance.
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Clark Development Corporation and OzooDevelopment Corporation have signed a lease agreement for a 200-hectare integrated development, including a golf resort, expected to create 570 jobs and incorporate smart city technologies.
The Philippine peso returned to the P57:$1 level, boosted by record-high OFW remittances and quiet Asian FX markets. Meanwhile, the PSEi fell for a third consecutive day ahead of the Chinese New Year break, driven by profit-taking.
The three-month closed fishing season in the Visayan Sea has ended, significantly aiding the fish market and local industry. BFAR reports success in protecting sardines, herring, and mackerel during spawning, with stricter monitoring now in place.
The Social Security System's reserve fund exceeded P1 trillion in 2025, marking its strongest financial performance ever, with net income reaching P142.97 billion and total assets at P1.26 trillion.
The Department of Science and Technology (DOST) has announced its readiness to assist in discussions and assessments on nuclear energy use in the Philippines, emphasizing safety and policy clarity.
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The Maharlika Investment Corporation showcased opportunities in infrastructure, energy, digitalization, and food security at the World Economic Forum in Davos, aiming to attract capital for national development.
Pasang Masda proposes a temporary P1 increase in jeepney fares, raising the minimum to P14, citing ongoing fuel price hikes and urging government and passenger understanding.
The National Food Authority aims to reduce the minimum rice auction limit from 5,000 to 3,000 bags, enabling more cooperatives and retailers to participate and addressing financial capacity concerns.
The Department of Migrant Workers investigates reports of Filipino seafarers deployed on unregistered 'shadow fleet' vessels, warning of dangers like lack of insurance and legal protection.
President Ferdinand Marcos Jr has tasked DPWH Secretary Vince Dizon with inspecting the Kalayaan Island Group to assess potential airport and port construction, aiming to enhance tourism following the launch of new tour packages.
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President Ferdinand Marcos Jr. welcomed delegates from the Japan-Philippines Economic Cooperation Committee, highlighting expanded collaboration in trade, investment, infrastructure, and renewable energy to drive regional growth.
Landbank successfully lists ₱50 billion Asenso Bonds on PDEx, enabling secondary-market trading and funding sustainable projects. The offering saw record retail participation via mobile app.
Davao Light announces a significant reduction in residential electricity rates for February 2026, with prices falling to P10.30/kWh from P11.72/kWh due to lower wholesale market costs.
A construction worker in Consolacion, Cebu, was killed after a drunken argument over a joke about a dog escalated into a stabbing. The suspect is in custody facing homicide charges.
Vendors at Cebu's historic Carbon Public Market are urging city officials to prioritize local traders' welfare over private interests in the controversial P8-billion redevelopment project, fearing displacement and unaffordable costs.
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The National Historical Commission requires Cebu's position on the BRT station near the Capitol, a heritage site. World Bank scales back support, citing delays, forcing local leaders to seek new financing.
