Mati Airport Expansion Reaches 44.35% Completion
The Mati Airport expansion project in Davao Oriental has achieved 44.35% physical completion, with P700 million funding secured to enhance regional connectivity and economic growth by 2027.
Category : Business
ASEAN Tourism Leaders Meet in Cebu to Boost Regional Travel
Philippines tourism official Verna Buensuceso opened the 63rd ASEAN NTO Meeting in Cebu, where leaders launched a plan to position Southeast Asia as one integrated destination, welcoming Timor-Leste as the 11th member.
SHDA 2026 Officers Inducted to Boost Housing Delivery
The Subdivision and Housing Developers Association inducts its 2026 officers, focusing on implementing the 4PH program and new price ceilings to address the Philippines' housing backlog.
Cebu Experts: Leaders Who Don't Listen Risk Losing Talent
At the Cebu Economic Outlook Briefing 2026, experts revealed that companies face their greatest risk from leaders who refuse to listen to employees, especially with four generations now working together. High salaries alone cannot retain young workers who
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Electronics Exports Boost Philippine Q4 2025 Growth to 5.3%
Moody's Analytics reports Philippine Q4 2025 GDP growth at 5.3%, driven by electronics exports, with full-year 2025 at 5.1% below government targets.
Gold Futures Break $5,000 Barrier for First Time
COMEX February gold futures surged past $5,000 per ounce in historic trading, driven by US dollar weakness, geopolitical risks, and shifting investment flows.
Philippine Business Leaders Prepare for 2026 Challenges
A recent webinar with nearly 100 business owners and CEOs reveals leaders are no longer questioning if change is coming but focusing on practical strategies for 2026. Key insights include the importance of focus, efficiency, supplier partnerships, cash fl
ML Perya Adds Fiesta Fun to Sinulog 2026
M Lhuillier's ML Perya pop-up carnival transformed Sinulog 2026 with traditional Filipino perya elements, offering games, creative activities, and service education in a festive atmosphere.
DPWH Probes Pampanga Dike Collapse, Cites Design Issues
The DPWH initiates a technical assessment after a P300 million flood control dike in Arayat, Pampanga collapsed. Secretary Vince Dizon cites fundamental design flaws and contractor failures, with findings to be submitted for possible prosecution.
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Visayas Grid Under Pressure: Yellow Alerts Expected in 2026
The Visayas region, including Negros Island, is projected to experience frequent yellow alert conditions in 2026 due to rising electricity demand outpacing supply, warns consumer group Access.
BDO Raises P100B in Sustainability Bonds, 20x Oversubscribed
BDO Unibank successfully raised P100 billion for its fifth Peso-denominated Asean Sustainability Bonds, oversubscribed 20 times. The funds will support sustainable lending and diversify funding sources.
DPWH Warns Contractors on Substandard, Stalled Projects
DPWH Secretary Vince Dizon warns contractors against substandard work and piecemeal-funded projects during Pampanga inspection, vowing completion of delayed infrastructure within the year.
NUSTAR Cebu Hosts ASEAN Tourism Events Jan 2026
NUSTAR Resort Cebu will host the ASEAN Tourism Forum closing ceremony and ASEAN Tourism Standard Awards in January 2026, showcasing Cebu as a premier MICE destination with its world-class facilities and award-winning accommodations.
Oil Prices to Rise Again on Tuesday, Third Week in a Row
Gasoline, diesel, and kerosene prices will increase by up to PHP1.40 per liter on Tuesday due to supply constraints and geopolitical issues, continuing a trend of weekly hikes since the start of the year.
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Senator Calls for Reforms to Strengthen Agricultural Cooperatives
Senator Francis Pangilinan advocates for structural reforms to bolster farmers' and fishers' organizations, emphasizing the need for effective extension services and grassroots cooperatives to modernize Philippine agriculture.
Diesel Price Hike P1.40/Liter, Gasoline Up P.40/Liter
Pilipinas Shell, Seaoil, Cleanfuel, and Caltex announce a significant fuel price increase effective January 27, 2026, with diesel rising by P1.40 per liter, gasoline by P.40 per liter, and kerosene by P.80 per liter.
PDIC E-Bidding for Commercial, Agricultural Properties in Visayas, Mindanao
The Philippine Deposit Insurance Corporation (PDIC) will sell prime commercial condominium units and agricultural lots via electronic public bidding from February 25-26, 2026, with properties in Davao City and across Visayas and Mindanao.
Davao Tourism Booms: 11% Growth, 2.9M Visitors in 2025
DOT-Davao reports strong tourism recovery in 2025 with 2.9 million overnight travelers, 11% growth from 2024, driven by air connectivity, promotions, and workforce training.
DBP Donates Cancer Treatment Machine to NKTI
State-owned Development Bank of the Philippines donates Linear Accelerator machine to National Kidney and Transplant Institute to resume radiation therapy services for cancer patients.
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Aboitiz Airports Handle 16.17M Passengers in 2025
Mactan-Cebu International Airport, Laguindingan, and Bohol-Panglao airports under Aboitiz InfraCapital served 16.17 million passengers in 2025, marking significant growth in Visayas and Northern Mindanao air travel demand.
Rebucas Family: From 4Ps to Self-Sufficiency in Bohol
The Rebucas family in Maribojoc, Bohol, transformed their lives through the 4Ps program, starting a piggery and other businesses to achieve financial independence.
Aboitiz Airports Handle 16.17M Passengers in 2025
Aboitiz InfraCapital's airports group achieved a record 16.17 million passengers in 2025, driven by nearly 3% growth at Mactan-Cebu International Airport. The performance highlights rising air travel demand in Visayas and Northern Mindanao.
Nordeco Warns Against Switching to Davao Light
Nordeco cautions consumers not to transfer electricity service to Davao Light, citing provisional authority and ongoing Supreme Court review of franchise expansion.
Economist: Philippines Cash Surplus Not Fueling Growth
An economist reveals the Philippines is awash in liquidity from remittances, BPO revenues, and tourism, but weak public investment is hindering economic growth potential.
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Red Flags in Business: Early Warning Signs to Watch
Learn how to identify critical red flags in your business before they escalate. This guide covers financial inconsistencies, accountability issues, team disengagement, and leadership drift.
CDC Wins Filipino Service Excellence Award from Tourism Department
Clark Development Corporation receives the FBSE Government Partner Award for elevating service standards in Clark Freeport, recognized for integrating Filipino hospitality values.
DPWH Pledges ₱75M for Arayat Bridge Completion
The Department of Public Works and Highways has allocated ₱75 million to finish the San Agustin Norte Bridge in Arayat, Pampanga, ending an eight-year funding delay. Officials inspected the site and flood control structures to ensure timely project comple
Two Workers Killed in Mandaue City Construction Accident
Two construction workers died and one was injured after 20 sacks of cement fell on them at a condominium site in Mandaue City, Cebu, on January 24, 2026. Police are investigating the incident.
P5.2M Smuggled Cigarettes Seized in Mandaue City
Over 2,000 reams of illegal cigarettes worth P5.2 million were confiscated in a joint operation in Mandaue City, leading to the arrest of a suspect for violating customs laws.
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Man Arrested in P5.2M Smuggled Cigarettes Raid
A 52-year-old man faces charges after authorities seized over 2,000 reams of smuggled cigarettes worth P5.2 million in a Mandaue City operation.
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