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2026 budget process begins amid 2025 spending furor

The Marcos administration on Tuesday, August 12, formally opened the 2026 budget season with the presentation of its proposed ₱6.793-trillion National Expenditure Program (NEP)...

₱416-M infra projects break ground in Aurora Freeport

The Aurora Pacific Economic Zone and Freeport Zone Authority (APECO) has begun construction and rehabilitation of six major infrastructure projects worth ₱415.73 million in...

Meralco hikes capex to fast-track projects, fortify grid

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has energized nine major capital expenditure (CAPEX) projects in the second quarter of 2025, reinforcing its commitment...

12 Filipino designers take piña, other local threads to Milan Fashion Week

In the luminous world of fashion, September in Milan is the ultimate stage. And this year, twelve Filipino designers will step into the spotlight....

SMC H1 core profit up 9% to ₱36.7B on broad-based gains

San Miguel Corporation (SMC) posted strong first-half results, with broad-based gains particularly across its food, beverage, infrastructure and power businesses, highlighting the conglomerate’s strategic...

Nibertex secures $7M funding for sustainable textile manufacturing

Nibertex, a deep-tech company specializing in PFAS-free waterproof and breathable textiles, has successfully closed a $7 million Series A funding round, a news release...

PBBM reports $446-M investments in 18 business agreements from India visit

President Ferdinand R. Marcos Jr. on Friday reported the successful outcome of his August 4 to 8 State Visit to India, describing a new...

Japan remains PH’s top foreign aid source at $13.23-B in 2024

Japan continues to be the Philippines' largest source of Official Development Assistance (ODA) in 2024, contributing $13.23 billion, or approximately one-third of the country’s...

Singapore at 60 pushes for clean energy & biodiversity in Southeast Asia

Singapore marked its 60th National Day on August 6 with a resounding message of partnership, sustainability, and regional cooperation, particularly with the Philippines and...

UK eyes opportunities for smart industrial and manufacturing sectors in PH

By THEPHILBIZNEWS STAFF The British Chamber of Commerce Philippines (BCCP) has expressed strong support for the Philippines’ ambition to become a regional hub for smart...

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