Economy

MANILA, PHILIPPINES, November 27, 2025 — Megaworld Hotels & Resorts, the hospitality arm of property giant Megaworld and the largest owner and operator of homegrown hotel brands, has forged another landmark deal with world-leading hospitality group Ac...

Globe delivered ₱121.7 billion in consolidated gross service revenues for the first nine months of 2025, slightly lower than the ₱124.0 billion reported in the same period last year.

Following the official launch of Google Pay in the Philippines, GCash, the country’s biggest cashless ecosystem, can now be fully integrated with Google’s secure and widely accepted payment system.

As the country continues to compete as a hub for innovation, young Filipinos across the country are gearing towards science, technology, engineering, and mathematics (STEM) education. In Mindanao, PLDT’s wireless unit Smart Communications, Inc. (Smart) an...

MANILA, Philippines – MREIT, Inc., the real estate investment trust of property giant Megaworld, recorded a 29% year-on-year increase in distributable income to P935 million in the third quarter of 2025, driven by the contribution of six newly acquired of...

Globe has successfully demonstrated how 5G millimeter wave (mmWave) technology can deliver fiber-like internet performance, without the need for physical cables, using Nokia’s Fixed Wireless Access (FWA) solution combined with Wi-Fi 7.

WESM rates, environmental charges, transmission rates becoming a burden to consumers

Damosa Land, Inc. (DLI) achieved a major milestone with its TRYP by Wyndham Samal project, becoming the first Philippine company to secure Securities and Exchange Commission (SEC) approval for a rental pool program under the newly launched Securing and Ex...

As the capital of Davao del Norte and one of the fastest-growing cities in Mindanao, Tagum continues to establish itself as a strategic real estate hub. With an emerging economy, robust infrastructure investments, and a reputation as a cultural hub, the c...

Grab marked the first year of GrabTrike in Zamboanga by expanding its flagship public-private initiative “Grab Asenso: A Digital Diskarte Program” in the city, underscoring the role of digital tools and upskilling in modernizing one of the city’s traditio...

Davao Light and Power Co., Inc. (Davao Light)'s overall residential electricity rate increased by P1.5625 per kilowatt-hour (kWh) this September 2025, bringing the rate up to P10.6407/kWh from P9.0782/kWh in the previous month. Households using essential...

PLDT has inaugurated its Davao Cable Landing Station in March this year, strengthening the country’s international connectivity and supporting global cable systems.

MANILA, Philippines — Property giant Megaworld, through its hospitality arm Megaworld Hotels & Resorts, is increasing its hotel room key count in the next five years, targeting 9,000 hotel room keys as it expands its hotel properties across its vario...

Island Garden City of Samal (IGACOS) Mayor Lemuel Reyes is optimistic that more investors will come once Davao Light and Power Company Inc. (DLPC) officially takes over its expanded franchise area, which now includes their city.

Globe is reinforcing its commitment to digital inclusion by expanding access to its fiber broadband services, strategically utilizing previously built network capacity.

The Sangguniang Panlungsod's Committee on Government Enterprises and Privatization is now in the process of conducting inventory of vacant and unused city properties to see if these are viable for economic use.