Ports billionaire Enrique Razon Jr. became the Philippines’ richest person this year for the first time since debuting on the list in 2007, as his port empire expands with new projects both …
Record Sales At Hypermarket Chain Puregold Price Club Lands Cofounders Lucio And Susan Co Among The Philippines’ Top Five Richest
Lucio and Susan Co, the billionaire cofounders of hypermarket and supermarket chain Puregold Price Club, enter the top five ranks of the country’s richest for the first time.
Barring Covid-19, Philippines sees worst economic growth in 17 years amid Middle East war
The Philippines is facing its slowest economic growth in nearly two decades, amid the Middle East war and suspension of vital government spending due to corruption and political scandals rocking the …
Philippines’ debt burden balloons to pre-Asian Financial Crisis levels at 66% in H1 2026
The Philippines concluded the first half of 2026 with a debt burden ballooning to a level last seen before the 1997 Asian Financial Crisis amid a record-high sovereign debt coupled with weaker …
Lufthansa Technik Breaks Ground For Second Facility in Philippines
Lufthansa Technik Philippines broke ground Aug. 6 for its second widebody aircraft MRO location in the country to accommodate growing demand for heavy checks in the region and beyond. The new …
Watsons, Diabetes Philippines collaborate for diabetes care, awareness
Diabetes is a global health concern, with about 830 million people worldwide live with the disease, oftentimes called a “silent killer.” According to data from the World Health Organization, an …
China and the Philippines clash near disputed South China Sea shoal
China and the Philippines traded accusations after an encounter between their vessels in contested South China Sea waters. Manila said one of its navy personnel was struck on the head with a wooden …
Swiss firms upbeat on PH business prospects
MANILA, Philippines — Switzerland, one of the Philippines’ largest foreign investors, remains confident about expanding in the country despite concerns over education and public infrastructure. In an …
FWD strengthens financial inclusion and protection in Philippines
FWD leaders met with Philippine Finance Secretary Frederick D. Go to discuss expanding financial inclusion, digital innovation and insurance access.
Abalos meets business leaders, pushes greater ease of doing business
MANILA, Philippines — Cabinet Secretary Benhur Abalos Jr. has assured the local business community of strengthening the implementation of the Ease of Doing Business law in line with the Marcos’ …