The first electric jeepney (e-jeepney) assembled in the Philippines has rolled off the production line following the inauguration of a new manufacturing plant by the LCS Group of Companies and its South Korean partner, Electric Mobility ON (Emon), a firm led by Korean automotive experts. The factory, located in the Lima Technology Center Special Economic […]

The Subdivision and Housing Developers Association (SHDA) is celebrating its 55th anniversary with a renewed call for systemic housing reform, as the Philippines confronts a growing backlog of more than 6.5 million units. The milestone event, set for May 20, 2025, at Marquis Events Place in Bonifacio Global City, Taguig, underscores the association’s continued relevance […]

After three successful editions, the Changsha International Construction Equipment Exhibition (CICEE) has evolved into a premier global industry event. It integrates international forums, global competitions, cutting-edge technology exchanges, and showcases the latest achievements of enterprises worldwide. The 2025 CICEE will be held from May 15 to 18, 2025, at the Changsha International Convention and Exhibition […]

As digital connectivity reshapes the way we live and work, businesses must adapt to meet the growing demand for speed, efficiency, and real-time access. LBC Express, a stalwart in the Philippines’ logistics and remittance sector, has not only kept pace with this shift but has emerged as a leader, offering innovative services that cater to […]

CIMB Bank is under fire after multiple users reported unauthorized fund transfers, with some losing as high as P400,000. Victims say they followed cybersecurity best practices and did not share login details or click suspicious links. Social media is now flooded with screenshots of similar incidents, all involving sudden, unexplained transfers to unknown CIMB accounts. […]

Office rents in Metro Manila continued to weaken in the first quarter of 2025 as vacancies persisted, despite a surge in leasing activity. With no new Grade A office space delivered during the period and further construction delays pushing expected completions to the second quarter, building owners find themselves with more time to fill their […]

International Entertainment Corporation (IEC) is doubling down on the Philippines, earmarking up to $1.2 billion to transform its Manila hotel-casino complex and ride the country’s booming gaming market. The Hong Kong-listed firm secured a provisional license from the Philippine Amusement and Gaming Corporation (PAGCOR) as it works toward a full gaming permit, with plans to […]

PLDT’s data center subsidiary Vitro Inc. opened the Philippines’ first hyperscale facility purpose-built for artificial intelligence (AI) workloads on Wednesday, a move the company says signals the country’s ambition to become a digital hub in Southeast Asia. Vitro Sta. Rosa (VSR), a 50-megawatt facility located in Laguna province’s growing tech corridor, aims to attract global […]

Philippine shares ended lower in a holiday-shortened trading week, as investors trimmed positions and booked profits ahead of the Holy Week break. The Philippine Stock Exchange index (PSEi) retreated 0.83% on Wednesday to close at 6,134.62, snapping a cautious week marked by thin volumes and defensive trades. The broader All Shares Index, however, managed a […]

Aboitiz InfraCapital (AIC) is laying the groundwork for the handover of facilities at Laguindingan International Airport in northern Mindanao, ahead of its official takeover later this month under a 30-year concession deal. The infrastructure unit of the Aboitiz Group will assume full operations of the country’s sixth-busiest airport in April, marking the first airport public-private […]