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Philippines and Iran reaffirm commitment to safe maritime passage and stronger bilateral cooperation

The Department of Foreign Affairs today announced that Foreign Affairs Secretary Ma. Theresa P. Lazaro held a highly productive and constructive telephone conversation with...

Philippines, Iran advance talks on maritime safety and energy security

The Philippine government has expressed optimism following a high-level meeting with Yousef Esmaeilzadeh, who signaled Iran’s readiness to support the country’s key maritime and...

BOC beats target, collects PHP84.4 B in March

The Bureau of Customs (BOC) exceeded its March 2026 collection target, generating PHP84.426 billion in revenues, delivering on President Ferdinand R. Marcos Jr.’s directive to...

DOE fast-tracks net metering under EO 110 to lower power bills amid global market volatility

The Department of Energy (DOE) has ordered distribution utilities (DUs), electric cooperatives (ECs), and local government units (LGUs) nationwide to fast-track all net metering...

Cebu Port implements discounts, suspends port charges, passenger terminal fees

The Cebu Port Commission, during its meeting on 26 March 2026, has approved Cebu Port Authority (CPA) Memorandum Circular No. 4 series of 2026...

MARINA raises shipping firms’ maximum allowable fare, freight hike to 30% 

The Maritime Industry Authority (MARINA) has issued a supplemental contingency advisory for shipping line operators, raising the maximum allowable increase on passenger fares and...

Intellectual property filings break new record in 2025 – IPOPHL 

Total intellectual property (IP) filings in the country reached a record high in 2025 on higher patent, utility model and industrial design filings, the...

Business groups urge gov’t to source oil from Russia, Indonesia, India

The country’s largest business organizations have urged the government to diversify its oil sourcing by engaging non-traditional partners such as Russia, Indonesia, and India,...

MOL and Hitachi sign MOU to convert used ships into floating data centers

Mitsui O.S.K. Lines, Ltd. (MOL) and  Hitachi, Ltd. today announced the signing of a Memorandum Of Understanding (MOU) for the development, operation, and commercialization...

APECO in talks with Cerberus subsidiary for full development of Casiguran airport; targets international flights by mid-2028

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is in talks with a subsidiary of Cerberus, a leading American alternative investment firm based...

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