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The growing number of international routes signals rising demand from travelers and businesses, and underscores how infrastructure reforms are enabling NAIA to catch up to regional peers.
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Ayala Land Inc., the real estate arm of Ayala Corp, said it has acquired the landmark New World Hotel Makati, bolstering its hospitality footprint in the Philippines’ premier financial and commercial district.
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Once the country’s most influential broadsheet, the physical newspaper will, henceforth, be produced by Inquirer.net, its digital sister company, signaling a long-overdue strategic pivot.
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The National Grid Corporation of the Philippines has asserted that its transmission charges represent just 2.98 percent of a typical consumer’s electricity bill, amid ongoing scrutiny of power costs and regulatory oversight.
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Hotel101 Global, part of DoubleDragon Corp., is officially listing on the Nasdaq today under the ticker HBNB, becoming the first Filipino-owned company to trade on the US exchange.
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The collaboration marks a strategic shift for Megaworld, the country’s largest operator of Filipino hotel brands, as it moves to compete more aggressively in a post-pandemic tourism market that increasingly values both global brand recognition and localized service delivery.
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The acquisition represents Pertamina Group’s first investment in the Philippines, conducted through its subsidiary, Pertamina New & Renewable Energy. It also constitutes the first overseas investment approved by Danantara, Indonesia’s sovereign wealth fund established to promote strategic global expansion.
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The company said the move signals strong institutional demand, with Maynilad opting to accommodate high-value participants rather than rush the listing. But the postponement also comes amid an anemic equities market that is expected to take a further hit due to the growing conflict in the Middle East.
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The high-profile defections are tied to Megaworld’s aggressive push into the high-end residential market, marking a bold pivot for a company best known for its mid-market townships.
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