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Louella Desiderio
Louella Desiderio
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Aboitiz Group expandingLIMA Estate by 500 hectares
by Louella Desiderio - August 28, 2026 - 12:00am
The Aboitiz Group’s industrial and commercial real estate arm is expanding the LIMA Estate in Batangas by adding 500 hectares to cater to growing demand.
IBPAP names first female president
by Louella Desiderio - August 28, 2026 - 12:00am
The Information Technology and Business Process Association of the Philippines  has named Celeste Ilagan as its new president and CEO, the first woman to lead the industry association.
PSA: 12.8% of Pinoys felt multiple forms of poverty
by Louella Desiderio - August 28, 2026 - 12:00am
n estimated 12.8 percent of Filipinos were classified as multidimensionally poor in 2024, according to the Philippine Statistics Authority (PSA).
Mondelez nixes sugar-sweetened beverage tax hike
by Louella Desiderio - August 27, 2026 - 12:00am
Snack company Mondelez Philippines Inc. has expressed concern over the government’s proposal to raise the tax imposed on sweetened beverages, citing its impact on consumers.
Toyota Philippines leads Batangas port revenue collection
by Louella Desiderio - August 26, 2026 - 12:00am
The country’s leading automotive firm Toyota Motor Philippines Corp. was recognized as the top revenue contributor to the Bureau of Customs - Port of Batangas as it remitted P23.66 billion in customs...
PEZA-approved investments more than double in 8 months
by Louella Desiderio - August 26, 2026 - 12:00am
Investments cleared by the Philippine Economic Zone Authority more than doubled from January to August, reflecting strong investor confidence in the country.
July vehicle sales dip; xEVs buck trend
by Louella Desiderio - August 26, 2026 - 12:00am
Vehicle sales declined in July from a year ago, but electrified vehicles continued to defy the overall trend with sales jumping by 162 percent year-on-year.
Australian health care provider eyes BPO operations in Philippines
by Louella Desiderio - August 23, 2026 - 12:00am
Australian health care provider Kairos Care or Kairos Medical Group is looking to set up information technology-business process outsourcing operations in the Philippines.
Mitsubishi unveils new Outlander PHEV
by Louella Desiderio - August 22, 2026 - 12:00am
Mitsubishi Motors Philippines Corp. is anticipating strong demand for sports utility vehicles to drive the shift to electrified vehicles as it launched its first plug-in hybrid electric vehicle in...
6.5 million Filipinos lifted out of poverty – PSA
by Louella Desiderio - August 22, 2026 - 12:00am
An estimated 6.5 million Filipinos were lifted out of poverty between 2023 and 2025 as the poverty incidence fell to its lowest rate last year.
Epson expands operations to include industrial robots
by Louella Desiderio - August 21, 2026 - 12:00am
Epson Precision Philippines Inc.  is investing over P40 million to expand its operations in Batangas to include the manufacture of industrial robots, according to the Philippine Economic Zone Authority.
MAP: Business outlook muted for Q4
by Louella Desiderio - August 21, 2026 - 12:00am
Businesses have a muted outlook for the rest of the year but remain hopeful that conditions will improve next year, according to the Management Association of the Philippines.
Singapore firm eyes development of industrial park in Clark
by Louella Desiderio - August 21, 2026 - 12:00am
Singapore-based sustainable energy and urban solutions provider Sembcorp Industries Ltd. is exploring the development of an industrial park in New Clark City in Tarlac.
Foreign chambers push for tax certainty in Philippines
by Louella Desiderio - August 21, 2026 - 12:00am
Foreign business groups are pushing for tax certainty to enhance the country’s investment environment and competitiveness.
Building permits decline in June
by Louella Desiderio - August 20, 2026 - 12:00am
The number of construction projects based on approved building permits dipped in June from a year ago as developers slowed down residential projects amid high vacancies.
‘Slow growth, high inflation pose challenge to poverty reduction’
by Louella Desiderio - August 19, 2026 - 12:00am
Despite last year’s progress, weak growth and high inflation are complicating further poverty reduction efforts, making it harder to achieve the eight to nine percent poverty rate goal by 2028, according to...
More BYD models coming as EV demand heightens
by Louella Desiderio - August 18, 2026 - 12:00am
New energy vehicle maker BYD is looking to strengthen its presence in the Philippines by expanding its offerings amid rising demand for electrified vehicles.
Prices of building materials climb at fastest pace in over 3 years
by Louella Desiderio - August 17, 2026 - 12:00am
Growth in retail prices of building materials in Metro Manila in July hit its highest level in over three years, driven by the faster increase in prices of painting materials, according to the Philippine Statistics...
New European partner set to join LEC in September
by Louella Desiderio - August 15, 2026 - 12:00am
The Luzon Economic Corridor (LEC) initiative is set to welcome a new European partner next month, according to Finance Secretary Frederick Go.
President Marcos defends Pax Silica amid concerns
by Louella Desiderio - August 15, 2026 - 12:00am
Filipinos stand to benefit from the proposed Pax Silica project in Capas, Tarlac, President Marcos maintained yesterday amid concerns that the hub could exploit the country’s natural resources and displace...
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