High-tech dreams, low-tech reality of the Luzon Economic Corridor

Rappler - Sep 16, 2026

Despite all the high-tech rhetoric, only 0.1% of the Luzon Corridor’s projects is in advanced manufacturing and 1% in digital connectivity

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MANILA, Philippines — The success of GCash parent Mynt Inc.’s blockbuster initial public offering (IPO) should not be judged by whether it fetches the maximum P10-per-share price, as the quality of investors and demand after listing may prove more important. Capital market expert Jonathan Ravelas said the P10 maximum offer price in Mynt’s regulatory filing

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MANILA, Philippines — Alternergy Holdings Corp., a listed renewable energy company, is making its debut in the debt market to raise P2 billion, as it rolls out more clean power facilities. The company on Wednesday said its board of directors had given the go-ahead to issue green fixed-rate notes worth P2 billion. READ: Alternergy inks

Standard Chartered sizes up Clark investment opportunities

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MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) is bringing in one of Asia’s oldest banks to scout investment and financing opportunities across its Clark properties, which form part of the foreign-backed Luzon Economic Corridor. Under a memorandum of understanding, Standard Chartered Bank Philippines—the first foreign bank established in the country—will jointly study with

SM Prime, WWF enter 5th phase of conservation project

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MANILA, Philippines — SM Prime Holdings Inc. has renewed its nearly two-decade partnership with World Wide Fund for Nature-Philippines (WWF-Philippines) to strengthen marine conservation efforts at Hamilo Coast in Nasugbu, Batangas. SM Prime said on Wednesday that, through leisure resort residences developer Costa del Hamilo Inc. (CDHI), it entered the fifth phase of the Hamilo Coast

Meralco unit tapped for Filinvest’s EV needs

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MANILA, Philippines — Filinvest Group has tapped the green mobility subsidiary of Manila Electric Co. (Meralco) to equip its properties with solutions supporting electric vehicles (EVs). In a statement on Wednesday, Movem Electric Inc. said the partnership would cover the deployment of EV requirements across Filinvest’s commercial, residential and office developments. READ: Toyota cautious but

Grab takes the reins of fintech Atome Financial

Sep 17, 2026

MANILA, Philippines — Grab is deepening its push into financial services with a $1.49-billion deal to acquire a controlling stake in Atome Financial, the Singapore-based buy now, pay later (BNPL) fintech that operates in the Philippines and four other Southeast Asian markets. On Tuesday, Grab said it would acquire a 60-percent equity interest in Atome Financial

Rodrigo Duterte's ICC appearance indicates he is fit for trial, Colmenares says

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CALAPAN CITY, ORIENTAL MINDORO, Philippines — Two provincial most wanted persons and another wanted individual were arrested in separate police operations in Bongabong, Oriental Mindoro, on Wednesday, Sept. 16. Police identified the suspects as the provincial top 4 and top 5 most wanted persons, both arrested in Barangay San Jose, and another wanted person apprehended

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Foreign students in South Korea hit record 500,000 as culture boom drives demand

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YOURSAY | Pardons Board should stop hiding behind the King

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Hanoi rainfall exceeds 150 mm overnight, causing widespread flooding

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Rainfall exceeding 150 mm in several parts of Hanoi from Wednesday night to Thursday morning has caused widespread flooding, with some schools switching to online classes.

Widespread flooding disrupts traffic, business in Hanoi after heavy rain overnight

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Rainfall exceeding 150 mm in several parts of Hanoi from Wednesday night to Thursday morning has caused widespread flooding that paralyzed traffic and forced shop closures.

Rep. Teodoro: Strong anti-drug policy should go beyond enforcement

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MANILA, Philippines — While he was responsible for defending the Dangerous Drugs Board (DDB) proposed budget for 2027, Marikina Rep. Marcelino Teodoro has admitted that the government needs to have a strong anti-drug policy that goes beyond mere enforcement. In his sponsorship speech delivered on Wednesday, to defend DDB’s P526.5 million budget for 2027, Teodoro

Aquino urges creation of Filipino-made AI, warns of risks from foreign models

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MANILA, Philippines — Sen. Bam Aquino on Wednesday urged the government to develop a Filipino-made artificial intelligence (AI) model, warning that continued reliance on foreign-made ones could influence Filipinos’ culture, language, and perspectives. Aquino raised the concern during the Senate committee on finance’s budget hearing on the 2027 spending plan of the Department of Science

US officials met Iran-backed Houthis in Oman over the weekend, sources say

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Senators flag last-minute flight cancellations, policy review sought

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MANILA, Philippines — Senators on Wednesday questioned the abrupt cancellations of flights during bad weather, saying passengers should not have to travel for hours to the airport only to find out that their flights had been canceled. During a Senate committee on finance hearing on the 2027 spending plan of the Department of Science and

China marks breakthrough on railway linking Central Asia to Europe

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China has completed drilling a key tunnel on the China-Kyrgyzstan-Uzbekistan railway, which will create a shorter trade route to Europe and bypass Russia.

Vietnamese student wins two physics awards at once at world's No. 1 university

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[Pastilan] The curious case of Sara Duterte’s memory hole

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Singapore has been ranked the world’s most welcoming city for travelers, ahead of London and Sydney, in a global study by travel eSIM provider Holafly.

DENR cites public role after turnover of rescued wildlife in Cotabato

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MANILA, Philippines – The Department of Environment and Natural Resources (DENR) has highlighted the public’s role in wildlife conservation after two Cotabato residents voluntarily turned over 12 rescued wildlife species to its provincial office on Sept. 10. “The recovery highlights growing community initiative and adherence to Republic Act (RA) No. 9147, also known as the Wildlife

2 solons split on CHR inclusion to Dangerous Drugs Board

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MANILA, Philippines — Alona party-list Rep. Ma. Cristina Talavera-Lopez and 4K party-list Iris Montes on Wednesday aired different perspectives on the proposed inclusion of the Commission on Human Rights (CHR) as a member of the Dangerous Drugs Board (DDB). During the House sponsorship and plenary deliberations on the proposed budget of the DDB for next

Pagasa flags rivers across Western Visayas as ITCZ brings rains

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ILOILO CITY, Philippines — Rivers and tributaries across Western Visayas could be affected by rains and thunderstorms brought by the intertropical convergence zone (ITCZ), prompting state weather forecasters to warn residents in low-lying areas and near mountain slopes to take precautions. In General Flood Advisory No. 1 for Western Visayas issued at 6 p.m. Wednesday,

Residents start using temporary Bailey bridge in Santa, Ilocos Sur

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SAN ILDEFONSO, ILOCOS SUR, Philippines — Residents, commuters and motorists are now using the newly completed Bailey bridge in Santa, Ilocos Sur, which provides a temporary crossing following the closure of the Calungbuyan Bridge due to damage caused by continuous rains. The Department of Public Works and Highways (DPWH) Ilocos Sur 2nd District Engineering Office

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MANILA, Philippines — The Land Transportation Office (LTO) on Wednesday said it imposed a two-year revocation of the driver’s license of an actor who was involved in an accident along Marcos Highway, Antipolo City, Rizal. The actor reportedly lost control of the vehicle after he experienced severe fatigue, which led to him crashing into three

Lotto results: No jackpot winners in Sept. 16 draws

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Senate has ‘sole power’ to decide VP Duterte impeachment case – amici curiae

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MANILA, Philippines — The Senate has “the sole power to try and decide all cases of impeachment,” four retired Supreme Court justices stressed that constitutional provision as they gave their legal opinions as amici curiae on Wednesday, the 26th day of Vice President Sara Duterte’s impeachment trial. In a prosecution statement, former Rep. Robert Ace Barbers,

Rains to drench parts of PH as ITCZ prevails

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MANILA, Philippines — Rains are expected over parts of Southern Luzon, Visayas and Mindanao on Thursday, Sept. 17, as the intertropical convergence zone (ITCZ), a convergence of winds, affects these areas, the state weather bureau said. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said in its weather advisory that the ITCZ will bring

Tolosa: Baste Duterte can testify if Davao dealt with Sara-linked firms

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MANILA, Philippines — Davao City Mayor Sebastian Duterte can testify before the Senate Impeachment Court if the local government had dealt with companies where his sister, Vice President Sara Duterte, is listed as a stockholder, a member of the prosecution panel said on Wednesday. In a press briefing after the Wednesday’s impeachment discussions, counsel for the

Manila Water units deliver emergency aid to flood-hit towns in Pangasinan

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MANILA, Philippines — In response to the widespread flooding that prompted the declaration of a state of calamity in Pangasinan, Manila Water Non-East Zone operating units Calasiao Water and North Luzon Water, in partnership with Manila Water Foundation (MWF), provided safe drinking water to evacuees in the municipalities of Calasiao, Malasiqui, and Sta. Barbara. Through

High-tech dreams, low-tech reality of the Luzon Economic Corridor

More News

GCash IPO success goes beyond P10 price point, expert says

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Rodrigo Duterte's ICC appearance indicates he is fit for trial, Colmenares says

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2 of Oriental Mindoro’s most wanted, another suspect arrested

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