BusinessWorld

NOW: Long lines of commuters formed at the MRT-3 Ayala station as of 5:46 p.m. | @bworldph

The Department of Environment and Natural Resources (DENR) on Monday assured it permitted tree-cutting and earth-balling activities with strict legal basis, environmental safeguards, and rehabilitation treatments in place. READ BELOW: | @bworldph bworldonline.com/the-nation/202…

The peso closed Tuesday’s session 9.5 centavos stronger at P61.56 against the dollar from Monday’s finish.| @bworldph

The Philippine Stock Exchange index (PSEi) fell by 0.77% or 46.14 points to close at 5,963.24 on Tuesday, while the broader all shares index went down by 0.53% or 17.94 points to end at 3,353.94.  The index opened the trading session at 6,008.60, slightly lower than Monday’s close of 6,009.38. It maintained this level as its intraday high but recorded an intraday low of 5,933.19 before the closing bell. | @bworldph

Can cities keep up with rapid urban growth? This issue of BusinessWorld In-Depth explores how unplanned urbanization affects housing, access to services, and quality of life in the Philippines. Get your copy now via zurl.co/mAg5H.

Filinvest Land, Inc. said it reduced its unsold residential inventory by P4.1 billion in the first quarter (Q1), as the developer pursued asset monetization and balance sheet optimization initiatives. zurl.co/ent8d

Casino Plus said it secured a P1-billion surety bond through PhilFirst Insurance Corp. as part of its compliance and risk management framework for its Philippine operations. zurl.co/xWCPw

Globe Business marketing head Jonathan Cristobal talks about Globe helping MSMEs navigate through digital transformation. Watch: youtu.be/ZRWr8RJ-EaI?si…

METRO MANILA’S office market is accelerating its shift toward operational sustainability, with 37% of total office stock now powered by renewable energy in the first quarter (Q1) of 2026. zurl.co/78aZZ

AYALA Land Estates, Inc. said it has expanded its car-free Sundays initiative to Azuela Cove and North Point as part of its broader push to promote pedestrian-oriented and open-street developments. zurl.co/LtJoa

SM INVESTMENTS CORP. increased its renewable energy sourcing in 2025, with cleaner energy accounting for 31% of total electricity consumption, up from 27% a year earlier, as the conglomerate expanded renewable energy use across its operations. zurl.co/r41k9

METRO PACIFIC Tollways Corp. (MPTC) said it subscribed to 8.67 million newly issued shares of CII Bridges and Roads Investment JSC (CII B&R) for about P193 million to maintain its effective 44.9% stake in its Vietnam affiliate. zurl.co/zunD1

Grab Philippines country head Ronald Roda said a recent survey Grab did shows that 70% of Grab drivers are willing to convert to hybrid if vehicle financing, vehicle supply, and charging stations will be available. Watch: youtu.be/EPMWhiMnSdE?si…

DoTr Undersecretary for Road Transport and Infrastructure Mark Steven C. Pastor said the agency will continue to strengthen road safety mechanisms to reduce accidents and advance the implementation of the Philippine Road Safety Action Plan. @bworldph

Just in: Ombudsman Jesus Crispin C. Remulla says a plunder case against Senator Jose “Jinggoy” Estrada will be filed before the Sandiganbayan this week over kickback allegations in the flood control scam. | @bworldph

The project is set for full completion by June and will have a capacity of up to 200 million liters of raw water. Maynilad says the reservoir will help improve water treatment operations during periods of low inflow and high turbidity. @bworldph

Maynilad says it has started partial operations of its raw water reservoir at the La Mesa Water Treatment Plant in Quezon City. The facility can store up to 67 million liters of raw water to help support supply during the dry season. @bworldph [Photos via Maynilad]

Investors are increasingly favoring defensive and income-generating property assets, according to property consultants and real estate executives, as developers adopt a more cautious stance on expansion amid global economic uncertainty. zurl.co/NMB6D

ABOITIZ Economic Estates, the mixed-use industrial development arm of the Aboitiz group, said the first 200 hectares (ha) of TARI Estate are expected to become operational this quarter. zurl.co/ANWTE

Despite the controversies that emerged late in 2025, Metro Manila’s office market entered 2026 on relatively steady footing. zurl.co/F3nf1