German shipping giant Hapag-Lloyd has suspended new cargo bookings to Manila, Batangas, and Subic Bay until December 31, 2026, citing persistent port congestion and limited capacity for storing and returning empty containers.

Prime Infrastructure Capital Inc., the infrastructure company led by billionaire Enrique Razon Jr., expects to double its revenue and earnings over the short to medium term, driven by acquisitions, existing businesses, and new power projects.

Private workers in Cagayan Valley are seeking a P100 increase in their daily pay, with labor groups pointing to rising household expenses and other financial obligations as reasons for the proposed adjustment.