Canva is restructuring its global workforce, affecting 1,271 employees or 22% of its staff, with the impact on its Philippine operations still unclear. Read more »
Donatela Resort & Sanctuary, an upscale property in Panglao, Bohol, owned by Davao businessman Dennis Uy’s PH Resorts Group Holdings Inc., permanently ceased operations on September 30, 2026. Read more »
Vista Land faces P24.4 billion in bond maturities in 2027, but CreditSights says the Villar-led property developer has multiple refinancing options and low restructuring risk. Read more »
The Philippines is confronting a difficult budget equation as it seeks to strengthen its military while meeting the growing cost of pensions for military and uniformed personnel (MUP). Read more »
Canon ends laser printer production at its Batangas facility, affecting around 1,400 workers as declining global demand drives its exit from Philippine manufacturing. Read more »
J.P. Morgan has quietly begun winding down its global analytics unit, leaving around 250 employees in Manila, Cebu, and Baguio affected. The closure comes as part of an internal review that deemed this smaller business arm non-core. Read more »
