The Ayala chairman wants an 'honest conversation' on Philppine investments and talks teamwork to a roomful of rivals at Makati Business Club's sapphire anniversary
The Philippine peso climbed its way back to P62-to-one dollar level on Friday, after breaching P63:$1 and hitting a fresh record low for the 27th time this year.
MANILA, Philippines — The Philippine peso rebounded against the US dollar on Friday after hitting a record low during early trading, closing at P62.985 from P63.06 on Thursday. The local currency recovered 7.5 centavos…
The Philippine residential property market continues to demonstrate underlying demand despite economic headwinds, with affordable condominiums, government housing initiatives, and emerging regional growth centers…
Philippine shares closed the week on a strong note on Friday, as investors' bargain hunting supported the local market.
The National Association of Electricity Consumers for Reforms (NASECORE) has called on the Department of Energy (DOE) to establish clear, transparent, and enforceable bidding parameters for the next Semirara coal…
President Ferdinand “Bongbong” Marcos Jr. has appointed a finance veteran to take the helm of private sector workers" pension fund, Social Security System (SSS).
Limlingan inherits a pension fund with record-high assets but faces the challenge of restoring its projected lifespan and improving nearly P40 billion in unrealized stock investment losses
Flag carrier Philippine Airlines (PAL) on Friday announced discounts of up to 60% on business and premium seats on select domestic and international routes as part of its inaugural Premium Cabin Seat Sale.
President Ferdinand “Bongbong” Marcos Jr. on Friday appointed finance and investment veteran Victor Alfonso Limlingan as the new president and CEO of the Social Security System (SSS).
MANILA, Philippines — President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso A. Limlingan as the new president and chief executive officer of the Social Security System (SSS), the…
MANILA, Philippines — Diesel prices are estimated to go up while gasoline is projected to roll back next week following a plan to release more diesel into the market, and with various Asian refineries returning from…
The Philippine peso further weakened against the US dollar, breaching the P63:$1 level and hitting a fresh historic low during intraday trading on Friday.
State auditors have flagged the nearly P40-billion in unrealized equity investment losses incurred by private sector workers" pension fund Social Security System (SSS).
The best time to buy assets or invest money is during a severe market crash or panic, when everyone else is terrified and selling
Motorists should expect mixed movements in fuel prices to be implemented in the coming week.
PHILIPPINE coffee production could fall below 30,000 metric tons (MT) this year as El Niño and rising temperatures threaten yields, the head of the Philippine Coffee Board Inc. (PCBI) said on Thursday. PCBI chairman…
BANK of America (BofA) missed third-quarter profit estimates on Wednesday due to weakness in its trading business and disclosed a $1.2-billion charge tied to a regulatory penalty over failures to detect potential…
The PCC penalized several onion importers and traders for cartel behavior which led the price of local onion to surge to around P800 per kilo in 2022. They were fined a record P1.76 billion.
UNDERSECRETARY Gil Taway IV has been reappointed president and chief executive officer of the Aurora Pacific Economic Zone and Freeport Authority (Apeco) for a second three-year term, the agency announced Thursday…
FILINVEST Land Inc. (FLI) is aiming to reach more prospective homebuyers for its residential properties across the country by participating in the second National Housing Expo and Pag-IBIG Housing Fair to be held on…
The Philippine Postal Corp. successfully concluded its hosting of the 32nd ASEAN Postal Business Meeting (APBM) and the 2026 ASEANPOST++ Meeting, bringing together postal leaders and representatives from ASEAN member…
ALLIANCE Select Foods International Inc. stockholders have approved a P660-million private placement by parent company Strongoak Inc. as part of a broader restructuring intended to address its accumulated deficit and…
IF FILIPINOS are sent to space, what can they eat? This is the question the Department of Science and Technology-Philippine Nuclear Research Institute (DOST-PNRI) and its partners are exploring through the Philippine…
The Leon Gallery’s Magnificent September Auction 2026 concluded last Sept. 12, posting strong results across both modern fine art pieces and historical artifacts.
UBS is preparing contingency plans that could include moving its headquarters out of Switzerland if lawmakers tighten capital requirements for the bank, the Wall Street Journal reported on Wednesday, citing people…
THE Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) is updating its training module on agricultural biotechnology to give local public servants a more science-based and accessible…
DigiPlus Interactive Corp. is not pursuing its application for an online gaming license in New Zealand.
BATAC CITY, Ilocos Norte — As prolonged dry spells threaten to shrink available feed for ruminants in northern Luzon, Mariano Marcos State University (MMSU) is moving to establish community-based forage sources for…
VOLUNTARY tax compliance pushed Bureau of Internal Revenue (BIR) revenue collection higher in September, posting double-digit growth, but full-year collections may likely be lower than last year’s total. Preliminary…
As more consumers warm up to heated tobacco products , leading global player Japan Tobacco International is taking it a step further by rolling out a fresh lineup of HTP-supported devices.
THE country faces a continuing challenge in moving online shoppers toward shifting to digital payments for their online purchases, as cash-on-delivery (COD) remains more prevalent in the country than in other major…
MOBILE internet speeds in parts of Metro Manila are mostly fast but dead spots remain, joint service tests conducted by the National Telecommunications Commission and three of the country’s major telecommunications…
Phinma Corp., the diversified conglomerate of the Del Rosario Group, wants to dip its toes into more condotel projects following a successful maiden venture.
LOCAL hog raisers are losing money, but consumers are still paying dearly for pork. That gap should be at the center of the debate over imports. Producers report farmgate prices of P120 per kilogram (kg) or less…
THE Department of Agriculture (DA) on Thursday sought the participation of more tollway operators in a rebate program to reduce transport costs for goods and help contain food inflation. Agriculture Undersecretary Arrey…
Logistics giant United Parcel Service opened its new Clark hub yesterday after investing more than $80 million (approximately P5.04 billion), marking its largest investment in the Philippines to date to expand its…
MEGAWORLD Corp. is targeting 1 million square meters (sqm) of retail gross leasable area by 2030, with plans to build new lifestyle malls in four areas and expand its existing portfolio under newly appointed Megaworld…
UNITED Parcel Service (UPS) has opened a new $80-million (about P5.04 billion) international air hub at Clark Airport in Pampanga as the logistics company continues to further expand operations in Asia-Pacific and…
That's every story in Business for Fri 16 Oct.
Open this day's editionsThu 15 Oct in Latest