GENEVA — The number of women in top leadership jobs at companies worldwide has risen since 2013, but inequalities remain at lower managerial levels, the International Labour Organization said Tuesday. The share of…
Canva is set to make changes to 1,271 jobs, equivalent to 22% of its workforce, as part of a major organizational restructuring after the company experienced its first slowdown in growth in a decade.
The head of the OECD's Nuclear Energy Agency casts doubt on the Philippines' 2032 nuclear target, saying that getting its first reactor operating will likely take longer than six years
NEW YORK — Binance released on Tuesday a detailed investigation into the $6 billion hack of its cryptocurrency platform, showing how attackers used fake job interviews and malicious code to steal the funds. The crypto…
With the youngest Ang’s appointment, there are now four Ang family members on Ginebra's nine-member board
The country"s palay production declined in the third quarter of the year, with the government strengthening its measures to shield the rice sector from the potential impacts of El Niño, the DA said.
The Philippine peso weakened against the US dollar on Wednesday as expectation of further acceleration in October"s inflation rate weighed on the local unit.
The Department of Agriculture (DA) is seeking a bigger allocation for farm machinery for crops other than rice under the proposed 2027 national budget, acknowledging that most mechanization funding currently goes to…
San Miguel Food and Beverage Inc. (SMFB) on Wednesday reported a slight decline in its net income for the first nine months of the year, but expressed optimism that consumer demand would pick up in the fourth quarter…
US President Donald Trump’s visit to the Philippines this month gives President Ferdinand Marcos Jr. a good occasion to explain what we’re negotiating for on Pax Silica
Philippine stocks rebounded Wednesday, lifted by bargain-hunting following market weakness in previous sessions.
Philippine Rating Services Corporation (PhilRatings) is expecting accelerated growth and deeper development for the domestic capital market following Moody"s acquisition of a 19.99% stake in the local credit rating…
The Bureau of Customs is studying proposals to streamline the handling of shipments and processing of approvals for micro, small and medium enterprises, and exporters by waiving physical examination for qualified firms.
Telecom giant PLDT Inc. has officially appointed Isla Lipana & Co./PwC Philippine, a member firm of the PricewaterhouseCoopers (PwC) network, as its independent external auditor, replacing its long-time auditing…
The Bureau of Customs is studying proposals to streamline the handling of shipments and processing of approvals for micro, small and medium enterprises, and exporters by waiving physical examination for qualified firms.
The Philippines is the leading buyer of Cambodian milled rice among Southeast Asian countries in 2026 as Manila seeks to diversify its sources of imported rice, the United States Department of Agriculture (USDA) said.
State-run Land Bank of the Philippines (LandBank) on Wednesday reported an 8% increase in net income in the first nine months of the year, driven by the expansion of its core banking operations.
GOOD corporate governance is often associated with the policies, structures and accountability mechanisms companies put in place. But the quality of governance depends on the people involved in decision-making, the…
The Department of Trade and Industry (DTI) on Wednesday assured consumers that manufacturers would maintain the product quantities of 190 monitored basic necessities and prime commodities, ruling out "shrinkflation"…
ESTEE Lauder is cutting promotions and ramping up brand investment as its turnaround gathers pace, CEO Stephane de La Faverie said on Monday after the cosmetics maker raised annual forecasts. A willingness among…
HONG KONG — Hong Kong’s September retail sales value jumped 6.4 percent from a year earlier to HK$33.4 billion ($4.26 billion) for a 17th month of gains, government data showed on Tuesday. In August, retail sales rose…
Former Central Bank governor Jose Cuisia Jr. believes that President Marcos should show more political will to adopt an austerity budget to arrest the country’s growing debt-to-gross domestic product ratio, which is now…
THE Department of Agrarian Reform (DAR) said Monday that it has distributed 849 land titles covering about 656 hectares of agricultural land to 688 farmer-beneficiaries in Central Luzon. The distribution, held Oct. 29…
ORACLE on Monday said it will raise $20 billion through bond and share sales, as the software giant taps investors to fund its costly artificial intelligence (AI) and cloud infrastructure build-out. Oracle priced the…
The critics of the national budget, which the House recently passed, are ignorant, Deputy Speaker Ronnie Puno claims. Nothing could be further from the truth.
LONDON ─ Lufthansa trimmed its profit outlook on Tuesday as the German airline’s estimated jet fuel bill for 2026 rose to 9.3 billion euros, although its third-quarter results were in line with forecasts. European…
WASHINGTON, D.C. — Anthropic, one of the world’s leading artificial intelligence companies, on Monday reported a more than 1,100-percent surge in quarterly revenue as it counts down to going public on Wall Street later…
Accounting giant SyCip Gorres Velayo & Co. (SGV) has resigned as external auditor of PLDT Inc., saying it could no longer be relied upon to independently check the telco’s finances.
ABOITIZ Power Corp. (AboitizPower) on Tuesday said that it had entered into a joint agreement with A Brown Co. Inc. for the development of an integrated solar project in Manolo Fortich, Bukidnon. The transaction…
THE Department of Agriculture (DA) has ordered a review of its farm-to-market road (FMR) project documents after civil society groups flagged errors in some of their coordinates. Agriculture Secretary Francisco Tiu…
The Philippines has emerged as Southeast Asia’s third-largest sustainable bond market, raising $23 billion from 2017 through the third quarter of 2026, as growing demand for infrastructure, climate resilience and clean…
SWIFT Foods Inc. has decided to suspend its broiler operations in Palawan following continued losses in recent months, citing the possible occurrence of El Niño as an additional concern for its chicken-growing business…
THE Bangko Sentral ng Pilipinas (BSP) is not yet considering a shift toward monetary easing as inflation is expected to remain elevated for the coming months. “Easing? We're still in the tightening phase, so we don't…
The British Chamber of Commerce of the Philippines (BCCP) is pushing for the passage of four legislative measures including the Cybersecurity Act and Digital Payments Act to boost investor confidence and drive economic…
FINANCE authorities are considering changes to the annual contribution limits of the Personal Equity and Retirement Account (PERA) program to encourage more Filipinos to save for retirement and expand participation in…
THE country is expected to increasingly tap sustainable financing to support its infrastructure and development priorities, credit rating agency Moody’s Ratings said. “Given large infrastructure needs, sustainable…
Companies backed by tycoons Ramon Ang and Enrique Razon Jr. are among nine firms poised to secure winning bids in the country’s first special waste-to-energy (WTE) auction.
A BRITISH Chamber of Commerce Philippines (BCCP) official on Tuesday said passing key legislation and critical trade reforms will give signals to global investors that the Philippine economy is moving forward. The…
THE peso started the week stronger against the US dollar, recovering after the holiday break while the stock market retreated as late-session selling wiped out the benchmark index’s early gains. The local currency…
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