TAIWAN Semiconductor Manufacturing Co. (TSMC) is considering expanding into advanced memory chip production, in a move that would allow it to capture a larger share of the artificial intelligence (AI) hardware market…
MODERNA lifted its full-year revenue forecast on Friday after strong international Covid-19 vaccine demand and payments from partnerships helped the biotech swing to profit in the third quarter, sending its shares up…
Award-winning real estate developer Menarco Development Corporation has received the coveted champion award from the International WELL Building Institute (IWBI).
SEVENTY-NINE percent of business decision-makers surveyed in Asia-Pacific said their organizations are directing too much artificial intelligence investment toward incremental improvements rather than opportunities to…
RHO, Italy — Just as with electric cars, Chinese motorcycle brands are roaring into European markets, with high-performance, cut‑price models starting to make a name for themselves. At EICMA in Milan, Europe's biggest…
From overseeing a bank merger to scrapping transfer fees and bringing banking into neighborhood stores, it's been a busy five years for Limcaoco
Industrial and real estate logistics developer AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of property giant Ayala Land, Inc., remained focused on its recovery plan through Q3 2026, driven by accelerated…
A policy framework earns its worth only when physical power flows reliably across the wire
MACQUARIE Group reported its highest-ever first-half profit on Friday, driven by a surge in income from its commodities and trading division, marking a blockbuster swansong for CEO Shemara Wikramanayake after eight…
SYDNEY — Australia's Qantas Airways raised its first-half fuel cost forecast by 4 percent on Friday and said it expected prices to remain elevated for the rest of the financial year. Citing disruption to air travel and…
Electric vehicle (EV) discussions remain heated as the rising global fuel costs directly hit the Philippines.
AIRBNB raised its full-year 2026 revenue growth forecast on Thursday, as the vacation rental platform bets on resilient global leisure travel demand, sending its shares up 11 percent in extended trading. Travel firms…
DUBAI, United Arab Emirates — The UAE’s Emirates Group on Thursday said its profits in the first half (H1) of the financial year fell 66 percent year on year, as the regional war and high fuel costs hit aviation…
A strange thing sometimes happens to your best people.
RL Commercial REIT Inc. (RCR) reported a 41-percent increase in revenue to P10.81 billion in the first nine months of 2026, as newly infused malls and the full-period contribution of previously acquired properties…
ALFONSO LISTA, Ifugao — A major irrigation project is set to change farming patterns in this eastern Ifugao town, shifting production from rain-dependent cycles to sustained, multi-season cultivation. On Oct. 26, 2026…
The Philippines is already experiencing stagflation, a combination of sluggish economic growth and high inflation, as surging energy costs and weak government spending weigh on the economy, according to S&P Global…
PHILIPPINE Business Bank (PBB) reported a net income of P444.7 million in the third quarter (Q3) of 2026, with pretax profit up 42.2-percent from the previous quarter to P637.9 million, supported by stronger lending…
APPROXIMATELY 430 companies from 25 countries participated in the 2026 Korea International Exhibition of Machinery, Equipment, Science and Technology for Agriculture (Kiemsta 2026) that was held from Nov. 4 to 7 at EXCO…
Earnings of property giant Robinsons Land Corp. (RLC) expanded in the first nine months, driven by continued growth in the company’s recurring income portfolio and resilient performance across its diversified businesses.
FISHERIES production dipped 1.8 percent year-on-year to 886,556 metric tons (MT) in the third quarter (Q3), down from 902,867 MT in the same period last year, according to data from the Philippine Statistics Authority…
INDIAN auto dealers warned on Friday that elevated vehicle inventories and rising financing costs could weigh on demand after the festive season, even as retail sales are expected to pick up in the coming weeks…
Australian home and lifestyle brand Anko is taking the brand beyond Metro Manila for the first time since debuting in the country in 2024.
CONVERGE ICT Solutions Inc. on Friday declared a net income of P8.09 for the first nine months of 2026, a decline from P8.90 billion last year, due to higher expenditures and the impact of inflation. Despite the…
DUTCH lender ING is putting up for sale about $500 million portfolio of data center loans all at once, Bloomberg News reported on Thursday, citing people familiar with the matter. This includes a $25-million loan tied…
Improved earnings contributions from all subsidiaries boosted DMCI Holdings Inc.’s profit by 28 percent to P15 billion in the first nine months.
ACEN Corp. on Friday said that it had invested P35.25 million in subsidiary ACEN Operations Services Inc. to support the latter’s business operations. In a disclosure, the company said it entered into a subscription…
AUSTRALIAN home and lifestyle retailer Anko is expanding outside Metro Manila for the first time, opening stores in Laguna and Cavite as it looks to increase its Philippine presence to nine locations before the end of…
Japanese utility giant Tokyo Gas is urging the Philippines to lock in more long-term liquefied natural gas (LNG) contracts to shield consumers from price volatility driven by global supply chain disruptions.
PHILIPPINE agricultural and fisheries output fell 5 percent year-on-year to P389.42 billion in the third quarter (Q3), down from P410.03 billion a year earlier, pulled down by sharp contractions in crop and fisheries…
THE Philippine banking system remained well-capitalized and liquid in the first half of 2026, allowing banks to sustain lending to households and businesses despite a more uncertain economic environment. In its Report…
Inflation is expected to remain below eight percent in the last two months of the year, although economists are divided over whether the Bangko Sentral ng Pilipinas (BSP) needs another interest rate hike in December to…
GROWTH of the Philippine manufacturing sector accelerated in both value and volume terms in September, data released by the Philippine Statistics Authority (PSA) on Friday showed. The Value of Production Index (VaPI)…
THE country’s agricultural trade deficit widened in September to $1.25 billion, higher than the $1.21 billion recorded in the previous month and $1.00 billion recorded during the same month last year. “The total balance…
The earnings of broadband giant Converge ICT Solutions Inc. slipped by nine percent to P8.09 billion, as the provider had to deal with higher expenses, while revenue grew at a slower pace.
THE peso sustained its recovery against the US dollar for a second consecutive week, even as the stock market ended lower on Friday as investors locked in gains and positioned themselves ahead of the release of…
GERMAN financial company Deutsche Bank said the Bangko Sentral ng Pilipinas’ (BSP) larger-than-expected October rate hike would “likely be sufficient for now,” as the mixed inflation signals warrant giving previous…
O!Save, partly owned by multi-format retailer Robinsons Retail Holdings Inc., has reached a major milestone with the opening of its 1,000th store in Taguig.
I WAS happy to hear that Metropolitan Manila Development Authority (MMDA) Chairman Atty. Romando “Don” Artes was recently in Barcelona, Spain to learn about Barcelona’s approach to mobility and other urban challenges…
THE Department of Environment and Natural Resources (DENR) has heightened wildfire prevention protocols across forests and grasslands nationwide, as extreme heat and dry vegetation elevate fire risks amid an impending…
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