News

THE 15% TARIFF on imported rice will remain unchanged at least until November, according to the Department of Economy, Planning, and Development (DEPDev), as the government seeks a “win-win” solution ...
HOME OWNERSHIP in the Philippines remains out of reach for many households due to the wide gap between residential property prices and income, particularly in urban areas like Metro Manila and Davao, ...
THE P50 daily minimum wage hike for Metro Manila workers that will take effect on July 18 is unlikely to fuel inflation, according to economists. Its limited coverage means it probably won’t be ...
LISTED real estate developer SM Prime Holdings, Inc. has allocated an initial P25 billion in capital expenditure for the first project under its newly launched Signature Series by SM Residences, ...
LOW-COST carrier AirAsia is accelerating its fleet expansion with a planned purchase of 150 additional aircraft, with up to 20 expected to be delivered to its Philippine unit over the next five years.
PHILIPPINE BUSINESSES looking to adopt agentic artificial intelligence (AI) must put an emphasis on agent training to guard against biases and ensure responsible data use, Microsoft Philippines said.
GOTIANUN-LED Filinvest Development Corp. (FDC) has secured approval from the Securities and Exchange Commission (SEC) for its planned P8-billion preferred share offering. On July 8, the commission en ...
Every great business idea deserves the chance to thrive, but without the right financial support, even the most promising ventures can stall. For Filipino entrepreneurs and small business owners, ...
LISTED holding company Seafront Resources Corp. (SPM) has divested its stake in Hermosa Ecozone Development Corp. (HEDC) under a P325-million deal, as it looks for potential investments in the energy ...
BDO UNIBANK, Inc. is targeting to raise at least P5 billion from its latest offering of peso sustainability bonds. BDO on Wednesday kicked off its public offer of 1.5-year peso-denominated fixed-rate ...
The Villar family is considering the acquisition of the Philippine Associated Smelting and Refining Corp. (PASAR), the country’s first copper smelter and refinery located in Leyte. This facility, ...