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.

LISTED technology firm Xurpas, Inc. is exploring the potential sale of its stake in Indonesian company PT Sembilan Digital Investama (SDI) as part of efforts to improve its equity position. In a ...

Don’t look now, but if we’re not careful, we could find ourselves legally outflanked over the West Philippine Sea. In a move widely reported abroad on May 30 but which merited just minor, bottom-page ...

JUST edging his way into his 40s, you can say a lot about Josh Boutwood, but you can’t call him one-note. A visit to two of his restaurants weeks apart shows his own diversity and his own keen sense ...

TERM DEPOSIT YIELDS continued to go down on Wednesday, even as the offer was undersubscribed, as inflation remained below target despite the slight uptick in June, supporting expectations of further ...

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 ...

SAMSUNG Electronics Co. has unveiled its latest lineup of foldable devices, the Samsung Galaxy Z Fold7 and Flip7, which are now available for pre-order in the Philippines until July 31. It also ...

REVOLUT, a global financial technology (fintech) company, is launching a technology hub in the Philippines to tap into the country’s skilled workforce and support its expansion across Southeast Asia.