The Anti-Money Laundering Council (AMLC) said it may look into banks after a congressional inquiry flagged large cash transactions linked to a flood control scandal, although the watchdog declined to say whether such an investigation was...
The local stock barometer broke the 6,000 barrier on Monday while the peso slipped further into the 58 level against the US dollar as alleged corruption in government flood control projects unsettled investors. The benchmark Philippine...
Philippines Airlines (PAL) keeps soaring higher, as it has just bagged a prestigious 4-Star Major Airline 2026 rating. The flag carrier earned the award from the Airline Passenger Experience Association (Apex), a US-based air travel...
The Management Association of the Philippines (MAP) has urged Congress to reallocate funds for the completion of the long-delayed Edsa busway system in the 2026 national budget. “The government’s commitment to ease the plight of bus...
MANILA, Philippines — Pure Energy Holdings Corp. (PEHC), backed by businessman Dexter Tiu, and Quadwater Corp. are set to secure a majority stake in listed Coal Asia Holdings for P220.9 million. In a disclosure on Monday, Coal Asia...
MANILA, Philippines — The data center arm of PLDT Group has sealed a pact with two global technology leaders to give key sectors access to artificial intelligence’s (AI) full potential without hefty infrastructure investments....
MANILA, Philippines — MREIT Inc. plans to double its portfolio to one million square meters (sq m) of gross leasable area (GLA) by 2027 by targeting the retail assets of its sponsor, Megaworld Corp. MREIT disclosed on Monday they...
MANILA, Philippines — Philippine National Bank’s (PNB) move to let go of its Bahrain operations and dissolve two of its units would allow it to cut costs and focus on expanding its core business, according to an analyst. Ron Acoba,...
MANILA, Philippines — Robinsons Land Corp. (RLC) on Monday opened its new office building in Quezon City as part of its modernization plans. It features “touchless” and facial recognition technology. RLC business unit general...
MANILA, Philippines — At last week’s hearing of the Senate blue ribbon committee on anomalous flood control projects, Orly Regala Guteza, a witness presented by Sen. Rodante Marcoleta, testified that he delivered suitcases...
MANILA, Philippines — The proposed safeguard duty on cement imports is unlikely to raise prices but instead help safeguard the local industry against unfair competition, an industry group said. “The measure is needed to give local...
MANILA, Philippines — A Japanese company focused on providing assisted reproductive technology or fertility treatments will expand its services in the Philippines. This is through its upcoming facility housed within the Filinvest...
MANILA, Philippines — Young Filipinos know what it takes to stay healthy, but far fewer follow through, highlighting “significant” gaps between awareness and action. This is based on a new Manulife Philippines study that surveyed...
Brian Morrissey of “The Rebooting Show” spoke to Forbes CEO Sherry Phillips about how the 107-year-old magazine is retooling in a messy media market. For example, Forbes has a slate of more than 100 events that now account...
As Nike targets a new generation with a revised slogan, "Why Do It?," NPR's Ailsa Chang talks to consumer trends expert Casey Lewis about what brands get right and wrong about Gen Z.
Bloomberg News has hired Sachin Ravikumar as a team leader for UK breaking news and global watch in London. He was a correspondent for Reuters in London covering general news from across the UK. Over nine years at Reuters, he has helped...
Shopify merchants will soon be able to sell their products through ChatGPT, as the Canadian e-commerce software company says it has struck a partnership with U.S. tech giant OpenAI to make the sales possible.
Travel industry site Skift has hired Bailey Schulz as a global tourism reporter. She was a reporter on the USA Today Money desk for the past three years and has been at the publication since May 2021. Schulz previously was a business...
MANILA, Philippines — Frustration over the worsening flood control mess, and the involvement of more high-ranking government officials, caused the Philippine Stock Exchange Index (PSEi) to stumble below 6,000 on Monday. The...
Moody's Ratings on Monday downgraded Tata Motors' outlook to negative from positive following a cyber attack on its British arm Jaguar Land Rover which has led to a complete production halt.The rating agency affirmed the Mumbai-based...
MANILA, Philippines — Maynilad Water Services, Inc. has begun treating wastewater from three barangays in Muntinlupa City with the activation of its Cupang Water Reclamation Facility. The project, which costs P1.6 billion, has a capacity...
WestJet says some passengers' personal information was obtained in a cyberattack in June, however it believes the breach did not involve "sensitive" data in most cases.
Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months.More than half of the top 15 gainers over the past one, two, and three months have come from the sector.
Sportico reporter Brendan Coffey has left the news organization and is now freelancing. He was covering sports finance reporter. Prior to joining Sportico in June 2020, Coffey spent years writing about business, markets and innovative...
Agence France-Presse has hired Bryn Stole as a correspondent in Berlin. He has been defense editor at Euractiv. Stole previously worked at Deutsche Press-Agentur as Germany editor. He also worked at the Baltimore Sun and the Baton Rouge...
Written by: Fayre Maxine Flores As stress and speed shape daily life, wellness has become the truest form of wealth. No longer just spa days or weekend retreats, it now means choosing yourself despite the world’s demands. For many,...
The stock of Bharat Electronics (BEL) has risen 10 per cent over the past seven to eight trading sessions, driven by order wins that improve revenue visibility.The gains mark a reversal of a declining trend in its stock price between...
Electronic Arts, maker of video games like Madden NFL, Battlefield and The Sims, is being acquired for $55 billion US, the biggest leveraged buyout attempt in history.
The country's industrial production grew at 4 per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday.