Category : Business News

Agriculture Secretary William Dar is looking to expand the country’s agricultural exports, particularly coconut products, to Germany. In a virtual meeting on Wednesday, Dar met...

The Biden administration is supporting Pfizer Inc.’s move to begin exporting US-made doses of its coronavirus vaccine, as the White House starts to unleash production...

Corn futures surged above $7 a bushel for the first time in more than eight years as lack of rainfall in Brazil added to supply...

Philippine Savings Bank’s (PSBank) pre-provision operating profit was up 8% to PhP1.61 billion from a year ago owing to increase in other operating income, reduction...

BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said more banks are moving towards “cloud-based” technology as digitalization continues to gain traction in the...

The Philippines’s public credit registry and repository of credit information was recently awarded by a London-based publication for its efforts to advance inclusivity in the...

THE Bureau of Internal Revenue (BIR) said procurement delays prevented the tax management agency the scheduled roll-out of its Online Registration and Updating System (Orus)....

East West Banking Corp. announced that the new members to its board of directors include a former Supreme Court justice and a former Bangko Sentral...

NO, “MV plus MX equals ME” is not a mathematical nor a physics formula. But yes, it is nonetheless a formula for an effective association...

ECONOMISTS at the Bank of the Philippine Islands (BPI) believe that inflation has not peaked yet and will continue to rise up until the third...

Conglomerate San Miguel Corp. (SMC) on Thursday said its income in the first quarter soared to P17.17 billion, almost a 15-fold increase from the previous...

Jollibee Foods Corp. on Thursday said it is set to open its flagship store at West End in London in the United Kingdom this month...

The local dealer of Austrian motorcycle brand KTM is targeting to sell nearly 3,000 units and open new dealerships in the Philippines this year. Adventure...

International Container Terminal Services Inc. (ICTSI) saw its profits rising by 51 percent in the first quarter, as it continued to grow its global port...

Manuel V. Pangilinan is retiring as president and CEO of PLDT Inc. He will be replaced by chief revenue officer Alfredo S. Panlilio. Pangilinan, who...

PH Resorts Group Holdings Inc. (PHR), the gambling unit of Davao businessman Dennis Uy, on Thursday said it signed a letter of intent (LOI) with...

Yuchengo-led PetroEnergy Resources Corp. (PERC) booked P646 million in net income last year, up 21 percent from P543 million posted in 2019, buoyed by the...

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The country’s frozen pork inventory as of April 26 fell by 5.5 percent to 24,273.5 metric tons (MT) from the previous month’s 28,862.84 MT, latest...

San Miguel Food and Beverage Inc. (SMFB) said its income in the first quarter rose 66 percent to P9.68 billion from last year’s P5.82 billion,...

The National Irrigation Administration (NIA) has completed the Barbar Small Reservoir Irrigation Project (Barbar SRIP) in Barangay Barbar, San Juan, Ilocos Sur. The P631-million Barbar...

The Tariff Commission (TC) has launched its investigation to determine the merits of increasing the tariff on pork imports to as high as 44 percent....

LT Group Inc. (LTG) has allotted P9.7 billion in capital expenditures this year, a chunk of which will be earmarked for the digitalization of its...