Category : Business News

THIRTEEN export companies from the Philippines showcased locally produced products for food manufacturing and processing during the Gulfood Hotel and Equipment Exhibition and Salon Culinaire...

China may ban the export of rare-earths refining technology to countries or companies it deems as a threat on state security concerns, according to a...

Philippine exports under the Generalized Scheme of Preference (GSP) will continue enter the United Kingdom (UK) tariff-free this year, through its own GSP. The UK...

Overseas orders placed with Taiwanese exporters surged by the most in 11 years in January as global demand for semiconductors shows no sign of abating....

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Manila Electric Co. (Meralco) said it expects power rates to go down for the second consecutive month in March due to lower rates from its...

Property developer Ayala Land Inc. said it is set to borrow between P8 billion and P10 billion this year for its capital expenditures including the...

The Philippine National Railways (PNR) has canceled its P921-million train supply contract with CRRC Zhuzhou Locomotive Co. Ltd., after the Commission on Audit (COA) questioned...

Manila Water, the concessionaire for the East Zone of the Metropolitan Waterworks and Sewerage System (MWSS) said on Thursday that it recently held the groundbreaking...

FRENCH software firm Alcatel-Lucent Enterprise (ALE) has tied up with the newly established Alpha-3 Technologies Inc. in the Philippines to help digitalize remote and underserved...

BillEase operator First Digital Finance Corp. (FDFC) is teaming up with an Indonesia-based financial technology (fintech) player Xendit to offer “pay later” solution via cardless...

SAVING in dollars will not lead to higher yields in countries like the Philippines, according to Washington-based think tank Peterson Institute for International Economics (PIIE)....

I recently attended a webinar on “2021 Plans and Possibilities” by Kirryn Zerna and, although it was not necessarily focused on associations, I was pleasantly...

LAWMAKERS on Thursday slammed the “oppressive” increase in interbank automated teller machine (ATM) withdrawal fees that the country’s 58 million cardholders are set to shoulder...

WITH the recent establishment of the payments and currency management sector (PCMS), a financial technology (fintech) group hopes that online payments made to government agencies,...

Ayala Land Inc. on Wednesday said its attributable income fell 74 percent last year to P8.72 billion from the previous year’s P33.18 billion due to...

FINANCIAL technology (fintech) player GCash said it has helped provide 100,000 Filipinos with insurance products, which now amount to a total coverage of about P8.3...

The Securities and Exchange Commission (SEC) has approved the registration statements of the P30-billion bond float of Aboitiz Power Corp. and the initial public offering...

Companies owned by the SM Group received Golden Arrow Awards from the Institute of Corporate Directors for performing well in the ASEAN Corporate Governance Scorecard,...

Globe has made significant progress in modernizing its network and IT infrastructure, creating product innovations across its businesses with the goal of realizing a #1stWorldNetwork....

Mondelez Philippines Inc. is partnering with social enterprise the Plastic Flamingo to collect and recycle 40 metric tons (MT) of post-consumer plastic packaging this year...

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) rejected the “new” and “preposterous” condition imposed by South Premiere Power Corp. (SPPC) tied with its...

UNFAZED by the impact of Covid-19 pandemic, Holcim Philippines continued its corporate social responsibility (CSR) campaign, which benefitted 164,913 people in 2020. Dubbed the Holcim...

AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc., said it earned P1.23 billion last year, some 42 percent higher than the...