PRESIDENT Ferdinand R. Marcos, Jr. has ordered the heads of state-owned companies to quit, a week after a similar order on his Cabinet secretaries that some see as an attempt to salvage whatever ...

PHILIPPINE President Ferdinand R. Marcos, Jr. expressed concern over the impact of the US tariffs on the global economy, warning of possible “shrinkage in economic activity.” Speaking at a press ...

THE Securities and Exchange Commission (SEC) has approved Ayala Corp.’s preferred share offering of up to P20 billion. In a meeting held on May 27, the Commission En Banc rendered effective the ...

BUDGET AIRLINE Cebu Pacific will lease two of its aircraft to Saudi Arabia’s low-cost carrier Flyadeal as part of a new partnership between the two companies. “With Cebu Pacific’s growing fleet, we ...

PHILIPPINE COMPANIES must prioritize crafting governance frameworks for artificial intelligence (AI) use to effectively reap these technologies’ benefits while managing potential risks, according to ...

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged lower on Wednesday as the offer was oversubscribed amid expectations of further monetary easing. Demand for the central bank’s term ...

PYC FOODS Corp. has expanded One World Deli’s world by opening its latest branch in Alabang on May 20. Located in a spacious, ...

INVESTMENT holding company Keppel Philippines Holdings, Inc. (KPHI) has extended the tender offer period for its shares until 3 p.m. on June 11 as part of its voluntary delisting from the Philippine ...

USING artificial intelligence (AI)-powered platforms can help students focus and stay engaged in class, according to classroom technology company Teachmint. Teachmint Philippines Country Head Masako ...

FWD Life Insurance Corp. (FWD Life Philippines) has appointed Lau Soon Liang as its new president and chief executive officer starting June. The appointment is subject to the relevant regulatory ...

GLOBE TELECOM, Inc. is aiming for single-digit growth in prepaid subscribers and revenues this year, citing increasing mobile data usage among Filipinos, a company official said. “We have around 60 ...