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PAL’s A350-1000 touches down first

Philippine Airlines just upgraded its long-haul swagger with a widebody statement piece carrying a list price of USD366.5 million.

Nike finds its footing amid pressures

NIKE Inc. posted mixed results for the second quarter of fiscal 2026, reporting revenues of USD12.4 billion and diluted earnings per share of USD0.53, as the sportswear giant pushed forward with its turnaround amid margin pressure and uneven demand.

UnionDigital lending push gets boost with new capital

Union Bank of the Philippines is doubling down on its digital ambitions after its board approved the infusion of up to P1.3 billion in additional capital into its wholly owned subsidiary, UnionDigital Bank Inc.

Derazona Helicopters brings Airbus H160 to Southeast Asia energy market

Derazona Helicopters has received its first Airbus H160, becoming the first energy operator in Southeast Asia to use the next-generation helicopter.

Globe, Taguig City hold digital safety workshop for students

Globe partnered with the Taguig City government to hold a Children’s Digital Safety Workshop in November, at the CDRRMO Training Plaza in Barangay Central Signal, aiming to help protect young people online.

Just in

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.

Power disconnection freeze extended through year-end with focus on vulnerable households  

The Energy Regulatory Commission plans to extend its suspension of electricity service disconnections through the end of the year, though the policy will feature a narrower target audience to balance relief for consumers with the financial stability of power utilities.
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