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URC inaugurates P5.4B Sariaya flour facility 

Universal Robina Corp., the food manufacturing arm of the Gokongwei Group, has inaugurated its P5.4-billion state-of-the-art flour milling plant in Sariaya, Quezon.

Inflation pressures remain as weather, peso weigh on prices

The Bangko Sentral ng Pilipinas (BSP) on Friday projected that inflation for November 2024 will settle within the range of 2.2 percent to 3 percent.

Strategic liquidity management helps fuel 10-month loan growth

Lending activity among banks remained robust in October, with universal and commercial banks (U/KBs) reporting a 10.6 percent year-on-year expansion in outstanding loans, slightly easing from the 11 growth in September, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

PLDT faces possible workers’ strike

PLDT Inc., the country’s largest telecommunications group, said Friday that the rank-and-file union of its employees, Manggagawa sa Komunikasyon ng Pilipinas, has submitted the results of their strike vote to the National Conciliation and Mediation Board on 25 November.

Globe Business expands digital defense to shield enterprises from growing cyber risks

Globe Business is ramping up its cybersecurity initiatives in response to the escalating scale and complexity of cyber threats worldwide.

Just in

7-Eleven Pushes Toward 5,000-Store Mark Nationwide

Philippine Seven Corp. is accelerating its nationwide expansion and is on track to hit the 5,000-store milestone this year, with growth in the Visayas and Mindanao driving the company’s next phase of expansion.

SRA distributes P14.5-M farm equipment to sugar farmers

The Sugar Regulatory Administration (SRA) has distributed 229 units of 4-in-1 knapsack power sprayers worth over P14.5 million to support sugarcane farmers in the Visayas.

Globe to launch Starlink satellite-to-phone service in June

Globe Telecom is set to launch a new satellite-to-mobile service with Starlink as early as June, pending government approval. The service will first be available to Android users and will allow mobile phones to connect directly to satellites in areas with no regular cell signal.

Political strains put rule of law in spotlight—FPI

Business groups are raising fresh concerns over investor confidence...
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