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Tuna processor Alliance Select narrows loss to $2.6 million as revenue rise

Alliance Select Foods International Inc., a publicly-listed tuna processing company, reported on Monday a net loss of USD2.6 million last year, narrower than the USD3.5...

SEC catches Abra Mining fraudulent trading unregistered shares

The Securities and Exchange Commission (SEC) has caught Abra Mining and Industrial Corp. allegedly trading unissued and unlisted shares from 2015 to 2019 and slapped it a fine of some P560 million. 

Changing consumer preference, smuggling set tobacco manufacturer teeth on edge

Changing consumption patterns and smuggling have set the collective teeth of the Philippine Tobacco Growers Association (PTGA) and the National Federation of Tobacco Farmers...

Expanding mobile, broadband subscribers seen doubling DITO 2024 revenue

DITO Telecommunity is sanguine about the doubling of its revenue generation this year on the basis of its expanding mobile and broadband customer base. It also anticipates finally turning in profits the following year.

Afni expands operations in PH with new site in Santa Rosa, Laguna

Afni, a leading US-based business process outsourcing (BPO) firm, marked a significant company milestone with the opening of its newest site in Laguna. It is its third office in the Philippines and the first located outside of Metro Manila.

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FPIP exec elected to key post in PCCI Tanauan

The First Philippine Industrial Park (FPIP), represented by Ricky Carandang, has been elected external vice president of the Philippine Chamber of Commerce and Industry (PCCI) – Tanauan City Chapter.

Expanded work-from-home rule eases pressure on IT-BPM firms

The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

AI-Driven identity attacks surge worldwide, new report warns

A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.

Home Credit offers early access, flexible payments for new MacBook Neo

Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.
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