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Kia Sportage return drives ACMobility’s EV expansion

The return of the fifth-generation Kia Sportage signals more than the comeback of a popular sport utility vehicle. It underscores ACMobility's strategy of expanding consumer choice while building the infrastructure needed to accelerate the Philippines' transition to electric mobility.

BIR files P22.71-B tax evasion case against Sunwest Inc., top officers before DOJ

The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.

Elon Musk learns trillion-dollar fortunes can wobble

Elon Musk has just misplaced about USD260 billion. Before anyone starts a crowdfunding campaign, though, he's still worth an estimated USD745 billion—comfortably enough to remain the world's richest person.

EU presses final push for Philippines trade deal

The European Union is calling for greater flexibility from both sides as negotiations for a free trade agreement (FTA) with the Philippines enter what Brussels describes as the "final stretch," raising expectations that a long-awaited pact could soon unlock new trade and investment opportunities.

Figaro clears key hurdle for Angel’s Pizza spin-off

Listed food company Figaro Culinary Group Inc. has moved a step closer to carving out its fast-growing Angel's Pizza business after securing a key regulatory approval for its planned corporate restructuring.

Just in

Kai Sotto block seals thrilling Gilas comeback win

Gilas Pilipinas was hanging on by a thread in overtime, with Jordan threatening to snatch away a game the Philippines had spent the night clawing back into.

ICTSI to fully acquire African port operator TLG in key expansion move

International Container Terminal Services Inc. (ICTSI) announced Friday it will acquire 100 percent ownership of TLG Acquisition Holdings (RF) Proprietary Limited (TLG), a leading integrated port and cargo-handling services provider operating across Mozambique, Namibia, and South Africa.

Gokongwei takes helm as PhilWeb scales AI

Listed PhilWeb Corp. (PSE: WEB) has elected Lance Y. Gokongwei as chairman of its board, completing a governance overhaul following his P2.02 billion strategic investment in the company and appointment as a director in July.

Philippines keeps ‘A-‘ investment grade rating from JCR, stable outlook signals strong economic footing amid global risks

The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.
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