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Philippine Daily Inquirer makes strategic move to survive

The Philippine Daily Inquirer on Friday announced a strategic shift in its operations, transferring the publication of its print edition to its sister company,...

Move It appeals LTFRB sanctions, citing unfair treatment and economic fallout

Motorcycle taxi operator Move It has formally appealed a regulatory order from the Land Transportation Franchising and Regulatory Board (LTFRB) that would slash its Metro Manila fleet by more than half and suspend its operations in Cebu and Cagayan de Oro.

Fuel sales drive Top Line earnings to record levels

Top Line Business Development Corp. said Friday net income last year surged 49 percent  to P115 million, underscoring the strong growth trajectory of the Cebu-based oil and fuel distributor.

PAL, Alaska Air in loyalty tie-up to boost US-PH connectivity

Philippine Airlines (PAL) and Alaska Airlines (AS) have entered into a loyalty program partnership aimed at enhancing travel flexibility and expanding market reach across the United States and the Philippines. The agreement underscores both carriers’ efforts to strengthen their frequent flyer offerings and network connectivity.

SSB issues guidelines for requesting Shari’ah opinions on Islamic Finance in BARMM

The Shari’ah Supervisory Board (SSB) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has released formal guidelines on how stakeholders can request Shari’ah opinions on Islamic banking and finance transactions.

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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.
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