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Half of all retail transaction no longer cash based by yearend – BSP

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Retail transactions completed in the digital sphere is on track towards the yearend target of 50 percent having already averaged 42.1 percent a month...

Cebu Pacific takes delivery of new aircraft

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Cebu Pacific on Friday took delivery of its eighth aircraft this year, a brand new A320neo from Airbus’ final assembly line (FAL) in Tianjin, China...

Philippines gross savings rise 26.6% In 2022

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The country’s gross savings reached P4.90 trillion in 2022, a 26.6 percent growth from 2021 when total savings dropped from the previous year due...

Down trending inflation a boon for telcos – Globe

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Globe Telecom Inc. on Friday looked forward  improved business performance in the second half of the year due to the continued downtrend in inflation,...

Robinsons Land lists P15 billion fixed-rated bonds

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Robinsons Land Corp., the real estate developer of the Gokongwei Group, on Friday listed on the Philippine Dealing & Exchange Corp. its ₱15-billion fixed...
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DA, SRA race to secure sugar industry input amid Middle East disruption

Agriculture 0
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Corporate 0
Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

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Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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