SM Hotels and Convention Corp., a subsidiary of SM Prime Holdings Inc., has planned a P15-billion expansion in the wake of strong surge in occupancy rates across its hotels and convention centers in 2024, propelled by growing travel and MICE--Meetings, Incentives, Conferences, and Exhibitions--demand.
BDO Capital president Eduardo V. Francisco recently emphasized the country's promising growth prospects, positioning the country as a key player in the evolving global economy. Francisco said that the Philippines remains resilient, with growing international confidence and heightened foreign interest in the country's investment potential.
Nickel Asia Corp., a major player in natural resources development, and emerging nickel producer DMCI Mining Corp. have forged a deal to jointly explore the feasibility of developing and operating a nickel processing plant in the Philippines.
Inflation in the Philippines for February defied expectations, slowing to a lower-than-anticipated 2.1 percent, according to the Philippine Statistics Authority (PSA). This marked a significant drop from January’s 2.9 percent and was below the Bangko Sentral ng Pilipinas’ (BSP) forecast range of 2.2 percent to 3 percent.
Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....
Curious about crypto but held back thinking it’s too complex or expensive? Maya Crypto changes that — you can buy, sell, and receive supported cryptocurrencies right inside the Maya app, no separate platform needed. You can start purchasing for as little as ₱1, so there’s no big budget required to get started.
The Philippine banking sector maintained its solid footing through the first half of 2026, keeping the country’s economic engine running by ensuring a steady flow of money to everyday consumers and growing businesses.
Philippine Airlines (PAL) has sealed deals with Airbus and Rolls-Royce to acquire nine additional Airbus A350-1000 aircraft, moving forward with its major long-haul fleet expansion. The deal also includes purchase rights for five more planes and a supply of Trent XWB-97 engines, bringing PAL’s total commitment for this aircraft model to 18 units.
Converge Information and Communications Technology Solutions Inc. reported a 9 percent drop in net income for the first nine months of 2026, falling to P8.08 billion from P8.9 billion in the same period last year — even as total revenues rose thanks to strong momentum in its enterprise business.