PHINMA Corp. is deepening its investment in the fast growing Visayas hub of Bacolod City after breaking ground for TRYP by Wyndham Bacolod, a lifestyle hotel designed to anchor its Saludad township and capture the city’s rising tourism and business activity.
Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.
Philippine businesses remain optimistic about long-term growth, but financial executives are exercising greater discipline as global uncertainties persist, according to Carlo Lazatin, president of the Financial Executives Institute of the Philippines (FINEX).
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences.
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.
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.
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.
Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.