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PAL acquiring 9 new aircraft from Airbus

Philippine Airlines (PAL) is acquiring nine A350-1000 aircraft from Airbus for an estimated $3.2 billion.  The Lucio Tan-led airline on Wednesday signed a memorandum of...

PPA remits P4.44 billion as dividend to Treasury

The Philippine Ports Authority (PPA) on Wednesday remitted P4.44 billion to the national government last year, up 9 percent  from P4.08 billion in 2021.   "The...

Inaugural AI Summit PH to redefine the future with AI

More than 1,000 industry professionals from across industries and sectors are expected to gather today at the very first AI Summit in the Philippines...

Shopping habits shift as inflation bites

Enterprises seeking to understand the opportunities and challenges in the consumer packaged goods (CPG) sector should take note of the major trends impacting the...

Pilipinas Shells projects income consistent with 2023 GDP outcome

Shell Pilipinas Corp. looks to generate 6 percent more income this year than last year on the back of higher spending for fuel as...

Just in

Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines

Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.

Philippines weighs looser fuel rules

Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.

Oil surge rattles peso, tests policy

The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
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