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Manila-to-Perth route signals PAL international network rebuild

Philippine Airlines is rebuilding its international network and on Tuesday inaugurated its Manila-to-Perth, Australia route, the airline’s newest after the pandemic. “This new route expands...

AUB net income jumps 56% to P6.3B in 2022

The net income of Asia United Bank (AUB) jumped 56 percent to P6.3 billion, boosted mainly by increased loan volume, higher margins, and improvement on loan loss provisions.

Semirara cash dividends total P14.88 billion 

Semirara Mining and Power Corp. said its board  approved cash dividends that total P14.88 billion and will be sourced from unappropriated retained earnings of the coal miner and power producer.

Pork producers appeal for government to consider the Cebu protocol on sick hogs

The Pork Producers Federation of the Philippines Inc. (ProPork) has urged the Department of Agriculture (DA) and the Bureau of Animal Industry (BAI) to consider the Cebu provincial government strategy in mitigating the impact of the African swine fever (ASF) on its hog population.

Diokno tells Fil-Chi biz community: Unity, vital for economic recovery

Finance Secretary Benjamin Diokno underscored the Marcos administration’s message of unity and committed to strengthening inter-sectoral ties for economic recovery as he addressed the Filipino-Chinese business community.

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Philippine travel firms show resilience amid slowdown

Travel companies across Southeast Asia are bracing for a softer second quarter in 2026, but Philippine firms appear less downbeat than their regional peers, according to findings shared by the Philippine Tour Operators Association (PHILTOA).

OpenAI shutters Sora, refocuses on Core AI

OpenAI said it will discontinue Sora, its high-profile text-to-video app, just six months after launch, underscoring a strategic pivot toward more commercially viable artificial intelligence products.

Gov’t moves to tamp rice prices with P50 per kilo ceiling

The National Price Coordinating Council (NPCC) has approved a proposal from the Department of Agriculture to set a temporary price ceiling of ₱50 per kilogram on imported rice (5 percent broken).

Lorenzo Shipping wins SEC nod for capital hike

Lorenzo Shipping Corporation has secured regulatory approval to double its authorized capital stock to P2 billion, a move that paves the way for the capital infusion of National Marine Corp. (NMC) and further capital raising to fund expansion.
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