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UnionBank’s 4-peat as best retail bank in the Philippines

Aboitiz-led Union Bank of the Philippines achieved a four-peat after bagging the Best Retail Bank of the Philippines award for the fourth consecutive year...

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.

Just in

Fuel shortage threatens Philippine nickel operations

Nickel mining operations in the Philippines could grind to a halt within 15 to 30 days if fuel supply disruptions persist, industry leaders warned, raising concerns over output and export stability.

PPPI, BCDA partner to make Clark pharma hub

The Philippine Pharma Procurement, Inc. (PPPI) and the Bases Conversion and Development Authority (BCDA) have joined forces to position Clark as a regional hub for pharmaceutical manufacturing and life sciences.

Port users, exporters back energy relief law

Key industry groups, led by the United Portusers Confederation of the Philippines, Inc. (UPC) and Philippine Exporters Confederation, Inc., have voiced strong support for the government’s energy emergency declaration and a new law allowing the suspension or reduction of excise taxes on petroleum products.

Leaders urge long-term cybersecurity strategies for Philippines 

Long-term, comprehensive cybersecurity strategies took center stage at Filipinnovation, a summit hosted by Concentrix, as industry leaders warned of increasingly complex digital threats facing the Philippines.
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