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Security Bank, Pays0 partner to streamline digital business payments

Security Bank has teamed up with licensed Electronic Money Issuer Pays0 Inc. to help businesses move funds quickly and reliably. The partnership was formalized in a July 28 agreement signed at Security Bank Centre in Makati City.

MacroAsia-Lufthansa Technik JV breaks ground on new MRO facility at Clark International Airport

MacroAsia Corp. (MAC), working in a joint venture with Germany’s Lufthansa Technik AG, has started construction of a new aircraft base maintenance facility at Clark International Airport, expanding its aviation maintenance, repair and overhaul (MRO) operations in the Philippines.

Cebu Pacific launches P8 seat sale for 2027 travel

Cebu Pacific is offering one-way base fares starting at just P8 for selected domestic and international routes, as it works to draw more passengers and encourage people to book trips for next year.

DMCI expands into offices with Makati mixed-use project 

DMCI Project Developers Inc. (DMCI-PDI) is entering the commercial office market with its first office tower in Makati, broadening its property portfolio as demand increasingly shifts toward transit-oriented, sustainable workplaces despite a still-elevated vacancy environment.

Eala rides title wave into first round Toronto triumph

The confetti from Washington had barely settled before Alex Eala was back at work.

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URC 1H net income rises 10% on strong 2Q recovery

Universal Robina Corp. (URC), the food business of the Gokongwei group, reported Thursday that its net income for the first half ending June reached P6.91 billion, a 10 percent increase from the P6.27 billion recorded in the same period last year. Total revenues for the six-month period also rose 4 percent to P89.33 billion from P85.88 billion a year earlier.

Spot power prices drop 13% in July, lower utility bills expected 

Electricity prices at the Wholesale Electricity Spot Market (WESM) fell by 13.1 percent nationwide in July, driven by lower overall demand across the country. According to data released by the Independent Electricity Market Operator of the Philippines (IEMOP) during an online briefing, the national spot price dropped to an averaged P8.31 per kilowatt-hour (kWh) as of July 25, down from P9.56 per kWh in June.

Cebu Pacific swings to P5.9-B H1 loss on high fuel costs, forex hits

Cebu Pacific posted a net loss of P5.9 billion in the first half of the year, a sharp reversal from the P8.9-billion net profit recorded in the same period last year, due to surging fuel prices and foreign exchange losses.

PSAC urges AI task force to prepare future workforce 

The Private Sector Advisory Council (PSAC) is urging the government to fast-track the country's artificial intelligence agenda, proposing a national task force and education reforms designed to equip Filipino workers for an economy increasingly shaped by AI and advanced technologies.
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