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Shakey’s closing more stores amid economic, political challenges

Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.

BSP rule boosts digital banking, trashes SMS/email OTP for high-risk transactions

Digital banking and e-wallet users now enjoy stronger protection against fraud and unauthorized access, as Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions begin rolling out advanced authentication systems ahead of a key deadline.

Emperador reduces capital spending to P2.4 billion as major projects complete

Liquor maker Emperador Inc. has lowered its capital expenditure budget for this year to P2.4 billion. This is a significant drop compared to previous years, as the company has finished most of its large-scale investment projects.

Philippines, Lao PDR expand agricultural cooperation to boost trade and food security

The Philippines and Lao People’s Democratic Republic have strengthened their bilateral agricultural ties through an updated Memorandum of Understanding (MOU).

Electrified Land Cruiser debuts in Philippine market

Toyota Motor Philippines (TMP) has introduced the electrified Land Cruiser, marking a major step in the evolution of one of the country’s most iconic...

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WTO presses Manila to cut trade costs

The Philippines has made notable gains from trade-driven growth, but sustaining that momentum will require a sharper focus on reducing trade costs, improving logistics, and streamlining border procedures, according to the World Trade Organization (WTO).

Venus, Alex make winning start in Bad Homburg Open

Alex Eala and tennis icon Venus Williams turned an...

Allianz PNB Life marks 10 years of serving Filipinos

Allianz PNB Life is celebrating ten years of operation in the Philippines this year, marking a major milestone for the life insurance provider.

Vivant Energy acquires developerof 200 MW Samar wind farm

Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.
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