Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.
Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.
A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.
The Department of Trade and Industry (DTI) has placed nicotine pouches under mandatory product certification, giving manufacturers and other industry players 12 months to meet new standards before uncertified products can no longer be sold in the Philippine market.
San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.
The Securities and Exchange Commission ordered three entities to immediately stop soliciting public investments without required registration and licenses.
Most families expect complicated paperwork, long waits and added stress when filing an insurance claim. For the Benedicto family, the experience proved surprisingly fast and straightforward, turning a difficult moment into one of reassurance.