Travelers and commercial shippers may soon enjoy direct transit options between Southeast Asia and the Nordic region following a landmark aviation deal between Manila and Reykjavik. Representatives from the Philippines and Iceland finalized an initial Air Services Agreement in Iceland, granting each country up to seven flight entitlements per week for both passenger and cargo operations.
Billease, the fintech brand operated by First Digital Finance Corp., announced Thursday it has signed a P1 billion credit facility with Philippine National Bank (PNB), the lender led by the Lucio Tan group.
Kerwin Max S. Tan, chief financial, risk and compliance officer of Robinsons Land Corp. (RLC), has been awarded CFO of the Year at the 25th Global Edition of the Asia Business Leader of the Year Awards in Singapore.
Converge ICT Solutions Inc. has launched two new business centers here in Tacloban and Ormoc, broadening its customer service network across the province of Leyte.
Senate President Sherwin Gatchalian is pushing a package of economic reforms aimed at reviving investment, creating jobs, cutting power costs, and easing regulatory bottlenecks, including the creation of a Senate panel to coordinate the measures.
COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.
Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.
Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.
Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.