Malaysia's Capital A Berhad, having acquired full ownership of AirAsia Philippines, on Monday bared pushing through with the sale of airline shares in a planned initial public offering (IPO).
InDrive, a global mobility and urban services platform, on Monday obtained Land Transportation Franchising and Regulatory Board (LTFRB) accreditation as a transport network company (TNC), paving the way for the company to offer ride-hailing services in the country.
The Philippines has reinforced its position as a leading regional dive destination, securing Asia’s Leading Dive Destination title for an eighth consecutive year as the government looks to turn international recognition into broader gains for the country’s marine tourism sector.
Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.