Company registration at the Securities and Exchange Commission (SEC) hit a record high last year. It reported 42,926 corporate registrations, 13 percent higher than only 38,052in 2021, a record high in the agency’s 85-year history. In 2021, the number of company registrations jumped 67 percent as the business sector started to recover from the pandemic in 2020.
The Department of Transportation (DOTr) has reinstated the head of the Land Transportation Franchising and Regulatory Board (LTFRB), who was involved in alleged corruption at the agency.
Globe Telecom Inc. reported net income dropping 27 percent in the first nine months ascribed to higher depreciation expense and increased non-operating charges.
A transport group has slammed the proposal of a lawmaker to halt the operations of Move It, a local motorcycle taxi operator, as this could affect the lives of some 6,500 families.
Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.
The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
Security Bank and MUFG Bank Manila have refreshed the Tsuruki-en (“Crane and Turtle”) Japanese Garden at Washington SyCip Park, returning a beloved nature retreat to the community.
Maxim Rides & Food Delivery has rolled out a new feature letting driver-partners add emergency contacts within the app, offering them another reliable way to call for help. Drivers can select trusted people who will be alerted if an emergency arises.