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Globe Telecoms submarine fiber optic cable only weeks away from completion

Digital solutions platform Globe is on track to complete the country’s longest submarine cable network by April this year.  Globe, together with partners Eastern Communications...

RCBC rewards shareholders with P2.2B cash dividend

Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) is spending approximately P2.2 billion to reward holders of common shares and preferred shares with cash dividends. The listed...

UnionBank’s 4-peat as best retail bank in the Philippines

Aboitiz-led Union Bank of the Philippines achieved a four-peat after bagging the Best Retail Bank of the Philippines award for the fourth consecutive year...

Manila-to-Perth route signals PAL international network rebuild

Philippine Airlines is rebuilding its international network and on Tuesday inaugurated its Manila-to-Perth, Australia route, the airline’s newest after the pandemic. “This new route expands...

AUB net income jumps 56% to P6.3B in 2022

The net income of Asia United Bank (AUB) jumped 56 percent to P6.3 billion, boosted mainly by increased loan volume, higher margins, and improvement on loan loss provisions.

Just in

BIR sets year-end deadline for e-invoicing compliance

Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.

Philippine-EU trade deal key as GSP+ exit nears

The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.
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