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CIAC dividend surge earns Marcos recognition for fiscal discipline

The Clark International Airport Corporation (CIAC) has earned recognition from President Ferdinand R. Marcos Jr. after remitting P585.71 million in dividends to the National Treasury, highlighting the state-run firm's growing financial strength and its expanding contribution to government revenues.

US pushed Pax Silica as Foxconn looms large

The US is moving to fast-track the proposed Pax Silica initiative, a flagship technology project that the Philippine government believes could unlock hundreds of thousands of jobs and attract multi-billion-dollar investments from global technology giants, including Taiwan's Foxconn.

Before outsourcing your brain to AI, read this first

Artificial intelligence is having quite the glow-up. It can write your emails, summarize your meetings, plan your vacation, and even explain quantum physics without breaking a sweat. 

Agricultural imports rise, narrow trade deficit

The Philippines' agricultural trade deficit narrowed in May as double-digit export growth was magnified by slower import growth. 

Lance Gokongwei joins PhilWeb board

PhilWeb has landed a heavyweight addition to its boardroom, welcoming businessman Lance Y. Gokongwei as director following his recent P2.03-billion strategic investment in the listed technology company. 

Just in

DP World expands Southeast Asia logistics network with PH opening

DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.

Philippines, Singapore modernize tax treaty to boost investment

The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.

Semirara cuts workforce as seawater threatens Acacia mine

Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.

Shell, Landers link fuel and retail membership perks

Shell Pilipinas Corp. and Landers Superstore are combining their fuel and retail networks under a strategic partnership aimed at expanding customer reach while extending membership benefits across fuel purchases and everyday shopping.
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