The Philippine Competition Commission (PCC) has fined the Boracay Business Administration of Scuba Shops (BBASS) and 39 affiliated dive operators a combined P2.17 million for operating what regulators described as an illegal price-fixing arrangement that suppressed competition in one of the country's premier tourism destinations.
Manila Water is assuring customers in its East Zone concession area of uninterrupted 24-hour water supply as El Niño conditions and reduced allocations from Angat Dam raise supply concerns, supported by key investments in alternative water sources including the now-operational East Bay Phase 1 Water Treatment Plant.
President Ferdinand R. Marcos Jr. has reappointed Walter C. Wassmer and Jose L. Querubin as members of the Bangko Sentral ng Pilipinas (BSP) Monetary Board, the central bank’s highest policy-making body.
BDO Pay is launching a range of limited-time promotions and features to help users get more value from their regular spending, with discounts, freebies, and rewards available across dining, shopping, and bill payments.
Over 9,900 agrarian reform beneficiaries (ARBs) across the Bicol Region now fully own their farmland and are relieved from more than ₱418 million in unpaid debts, the Department of Agrarian Reform (DAR) announced Thursday.
Aboitiz InfraCapital Inc. (AIC) and the Municipality of Panglao are exploring closer coordination to improve the visitor experience in one of Bohol’s busiest tourism destinations, building on upgrades at Bohol-Panglao International Airport (BPIA).
Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.
Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.
PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.