Monday, 09 June 2025, 1:05 pm

    Reuters

    136 POSTS

    BlackBerry posts surprise quarterly profit on resilient cybersecurity demand

    Canada's BlackBerry reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats.

    Toyota shares slide as unit Daihatsu’s safety scandal widens

    Toyota Motor's shares fell more than 4 percent on Thursday after its small-car unit Daihatsu Motor said a day earlier it would halt shipments of all of its vehicles for an indefinite period after discovering more safety-inspection irregularities.

    Biden administration takes first step toward writing key AI standards

    The Biden administration said on Tuesday it was taking the first step toward writing key standards and guidance for the safe deployment of generative...

    BSP can consider policy easing if inflation on downward path

    The Philippine central bank can start considering an easing of its monetary policy if inflation continued on its path and expectations remain well anchored, its governor said on Wednesday.

    Oil prices extend gains as Red Sea attacks disrupt supply chains

    Oil prices advanced on Tuesday, extending gains from the previous session, as attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.

    Just in

    New alliance brings automated accounting to Security Bank clients

    Security Bank has entered a strategic partnership with Juan Accounting Software, the country's only fully localized accounting and tax compliance platform, to provide enhanced financial tools to micro, small, and medium enterprises (MSMEs). The collaboration is designed to accelerate financial digitization among small businesses and boost operational efficiency.

    PH faces trade headwinds as Japan’s economy contracts

    Japan, the Philippines' third-largest trading partner, saw its economy contract by 0.2 percent year-on-year in the first quarter of 2025, according to revised government data released recently. While the updated figure marks an improvement from the earlier 0.7 percent decline estimate, it highlights a reversal from the 2.2 percent growth logged in 4Q 2024 and marks the first annual contraction in a year.

    HTI expands land bank with Antipolo acquisition

    HTI expands land bank with Antipolo acquisition Corporate Listed firm Haus Talk Inc. (HTI) has finalized the acquisition of the former National Steel property in Antipolo, Rizal, marking a major strategic expansion of its land portfolio. The deal reinforced its presence in the affordable housing segment and advanced its vision as a leading provider of “value for money” residential developments in the country. The newly acquired site will serve as the location of HTI’s next flagship residential and commercial project, slated to begin in the fourth quarter this year. The development is projected to deliver around 1,500 housing units and generate estimated revenues of ₱4.9 billion, making it one of the company's most significant investments to date. Benchmarking the design against its successful The Granary community in Biñan, Laguna, HTI plans to integrate residential units with commercial spaces, aligning with its mixed-use development strategy. “This acquisition underscores Haus Talk Inc.'s aggressive strategy to bolster our land bank and solidify our position as a dominant force in the affordable housing sector,” said Ma. Rachel D. Madlambayan, HTI president & CEO. Located in Antipolo, the project capitalizes on the area’s blend of urban accessibility and provincial charm—features increasingly in demand among homebuyers. The transaction is seen as a milestone in HTI’s growth strategy, further consolidating its market position amid rising demand for affordable housing and enhancing shareholder value through long-term revenue generation. HTI’s move also reaffirms its commitment to addressing the Philippines’ housing backlog through scalable, high-impact developments in prime areas.

    Emperador doubles down on whisky expansion

    Emperador Inc., a major player in the global whisky market and controlled by tycoon Andrew Tan, is investing P4 billion this year, with the lion’s share earmarked for bolstering its whisky portfolio — a strategic move aligned with rising demand worldwide for premium spirits.
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