Corporate
Microsoft to lay off 6,000 workers globally
Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.
Security Bank wins Best Customer Loyalty Program Award
Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.
Haus Talk board approves acquisition of Antipolo property
Property developer Haus Talk Inc. (HTI) has secured board approval for the acquisition of 13.6 hectares of prime land in Antipolo, Rizal from the long-defunct National Steel Corp. (NSC). The transaction marks a key expansion of HTI’s land portfolio, aimed at reinforcing its position as a “value for money” residential real estate developer.
AREIT 1Q profit jumps 43% as new Ayala assets drive strong growth
AREIT Inc., the real estate investment trust (REIT) of Ayala Land Inc., reported a 43 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱2.1 billion from ₱1.5 billion, buoyed by strong asset performance and expanded property infusions.
ICTSI completes Phase 1 of Gdynia Quay Project
International Container Terminal Services, Inc. (ICTSI) has announced the completion of Phase 1 of a quay upgrade at its Baltic Container Terminal (BCT) in the Port of Gdynia, aimed at boosting the port’s ability to handle larger vessels and expanding its commercial throughput capacity.
