Corporate

The Government Service Insurance System (GSIS) reported net income of P80 billion for the first 10 months of the year, an increase of 117 percent from P37 billion in the same period last year.

Chemical manufacturer D and L Industries Inc. expects 2024 to remain a challenging year but optimistic the environment to be better, with more stable interest rates and raw material costs.

Felipe L. Gozon over the weekend announced his retirement as chief executive at GMA Network Inc., the country's leading multimedia network. 

Exporters are pushing Congress to pass several economic and trade-related bills needed to sustain the rebound in exports amid the continuing weakness in the global economy, as they also hope for the renewal of some trade preference programs that help the country maximize overseas market openings for its products.

Microsoft's partnership with ChatGPT maker OpenAI is under US and UK antitrust scrutiny, the British regulator and a media report said on Friday, following the startup's boardroom battle that led to the sudden ouster and return of CEO Sam Altman.