Listed technology firm Cirtek Holdings Philippines Corp. is divesting a substantial portion of its US-based antenna business in a move that signals a continued effort to streamline operations and sharpen its strategic focus amid evolving conditions in the global telecommunications sector.
Vietnamese electric vehicle maker VinFast is introducing a new ownership model in the Philippines, betting that battery subscriptions can make electric motorcycles more affordable and attractive to cost-conscious commuters, delivery riders, and ride-hailing operators.
Philippine Airlines (PAL) has secured a key endorsement from global credit watcher Fitch Ratings, which assigned the flag carrier its first-ever 'BB' Long-Term Issuer Default Rating with a Stable Outlook, highlighting the airline's improved financial resilience and disciplined recovery strategy following years of industry upheaval.