Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.
Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.
The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.
The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.
The Department of Trade and Industry is lining up tax relief and automation incentives to keep Philippine garment exporters competitive as costs rise and regional rivals move faster.
Business groups welcomed the signing of the Philippines–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), calling it a strategic milestone that broadens trade reach, strengthens investment flows, and opens new pathways for exporters and small businesses.
Meralco and the Philippine National Police (PNP) have shut down an illegal electric meter selling operation in Sta. Cruz, Manila as part of efforts to stop electricity theft.