The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say.
Small and medium-scale enterprises (SMEs) stand to gain several benefits if they digitalize their payment processing, among them increased business efficiency and lower expenses,...
Robinsons Retail Holdings Inc. said Friday the Philippine Competition Commission has cleared the acquisition by its unit, South Star Drug Inc., of the entire shareholdings of Rose Pharmacy Inc.
First Gen Corp. said Friday it has concluded the international tender for around 154,500 cubic meters of liquefied natural gas that will fuel four gas-fired power plants in Batangas.
Cebu Pacific on Tuesday bared considering a wet lease agreement with aircraft charter company Bulgaria Air as the number of grounded aircraft with engine issues around the globe steadily rises.
International Container Terminal Services Inc. (ICTSI) has fully acquired São Paulo-based logistics firm Companhia Regional de Armazéns Gerais e Entreposto Aduaneira (CRAGEA) through its wholly owned unit IRB Holding Ltda., after securing all regulatory approvals.
The Philippine Chamber of Commerce and Industry (PCCI) has thrown its support behind the Energy Regulatory Commission's (ERC) latest reforms, saying the measures could improve the country's investment climate by lowering electricity costs, expanding consumer choice, and speeding up regulatory approvals.
The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.
Listed PhilWeb Corp. is expanding beyond its traditional role as a gaming operator, striking an exclusive partnership with global gaming content provider Pragmatic Play to strengthen its position as a technology partner for the Philippines' regulated online gaming industry.