Sunday, 17 August 2025, 2:08 pm

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    Move It uses technology to finger one of its own

    The motorcycle taxi company Move It over the weekend committed to help the Land Transportation Franchising and Regulatory Board (LTFRB) and the Philippine National...

    MPTC acquiring 35% of Jakarta toll operator

    Metro Pacific Tollways Corp. is acquiring a 35-percent stake in a state-owned toll road operator in Jakarta in transactions seen completed this week. 

    Rebate system allows Aboitiz Power units to push community-boosting programs

    SN Aboitiz Power (SNAP) subsidiaries SN Aboitiz Power-Benguet and SN Aboitiz Power-Magat have agreed to set aside a fraction of their sales in the region for community projects pursued by the Regional Development Council-Cordillera Administrative Region (RDC-CAR).

    Pinoys worry over proliferation of smuggled cigarettes

    Majority of Filipinos are aware of the rampant smuggling and illegal sale of cigarette products in the country, with a significant number expressing concerns about the associated health risks, a Pulse Asia survey showed.

    NG deposits, bond proceeds help push May BOP into surplus

    The country’s balance of payments (BOP) stood as a surplus of USD 2 billion in May, a reversal from the USD 439 million deficit recorded a year earlier. 

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    USABC wraps largest-ever defense mission to Manila

    The US-ASEAN Business Council (USABC) concluded its 2025 Aerospace, Defense, and Security (ADS) Mission to the Philippines, marking the largest industry delegation in its 41-year history. Held from 14 to 15 August, the mission brought 26 top U.S. defense and aerospace firms to Manila to strengthen strategic ties amid deepening U.S.-Philippines security cooperation.

    Globe accelerates network expansion

    Globe Telecom ramped up its network infrastructure development in Q2 2025, highlighting aggressive expansion and 5G rollout efforts aimed at meeting the country’s surging digital demand.

    Abacore Capital reports 15% profit surge in 2024

    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.

    BSP unveils art exhibit on culture and capital

    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.

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