The proposal of Metro Pacific Investments Corp. (MPIC) to take over the operations and maintenance of Metro Rail Transit (MRT) Line 3 may be at peril after the Department of Transportation (DOTr) disclosed that San Miguel Corp. has secured an original proponent status (IOPS) for the rail line.
Tycoon Lucio Tan has been appointed chairman emeritus of Philippine National Bank (PNB), while his wife, Carmen K. Tan, joins the lender's advisory board.
The country's big commercial and universal banks extended loans just shy of P11 trillion in July this year, marginally lower than the previous June when these same loans aggregated P10.985 trillion, according to the Bangko Sentral ng Pilipinas (BSP).
Eastern Communications, who pioneered the data center business in the country, has partnered with Singapore-based Digital Edge to provide connectivity solutions to latter's data center clients.
Economic Planning Secretary Arsenio Balisacan said the government is looking at other options to shield consumers from exorbitantly priced rice as it prepares to...
PHINMA Corp. has promoted three senior officials to vice president positions as part of efforts to strengthen its leadership team and support business growth.
FAST Logistics Group is rolling out a suite of income support programs for truck owners and aspiring transport entrepreneurs in Bacolod City, aiming to cushion the impact of rising operating costs while creating more predictable revenue streams.
Oracle NetSuite introduced in Manila on Tuesday a range of new artificial intelligence (AI) features aimed at helping businesses in Southeast Asia improve efficiency and grow faster.
A new partnership has been formed to improve respiratory care services at Mayor Hilario A. Ramiro Sr. Medical Center (MHARSMC), the largest government-run hospital in the city.