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PSE adopts two-day clearing cycle

The Securities Clearing Corporation of the Philippines, wholly-owned subsidiary of the Philippine Stock Exchange Inc., has migrated to a shortened settlement cycle of only two days.  

Serial hikes push year-to-date gasoline price a tad shy of P15 per liter

The price of petroleum products rises for the ninth week in a series beginning past midnight Tuesday, 5 September.

Cebu Pacific reigns supreme in domestic flights; PAL undisputed international carrier

Cebu Pacific has kept its position and rated as the country's leading domestic airline in the first six months this year, according to the Civil Aeronautics Board.

Manila, Hanoi seal ethical e-commerce pact

Ecommerce Thrive Asia-Philippines has teamed up with the largest fintech and e-commerce organization in Vietnam to establish a self-regulatory body ensuring ethical business practices and combat online fraud plaguing the industry. 

Malacanang appoints former DOF officials to the Monetary Board

Appointed to a fresh six-year term are Romeo L Bernardo, former undersecretary at the Department of Finance, and Rosalia V. De Leon, who is a third term Treasurer of the Philippines.

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DTI seeks P5 billion boost for MSMEs

The Department of Trade and Industry (DTI) is seeking an additional P5 billion for the Small Business Corp. (SB Corp.) next year as surging demand for financing pushes the government lender to expand its support for micro, small and medium enterprises (MSMEs).

Alphabet’s AI engine drives record quarter 

Alphabet Inc., the parent company search engine Google, is turning artificial intelligence into a powerful growth machine, posting a blockbuster second quarter as surging cloud demand, stronger search activity, and rapid AI adoption lifted revenues and profits to new heights.

Airbus advances hybrid-electric aviation tech with LEIA project

Airbus has launched the LEIA project, short for Large Scale Integration Demonstrator of Hybrid Electrical Architecture, to develop a complete hybrid-electric energy system for future commercial aircraft.

Clark Water rolls out El Niño plan boosting water security in Clark Freeport

Clark Water has put in place a comprehensive El Niño Mitigation Plan to secure steady water supply across the Clark Freeport Zone amid prolonged dry weather.

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