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Oil heads for weekly fall on demand worries, dollar strength

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.

Ayala Group takes controlling stake in EV battery swapping joint venture

Ayala Corp. said Friday that along with a Globe Telecom Inc. subsidiary, it has taken a controlling stake in an electric vehicle battery swapping joint venture with a unit of Nasdaq-listed Gogoro Inc.

LTFRB lifts ban on sale of CPCs

THE Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday announced the lifting the prohibition on the sale and transfer of Certificates of Public Convenience (CPC) for Public Utility Vehicles (PUVs).

Aurora, Quezon declared avian influenza-free provinces

The Department of Agriculture (DA) on Thursday cleared the province of Aurora and Quezon from avian influenza (AI).

China quietly recruits overseas chip talent as US tightens curbs

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

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PNB hosts SSS and Pag-IBIG services for Filipinos in Japan

The Philippine National Bank (PNB) has received regulatory approval to allow the Social Security System (SSS) and Pag-IBIG Fund to hold client assistance and information sessions at its Tokyo and Nagoya branches.

RLC acquires Victoria Plaza site in Davao for redevelopment

Robinsons Land Corp. (RLC) has announced it will acquire the 9.6-hectare Victoria Plaza complex along JP Laurel Avenue in Davao City, as part of its expansion in key regional areas. The company did not disclose the purchase price.

Female executive breaks barriers in male-dominated spirits industry

In an industry long dominated by men, a top executive at Tanduay is proving that women are not minor participants—but essential—to its future.

VNH ramps up capability with Airbus H225 purchase

Vietnam Helicopter Corporation (VNH) has ordered three new Airbus H225 helicopters through its subsidiaries, Southern Vietnam Helicopter Company and Northern Vietnam Helicopter Company. The move aims to support the company’s growing offshore energy operations and replace older aircraft in its fleet.

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