AirAsia Philippines reported a surge in bookings in the first seven months of 2024, fueled in part by the itinerant tendencies of tech-savvy Gen Z and Millennial travelers.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. said Friday that government will expand coverage of the P29 rice program to include areas outside of Luzon by next month.
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
President Ferdinand R. Marcos Jr. on Wednesday witnessed the formal presentation of the Concession Agreement for the Tarlac-Pangasinan-La Union Expressway extension project, a cornerstone of the Build Better More infrastructure program and aims to shorten to 40 minutes the usual 90-minute drive between Rosario and San Juan, both towns of La Union.
The Philippines' trade deficit widened in May to USD4.6 billion from USD4.4 billion in the year-earlier period as the decline in exports, led by lower sales of electronic products, was magnified by a margin decline in imports.
Banks across the Philippines are significantly increasing their technology investments, with a strong focus on cybersecurity infrastructure and operational efficiency.
Mitsubishi Motors Philippines Corp. (MMPC) has reiterated its commitment to the Philippine automotive sector and overall economic development during a meeting with the Board of Investments (BOI), led by executive director Corazon Halili-Dichosa.
DITO CME Holdings Corp., the telecommunications venture of Davao-based businessman Dennis Uy, said its capital deficiency widened to P78.04 billion at the end of March from P73.39 billion at the end of 2024 as losses continue to mount.