The Department of Transportation (DOTr) on Tuesday bared plans to privatize the operations and maintenance of Metro Rail Transit Line 3 and Light Rail Transit Line 2 as soon as the lease contract on one of them expires next year. Their proponents, the DOTr said, will be entertained through a bidding process.
Listed airline Cebu Air Inc. announced Monday the resignation of Frederick Go as director of the board of the country's largest budget carrier flying under the brand name Cebu Pacific.
Food-driven price pressures figure high in some of this year's inflation forecasts, such as that seen by the Metropolitan Bank and Trust Co. (Metrobank) which has retained its original 4.3 percent inflation print in 2024.
The country’s gross international reserves (GIR), a measure of capacity to pay for foreign loans and external trade obligations, stood at USD102.5 billion, the...
Inflation in December decelerated to 3.9 percent, its slowest pace since February 2022, but economic managers remain on their toes, with risks posed by El Nino weather event on prices agricultural commodities, particularly rice.
Senior economic officials on Friday laid out the government’s big, bold reforms aimed at improving governance, restoring investor confidence, and driving sustainable growth during a high-level dialogue with business leaders in Bonifacio Global City.
The business process outsourcing firm Foundever has expanded its disability inclusion program, launching a voluntary Self-ID system that allows employees to confidentially share disability and other identity information, alongside nationwide learning sessions marking the International Day of Persons with Disabilities. The initiatives aim to better address workplace barriers and support employees with disabilities.
Enterprises across Asia Pacific are rapidly shifting from AI experimentation to production, with 96 percent planning to increase AI investment by an average of 15 percent in 2026, according to the Lenovo CIO Playbook 2026, commissioned by Lenovo with insights from IDC.
Jose Teodoro “TG” Limcaoco is the President and Chief Executive Officer of the Bank of the Philippine Islands (BPI), a role he assumed in April 2021. He leads one of the country’s oldest and largest banks, chairs key management and credit committees, and oversees BPI’s banking, asset management, insurance, and international subsidiaries. Beyond BPI, he serves as Chairman of the Bankers Association of the Philippines and Philippine Payments Management Inc., making him one of the most influential figures in Philippine banking today.