Asian Terminals, Inc. is set to exit the stock market on April 3 after securing regulatory approval for its voluntary delisting, following a successful tender offer that effectively consolidated ownership under its key shareholders.
The Philippine software industry must pivot from a labor-intensive outsourcing model to a knowledge-driven, high-productivity ecosystem as artificial intelligence (AI) reshapes global demand, according to Jonathan de Luzuriaga of the Philippine Software Industry Association.
President Ferdinand Marcos Jr. on Wednesday signed into law Republic Act No. 12316, a measure granting him the authority to suspend or reduce excise taxes on petroleum products in response to surging global oil prices.