News

THE Maritime Industry Authority (MARINA) said it will push legislation to boost the competitiveness of Philippine ...
THE House of Representatives is “all systems go” for next week’s budget deliberations, with the chamber’s appropriations ...
THE PESO weakened against the dollar on Thursday as players repositioned before the release of July US producer inflation data overnight. The local unit closed at P56.945 per dollar, dropping by 22.5 ...
LISTED fastfood giant Jollibee Foods Corp. (JFC) reported a 5.6% year-on-year increase in second-quarter (Q2) attributable net income to P3.21 billion, supported by higher system-wide sales (SWS). SWS ...
Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its ...
LISTED Metro Retail Stores Group, Inc. said its second-quarter (Q2) net income more than doubled to P132.9 million from P50.1 million a year ago, driven by higher sales and store openings. Net sales ...
ANDREW L. TAN-LED conglomerate Alliance Global Group Inc. (AGI) posted a 25% rise in second-quarter (Q2) attributable profit to P5.3 billion on a normalized basis, driven by its real estate and ...
AYALA CORP. raised its stake in listed education holding company iPeople, Inc. after acquiring P351 million worth of shares from listed holding company A. Soriano Corp. (Anscor). Anscor and Ayala ...
Mike Chai aims to cut wage costs at his kitchen cabinet factory by about 30% to remain competitive against other Chinese firms, which have stopped selling to the US due to steep tariffs and are now ...
GOTIANUN-LED Filinvest Development Corp. (FDC) reported a 44% year-on-year increase in second-quarter (Q2) attributable net income to P3.78 billion, driven by gains across its banking, real estate, ...
Pop superstar Taylor Swift said her forthcoming album, the upbeat The Life of a Showgirl, was inspired by the joy she felt when she was performing around the world on her record-setting Eras Tour. Ms.
THE IMPACT of higher US tariffs and ongoing global trade tensions on banks in Asia-Pacific, including the Philippines, is expected to be “manageable” as they have ample liquidity and buffers against ...