News

THE PHILIPPINES’ balance of payments (BoP) position swung to a $167-million deficit in July as the government paid off external debt, the central bank said on Tuesday. Preliminary data from the Bangko ...
MANILA continued its downward slide in the latest global index of “smart cities” by International Society for Urban Informatics (ISUI), even ranking last among select Asia-Pacific cities.
US PRESIDENT Donald J. Trump’s proposal to impose up to 300% tariffs on semiconductor chip imports to the US would kill global trade, according to Philippine Economy Secretary Arsenio M. Balisacan.
HOTEL101 GLOBAL Pte. Ltd., the Singapore-based unit of DoubleDragon Corp. (DD), is building two hotel projects in Cambodia that are slated for completion by 2028. Hotel101 entered into definitive ...
MEDIA company ABS-CBN Corp. said it has signed the deeds of absolute sale (DoAS) covering part of its Quezon City property with property developer Ayala Land, Inc. (ALI), formalizing a P6.24-billion ...
LOCAL BROKERAGE Unicapital Securities, Inc. has lowered its year-end forecast for the Philippine Stock Exchange index (PSEi) to 7,100 from 7,800, citing slower corporate earnings growth. “We forecast ...
SHAKE SHACK fans can now have a taste of its latest collaboration with A Spark of Madness, a Hong Kong-based brand of sauces ...
ALTERNERGY Holdings Corp. has secured approval from the Energy Regulatory Commission (ERC) to build a P2.8-billion transmission facility to connect its 128-megawatt (MW) wind power project in Tanay, ...
WHEN VINEXPO ASIA returned to Singapore last May, the energy may have felt more subdued compared to its 2023 debut, but for me, it was all about encounters with fellow oenophiles, both new and old ...
MEGAWIDE Construction Corp. saw its second-quarter (Q2) attributable net income decline by 14.6% to P220.79 million on lower revenues for the period. For April to June, the company’s total revenues ...
INSTRUCTURE Holdings, Inc., a US-based education technology company, has set up its headquarters in the Philippines as part of its expansion in Asia. “This is the first significant investment that ...
Americans are deeply concerned over the prospect that advances in artificial intelligence (AI) could put swaths of the country out of work permanently, according to a new Reuters/Ipsos poll. The ...