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BPI gets BSP nod for up to P30-B bond offering
MANILA, Philippines – Ayala-led Bank of the Philippine Islands (BPI) got the green light from the Bangko Sentral ng Pilipinas (BSP) to raise up to P30 billion through a bond offering to investors.In a...
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Diokno not alarmed over funding for Build, Build, Build
MANILA, Philippines – Budget Secretary Benjamin Diokno said he is not concerned over the government's capability to fund its over P8-trillion infrastructure program in the next 5 years, as it expects...
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Philippine peso weakens to new 11-year low
MANILA, Philippines – The Philippine peso weakened against the United States dollar to hit a new 11-year low, amid higher demand for the dollar and talks of a new chief at the US Federal Reserve.The...
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Davao City’s oldest hotel bares expansion plans
DAVAO CITY, Philippines – The company running the Apo View Hotel is spending P280 million to fund a long-needed upgrade for Davao City’s oldest operating hotel, which went through legal battles and a...
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What you should know about the PH startup ecosystem
MANILA, Philippines – Planning to quit your job to start your own business? Interested in investing your money and resources to a startup? Here are the things you should know.The 2017 Philippine...
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COL Financial reports possible system security breach
MANILA, Philippines — Online investing platform COL Financial Group Incorporated (COL Financial) announced a possible breach into their system that could enable suspected hackers to access client...
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Petron seeks TRO vs state-run PNOC over contract dispute
MANILA, Philippines – Ramon Ang-led Petron Corporation took the Philippine National Oil Company (PNOC) to court for allegedly breaching their lease agreements by seeking to void renewal clauses.Petron...
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PLDT completes P1-B fiber optic expansion in Mindanao
MANILA, Philippines – PLDT Incorporated completed its P1-billion domestic fiber optic cable links expansion in Mindanao, boosting its capacity and network in the region.PLDT said in a statement on...
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Philippines AirAsia picks Clark airport over NAIA as its main hub
MANILA, Philippines – Philippines AirAsia Incorporated targets to make the Clark International Airport its main hub for operations, as the Ninoy Aquino International Airport (NAIA) has inadequate space...
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Tokyo's Nikkei index posts longest-ever winning streak
TOKYO, Japan – Tokyo's Nikkei 225 on Monday, October 23, posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan's pro-business prime...
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PCC to exhaust options as CA affirms San Miguel telco buyout
MANILA, Philippines – The Philippine Competition Commission (PCC) will study its next steps after the Court of Appeals (CA) affirmed the validity of the P69.1-billion San Miguel Corporation (SMC)...
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Toshiba boss sorry as shareholders blast $18-B chip sale
CHIBA, Japan – Toshiba's president Tuesday, October 24, apologized "sincerely" over the $18-billion sale of its prized memory chip business, as shareholders demanded answers over the deal seen as...
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Millennium Global backs out from buying into embattled Calata
MANILA, Philippines – Listed holding firm Millennium Global Holdings Incorporated is no longer buying an 81% stake in Calata Corporation, after the local bourse expressed doubt over the embattled...
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Cebu Pacific launches program to train future Filipino pilots in Australia
MANILA, Philippines – Gokongwei-led budget carrier Cebu Pacific Air launched a new program to train would-be pilots in Australia.Dubbed the Cebu Pacific Cadet Pilot Program, it seeks to address the...
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Duterte shakes up composition of NEDA board
MANILA, Philippines – To fast-track key government projects, President Rodrigo Duterte has replaced some members of the board of the National Economic and Development Authority (NEDA), which is tasked...
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LIVE: Jack Ma in Manila
Bookmark this page to watch the livestream with Alibaba founder Jack Ma on Wednesday, October 25, at 10AMMANILA, Philippines – Chinese business magnate Jack Ma faces the media at an exclusive press...
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LIVE: Memorial for Washington SyCip
Bookmark to watch the Asian Institute of Management's memorial service for Washington SyCip on Wednesday, October 25, at 4 pmMANILA, Philippines – The Asian Institute of Management (AIM) hosts a...
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John Gokongwei Jr is MAP man of the year 2017
MANILA, Philippines – John Gokongwei Jr, one of the country’s enduring business icons, added yet another feather to his cap as he was named the Management Association of the Philippines’ (MAP) Man of...
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Globe, PLDT battle it out in cashless payments
MANILA, Philippines – The competition between the country's two telecommunications giants, Globe Telecom Incorporated and PLDT Incorporated, has spilled over into mobile payments, as they rush to serve...
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Jack Ma: Alibaba to keep investing in PH
MANILA, Philippines – Alibaba Group founder and executive chairman Jack Ma, on a visit to Manila, outlined the internet giant's long-term plan to get e-commerce to finally take off in the...
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