News

THE SOCIAL Security System (SSS) is implementing a landmark pension reform program starting this September, which will gradually increase the monthly pensions of all pensioners over a three-year ...
THE PHILIPPINES’ reciprocal trade agreement with the US is still being finalized a day before its expected implementation, the Department of Trade and Industry (DTI) said. “Our talks are still ongoing ...
THE PHILIPPINE Competition Commission (PCC) has approved Ayala Corp.’s sale of 50% of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for P18.4 billion. The competition ...
AYALA LAND HOSPITALITY (ALH) has signed a deal with American hospitality group Marriott International to build a 260-room hotel in Makati City. Under the agreement, ALH will collaborate with Marriott ...
CHINA BANKING CORP. (Chinabank) saw its net income climb by 14% year on year in the first half on continued core business growth. The listed bank’s net income was at P13 billion in the six months ...
Boris Rehlinger may not turn heads on the streets of Paris, but his voice is instantly recognizable to millions of French filmgoers. As the French voice of Ben Affleck, Joaquin Phoenix, and even Puss ...
GLOBE TELECOM, INC. said it had completed the transfer of 96 towers to MIESCOR Infrastructure Development Corp. (MIDC) and Phil-Tower Consortium, Inc. (PhilTower) for a combined P1.34 billion. Globe ...
THE PESO plummeted to the P58 level on Thursday, hitting a near six-month low versus the greenback, following hawkish comments from US Federal Reserve Chair Jerome H. Powell that dampened hopes for a ...
A NEW MEXICO judge has thrown out a misconduct lawsuit filed by actor Alec Baldwin against local prosecutors and sheriff’s officials over their pursuit of criminal charges against him for the fatal ...
OVER the past 15 years, the Philippines has been one of East Asia’s most dynamic economies. Growth was fast, inclusive, and spatially balanced. Public investment in infrastructure surged, and reforms ...
PAL HOLDINGS, INC., the operator of flag carrier Philippine Airlines (PAL), saw its second-quarter attributable net income rise by 40.51% to P3.33 billion, driven by higher passenger volumes. “To ...
THE DEVELOPMENT BANK of the Philippines (DBP) is hoping to refile within this year the bill replacing its decades-old charter to increase its capital stock. “It was vetoed, so we will have it refiled.