MPIC to proceed with the acquisition of Ayala’s shares in LRT-1
Metro Pacific Investments Corp. (MPIC) is set on acquiring the 35 percent ownership held by the Ayalas in the operator...
Category: Business
Government to propose Clark as the Philippines’ new aviation hub
The Philippines is gearing up to position Clark International Airport as the next Asian hub for aerospace investments, with a...
PEZA has greenlit investments amounting P12B
The Philippine Economic Zone Authority (PEZA) has reported a substantial increase in investments, totaling P12.1 billion in the first two...
Ayala Corporation facing tight budget constraints this year
The Ayala Group is implementing another round of capital expenditure reductions for the second consecutive year, with its flagship property...
The partnership between PLDT Global and NGA 911
The collaboration between PLDT Global Corp. and Next Generation Advanced 911 (NGA 911) marks a significant step towards enhancing emergency...
BSP will begin implementing gradual interest rate cuts by Q3
According to Citi Economist for the Philippines Nalin Chutchotitham, the Bangko Sentral ng Pilipinas (BSP) is anticipated to embark on...
OpenAI finalized a deal valued at a staggering $80 billion
OpenAI’s latest deal, reportedly valuing the California-based start-up at $80 billion or more, marks a significant milestone for the company,...
Figaro Coffee Group reported sustained growth throughout 2023
Figaro Coffee Group (FCG), a leading player in the Philippine food and beverage sector, announced its quarterly financial results for...
Head of PEZA anticipates surge in medical investments in the country
The Philippine Economic Zone Authority (PEZA) is optimistic about increased investments in medical and drug manufacturing with the establishment of...
Several business groups rejected the proposed wage increase
The Philippine Chamber of Commerce and Industry (PCCI) and other business organizations have spoken out against a proposed legislated wage...
