MONEY SENT HOME by overseas Filipino workers (OFW) rose by an annual 3.3% in November amid the peso depreciation against the US dollar, the Bangko Sentral ng Pilipinas (BSP) said.

CORRUPTION remained the top concern of business executives this year, according to a survey of members of the Management Association of the Philippines (MAP). “We did a survey late last year, and we ...

PRESIDENT Ferdinand R. Marcos, Jr. has signed into law a bill that aims to develop the country’s natural gas industry as the Philippines seeks to diversify its power mix and fast-track its transition ...

METRO Pacific Tollways Corp. (MPTC) plans to issue up to P50 billion in new shares through a private placement to raise funds for reducing its existing debt, according to its chairman. The company is ...

WEST ZONE water concessionaire Maynilad Water Services, Inc. is now talking to banks as it prepares for its planned initial public offering (IPO), according to its chairman. “They’re busy talking to ...

THE Jollibee Group has opened the first branch of Singapore’s Tiong Bahru Bakery brand in the Philippines, signaling the fast-food giant’s foray into fresh viennoiseries and handmade pastries. The ...

AN egg sandwich may not be the most exciting thing in the world, but if you’re a fan of K-anything (that is, Korean pop culture), the Philippine franchise of Korean egg sandwich shop Eggdrop just ...

SINGAPORE-BASED Vena Energy and MGen Renewable Energy, Inc. (MGreen) have reached financial close on the 550-megawatt (MW) Bugallon Solar Power Project in Pangasinan. “The financial close of the ...

COCA-COLA Beverages Philippines, Inc. announced on Wednesday the change of its legal name to Coca-Cola Europacific Aboitiz Philippines, Inc. (CCEAP). In a statement, the company said that it received ...

ASIA-PACIFIC (APAC) governments and businesses are expected to continue tapping artificial intelligence (AI) solutions this year to improve their cybersecurity posture and boost efficiency in areas ...

YIELDS on the central bank’s term deposits dropped further on Wednesday amid expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). The BSP’s term deposit facility (TDF) fetched ...

LOOKING for a really good croissant in Manila used to be a bit of a challenge (you would have to troop to the mall, or order a batch from a baker friend). Things have changed, and a new player has now ...