US President Donald Trump’s higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average US import duty to its highest in a century and leaving major trade partners ...

THE PHILIPPINES’ 50 richest tycoons increased their combined wealth by 6% to over $86 billion (around P4.92 trillion) this year, with nearly half of those on the list now wealthier than a year ago, ...

THE PHILIPPINES’ gross international reserves (GIR) slipped in July amid lower gold prices and as the government paid back more of its foreign debt, preliminary data from the central bank showed. The ...

LISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels by 2030 as part of its goal to expand its portfolio to 9,000 ...

HANN HOLDINGS, Inc., the operator of the Hann Casino Resort in Clark, said it does not expect any delays to its planned P13-billion initial public offering (IPO). “We don’t see any risk that is going ...

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan facility from Security Bank Corp. to finance its 125-megawatt (MW) solar power project in ...

CONVERGE ICT SOLUTIONS, Inc. said the Bifrost Cable System has reached the Philippines following its landing in Davao. “Since we’ve announced this project, we’ve seen overwhelming demand from carriers ...

SOUTH KOREAN tech brand LG has officially launched its latest audio lineup, xboom, which features artificial intelligence (AI) smart sound, with nine-time Grammy winner will.i.am steering its creative ...

MAYA GROUP expects to remain profitable this year as its digital bank continues to roll out more products to tap different market sectors. “We became profitable in December, and we continue to be ...

THE GOVERNMENT’S latest tranche of retail Treasury bonds (RTBs) will only be sold to individual investors starting Friday following strong demand from the market. “Due to the significant volume of ...