A new European Union (EU) plan to sharply cut steel import quotas goes too far and threatens European automakers with higher ...

A GROUP of vessels attempting to deliver aid to the war-ravaged Gaza Strip was intercepted by Israeli forces in international ...

ECONOMISTS and tax experts warned that scrapping the value-added tax (VAT) may trigger a fiscal or even an economic crisis, as the Bureau of Internal Revenue (BIR) collected P487 billion in the first ...

THE PESO climbed back to the P57-per-dollar level on Wednesday as the market looked ahead to the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. The local unit closed at P57.95 versus the greenback ...

AYALA-LED ACEN Corp. has infused an additional P1.9 billion into its subsidiary operating a 133-megawatt (MW) solar farm in Cagayan to fund its expenses. In a regulatory filing on Wednesday, ACEN said ...

THE Management Association of the Philippines (MAP) has named Hans T. Sy, chairman of the executive committee of listed property giant SM Prime Holdings, Inc., as its Management Person of the Year ...

A WIDENING corruption scandal involving flood control projects has shaken investor confidence, erasing around P1.7 trillion in market value in just three weeks, according to Securities and Exchange ...

SAN MIGUEL CORP. (SMC) has extended until Oct. 22 the deadline for bondholders to give their consent to proposed amendments to several bond terms, which would allow the conglomerate to use its shares ...

ALFAMART PHILIPPINES, the minimart chain of the SM group, has rolled out its franchising program targeting micro, small, and medium enterprises (MSMEs) seeking to scale their operations. “By allowing ...

MERALCO POWERGEN CORP. (MGEN), in partnership with the Meralco Power Academy (MPA), has established a learning and research hub in Iloilo City aimed at providing training and research programs related ...

SM HOTELS and Conventions Corp. (SMHCC), the hospitality arm of property developer SM Prime Holdings, Inc., aims to compost 80% of its food waste by 2040 as part of its push for sustainable dining ...