MANILA, Philippines – The country has switched its first two residential groups under the government’s retail competition and open access (RCOA) program, allowing consumers to choose their own electricity supplier. On...
MANILA, Philippines – The operator of GCash has formally kicked off what could become the biggest stock market debut in Philippine history after filing papers for an initial public offering...
MANILA, Philippines – Shakey’s Pizza Asia Ventures Inc. is raising prices selectively and closing underperforming stores as it navigates a challenging business environment marked by…
MANILA, Philippines – The long-delayed LRT 1 Common Station project has moved a step closer to construction after securing approval from the Investment Coordination Committee-Cabinet…
MANILA, Philippines – The country’s trade deficit widened 50.5 percent to $5.48 billion in May as the import bill remained elevated three months into the…
MANILA, Philippines – The Philippines is likely to face a weaker external position this year than previously anticipated as the conflict in the Middle East weighs…
MANILA, Philippines – Globe Telecom Inc. has secured regulatory approval to roll out its direct-to-mobile satellite service with Elon Musk’s Starlink, becoming the first telecommunications…
MANILA, Philippines – The Bank of the Philippine Islands (BPI) will permanently waive fees for interbank fund transfers made through its digital channels starting July 1,…