Shell Pilipinas Corporation (SPC) reported a 40 percent increase in core earnings despite the impact of high interest rates and volatile global fuel prices. In a statement, SPC said the strong performance was attributable to operating expense savings and increased sales of premium products across...
Senators find it unnecessary to grant the Philippine Health Insurance Corp.’s (PhilHealth) request for additional subsidy under their proposed budget for next year when it has yet to provide sufficient financial relief to patients. Sen. Joseph Victor “JV” Ejercito, principal sponsor and...
Low-cost carrier AirAsia Philippines logged more than 6.6 million passengers in the first nine months of the year, already surpassing its total flown passengers for 2023, driven by a surge in bookings during holidays. As of November 2024, AirAsia said it has already carried 79 percent of its 2024...
Department of National Defense (DND) Sec. Gilberto Teodoro Jr. (right) and Australian Deputy Prime Minister and Minister for Defence Richard Marles answer questions from the media after the inaugural Australia-Philippines Defence Ministers’ Meeting in Canberra on Nov. 12, 2024. (Photo: DND)...
Arellano eliminated Letran from the Final Four race with a nail-biting 67-65 victory on Wednesday, Nov. 13, in NCAA Season 100 men’s basketball at the Filoil EcoOil Centre in San Juan City. Arellano's Basti Valencia tries to score against Letran's Kevin Santos. (NCAA Images) Though already out of...
A ranking official of the United States Commerce has arrived in the Philippines to explore potential trade and investment opportunities in the country for American companies. Marisa Lago, undersecretary of US Commerce for International Trade, is now in Manila to advance US trade and investment...
Southeast Asian countries like the Philippines stand to benefit from greater interest among global investors looking to finance profitable and scalable decarbonization as well as "green" projects in the region. On the sidelines of the ongoing 29th Conference of the Parties (COP29) to the United...
Big business has welcomed the clearer investment rules plus enhanced fiscal perks under the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. "CREATE MORE will certainly help improve the global competitiveness of the...
Lyceum rode on a blistering 16-1 run midway the payoff period to turn back Emilio Aguinaldo College, 74-65, and book at least a playoff for the remaining Final Four berth in NCAA Season 100 men’s basketball at the Filoil EcoOil Centre in San Juan City on Tuesday, Nov. 12. Jonathan Daileg sizzles...
Still not over for the recent 11.11 nationwide sale? Hold your breath because the shopping deals are not yet over. Whether replenishing your go-to health, beauty, and wellness essentials or experimenting with new products, prepare for irresistible finds at the Watsons Nationwide Sale. This...
The Securities and Exchange Commission (SEC) reported that it has secured the conviction of the incorporators of Prosperous Infinite Holdings Phils. Corp. (PIHPC) and operators of Emgoldex Philippines for soliciting investments from the public without necessary license from the commission. In a...
Armed Forces of the Philippines (AFP) personnel carry out a live-fire demonstration as part of the AFP Joint Exercise (AJEX) DAGIT-PA in Aborlan, Palawan from Nov. 9 to 10, 2024. (Photo: AFP) The Armed Forces of the Philippines (AFP) said Monday, Nov. 11, that it has conducted a series of...