Homegrown fashion brand Penshoppe is ramping up its logistics and technology investments to adapt to the rapid growth of e-commerce and intensifying competition from global fashion players. At the Anvil Business Summit 2025 on Monday, Sept. 15, Golden ABC Inc. Executive Chairman Bernie Liu said...
Globe Telecom Inc. has signed a term loan facility of ₱5 billion with Bank of Commerce (BankCom), the banking arm of San Miguel Corp., to bankroll expansion projects and other financing needs. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said the...
The digital verification system in e-commerce to ensure reliability of online transactions will no longer be voluntary and instead now mandated for every merchant and platform, according to the Department of Trade and Industry (DTI). The DTI launched the E-Commerce Philippine Trustmark to serve as...
The Philippines’ largest business group is calling for a transparent and collaborative process in reviewing the claim filed by a unit of San Miguel Corp. against the country’s main power distributor. In a statement on Wednesday, Sept. 10, the Philippine Chamber of Commerce and Industry (PCCI)...
Global Ferronickel Holdings Inc. (FNI) is urging the release of its embattled chairman, Joseph Sy, who continues to be detained in the Bureau of Immigration (BI) facility in Bicutan, Taguig City. In a stock exchange filing on Tuesday, Sept. 9, FNI reported that the Regional Trial Court (RTC) of...
The British Chamber of Commerce Philippines (BCCP), in partnership with Shell Energy Philippines Inc. (SEPH) and Manila Bulletin as a media partner, introduces a forum on clean energy transition titled, “Powering Progress: A Look into the Philippine Clean Energy Transition” in the Colliers...
The future of business isn’t just about selling a product—it’s about selling an experience. This is the core belief of Steven Tan, president of SM Supermalls, and it’s a philosophy that has guided the company‘s evolution. During a recent media meeting, Steven argued that the most...
You’ve probably clicked “add to cart,” but have you ever wondered how the product got there? That entire process is handled by a company working behind the scenes. They manage everything from inventory and shipping to customer support on a brand’s behalf. These businesses partner with...
The Philippine semiconductor industry is pinning its hope on the government to secure a favorable deal with the United States (US) with the looming announcement of tariffs against foreign-made semiconductors, which could be as high as 300 percent. Philippine Chamber of Commerce and Industry (PCCI)...
Philippines’ largest e-commerce enabler Great Deals E-Commerce Corp. announced record-breaking revenues for June this year, surpassing its typical holiday season peak on the back of rapidly expanding customer base. Steve Sy, Great Deals founder and chief executive officer, said on Friday, Aug....
San Miguel Corp.’s (SMC) affiliate Bank of Commerce (BankCom) posted a 31-percent growth in unaudited net income to ₱1.86 billion in the first half of 2025 primarily due to strong revenue growth. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its earnings translated to a...
The European Chamber of Commerce of the Philippines (ECCP) said that the Philippines maintaining its position as the second-highest ranked country in terms of trade facilitation in Southeast Asia bodes well for its ongoing free trade agreement (FTA) negotiations with the European Union (EU). In the...