Restaurant and food service group Shakey’s Pizza Asia Ventures, Inc. (SPAVI) reported a decline in net income to P250 million in the third quarter of 2024, from P256.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the company stated that this...
The Philippines intends to play a constructive role in the global cruise tourism industry, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Speaking at the Seatrade Cruise Asia 2024 welcome reception on Monday night, Nov. 11, Marcos said the...
Naturalized player Ange Kouame is joining Gilas Pilipinas in its preparation for this month's window of the FIBA Asia Cup Qualifiers, Samahang Basketbol ng Pilipinas Executive Director Erika Dy confirmed on Monday, Nov. 11. Ange Kouame joins Gilas Pilipinas in FIBA Asia Cup Qualifiers. (File) The...
The Philippines must pursue long-term reforms to thrive amid intensified uncertainty wrought by geopolitics and external developments, including Donald J. Trump's impending return to the White House seen solidifying the United States' trade protectionism, according to a World Bank economist. On the...
The academic reputation of Philippine higher education continues to grow, with 25 Philippine higher education institutions (HEIs) securing spots in the 2025 QS Asia University Rankings. (CHED / MB Visual Content Group) In a statement, the Commission on Higher Education (CHED) noted that, from 16...
(L-R): Robert Sun, regional managing director, H&B Asia & international commercial director of AS Watson Group, Dr. Malina Ngai, Group CEO of AS Watson Group, Elizabeth Sy, president SM Hotels and Conventions Corp., Dominic Lai, chairman of AS Watson Group, and Danilo...
A NEW PARTNERSHIP (L-R) Rosenda Casaje, CEO of Gorgeous Glow; Niks Fojas, partner solutions head, TikTok Shop Philippines; Joaquin San Agustin, executive vice president for Marketing, SM Supermalls As women continue to reshape the entrepreneurial landscape, the impact of female-led businesses is...
Only one Filipina made it to Forbes Magazine’s Asia Power Businesswomen list which features 20 industry veterans who set precedent by becoming the first women to step into top leadership roles at their companies. Megaworld Corporation’s new president Lourdes Gutierrez-Alfonso joined other...
The finance chiefs of the 21-member Asia-Pacific Economic Cooperation (APEC) have established a public-private Sustainable Finance Initiative (SFI) to foster inclusivity and resiliency in the region. In a statement, APEC said the SPI is "a flexible, voluntary and non-binding collaboration tool...
A decade after the Cebu Action Plan was crafted in the Philippines, finance ministers of the Asia-Pacific Economic Cooperation (APEC) will come up with a new non-binding five-year roadmap attuned to the regional challenges of these times. "Despite the reduction of inflationary pressures and gradual...
(Center/4th from the Left) Carol T. Mills, head of Ayala Land Offices (ALO); and (2nd from the right) Gail Samaniego, head of ALO asset management and business and project development group receive the award for Ayala Land at the BCI Asia Awards 2024. Ayala Land, Inc. (ALI) has been at the...
Asia United Bank (AUB) reported a 41 percent jump in consolidated net income to a record P8.6 billion in the first nine months of the year from P6.1 billion in the same period of 2023 due to higher revenues and lower loan loss provisions. In a disclosure to the Philippine Stock Exchange, the bank...
