The Securities and Exchange Commission (SEC) announced that it has joined the Global Financial Innovation Network (GFIN), in line with its commitment to supporting the development of the Philippine capital market and overall financial sector. Formally launched in 2019, the Global Financial...
Unfazed by grim prospects for the airline industry this year, Pacific Global One Aviation (PG1), the aviation arm of PLDT, Inc., undertakes a major rebrand for its chartered services to get a piece of the $7 billion market by 2024. The company has set its sights on the medium term and expects the...
Philippine banks are expected to report a bad loans ratio of six percent this year while a return to profits pre-health crisis could come as late as 2023, according to credit watcher S&P Global Ratings. S&P Global in its latest report (Philippine Banks: Buffers Won't Hold If COVID...
Transcelestial, the Singapore-based company building the future of Superfast Global Internet Distribution, on Friday, (Feb. 19) announced it has closed a strategic investment of US$2 million from Kickstart Ventures. The company, recognized for its Most Disruptive Technology, is expected to boost...
The Securities and Exchange Commission (SEC) again warns the public against individuals and groups engaged in unauthorized investment-taking activities disguised as cryptocurrency trading and franchising. In separate advisories issued on February 9, the Commission advised the public to...
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion. Citing data from Mines and Geosciences Bureau (MGB), Philippine Nickel Industry Association (PNIA) revealed that the country’s...
ABS-CBN Corporation has appointed of Aldrin M. Cerrado as the new Chief Operating Officer (COO) of ABS-CBN Global Ltd., which oversees all of ABS-CBN's international subsidiaries and manages its global flagship brand, The Filipino Channel (TFC). In a statement, ABS-CBN said Cerrado succeeds Olivia...
Photos from Kai Sotto's Instagram account Filipino basketball wunderkind Kai Sotto paid a visit to the construction site of his very own Kaiju Global Academy in Hamilton, Ohio. Sotto, along with the site workers and crewmen, took the time for an ocular inspection at the Spooky Nook Sports Champion...
This year, the Top Employers Institute certified International express services provider, DHL Express, as one of the best employers worldwide, the 7th consecutive year the company was recognized as such. Better yet, DHL Express was certified “Global Top Employer in 48 countries, on each...
The European Union may steal the Philippines' title as the biggest rice importer in the world this year as the Southeast Asian nation is bent on achieving higher local palay production amid stricter import permit issuance. “The Philippines is forecast to fall to the number two spot in 2021 as the...
Meralco PowerGen Corporation (MGEN), a power generation investment subsidiary of Manila Electric Company (Meralco) has acquired 86-percent shareholdings of affiliate firm Global Business Power Corporation (GBP) for P34.466 billion. The stake acquisition by MGEN was carried out through the transfer...
AXN, known regionally as the home of the best original productions in Asia, has not let challenging times slow down its momentum. While most of the industry has been forced into a standstill, the leading English General Entertainment channel* launched three new original productions in 2020 and has...
