The Ayala Group’s Globe Telecom reported that it has successfully held end-to-end satellite SMS customer trial in a remote area with no reception in Zambales through the low-earth orbit (LEO) satellites of partner Lynk Global Inc. The telecommunications firm said this is a milestone in its...
Philippine debt levels as a share to the economy fell across-the-board in the first half of 2024, according to the latest data from the Washington-based Institute of International Finance (IIF), underscoring the "double-edged sword" wrought by the previously elevated interest rate environment. The...
This year's US presidential election and the Philippines' midterm polls next year, among other geopolitical and climate events, pose risks to near-term economic outlook here and abroad, according to the Washington-based Institute of International Finance (IIF). "Political uncertainties and policy...
With the success of the first Tempur cinema in the Philippines, a new experiential showroom opened on September 10 in the same mall—Uptown Bonifacio in Taguig. Personalities such as Rambo Nuñez, Jason Webb, Justine Luzares, Inka Magnaye, Christian Bables, Arianna Evangelista, and John de Leon...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Dr. Andrew Tan, is planning to develop a $300 million integrated resort and casino in Boracay in addition to its planned $400 million for a similar, but bigger, project in Mactan. In an interview during the Inside Asian Gaming...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is ramping up its hotel business expansion target to over 12,000 rooms by 2028 to 2029 instead of 2030, as it banks on the growth of the tourism industry. In an interview, AGI President and CEO Kevin Andrew...
Several Chinese companies have been shortlisted by SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) Group for soon-to-be awarded contracts on the supply of photovoltaic (PV) modules and energy storage systems (ESS) for the $4.0 billion Terra solar project, an expansive...
London-headquartered private equity firm Actis is injecting colossal investment of $600 million (approximately P34 billion) for its 40 percent equity acquisition in the $4 billion Terra Solar project being advanced to commercial fruition by SP New Energy Corporation (SPNEC) of the Manila Electric...
Imagine walking into a room where the lighting feels just right—soft, warm, and welcoming. It’s not something you might notice immediately, but it’s what makes the space feel like home. Light has this quiet power, shaping our experiences, guiding our emotions, and turning the ordinary into...
One of Jose Rizal’s famous lines is “Kabataan ang pag-asa ng bayan (The youth is the hope of our nation).” Believing in the same principle, SM Cares and the Global Peace Foundation (GPF) are continuously investing in the leadership capability of the youth through the annual Global Youth...
The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
Season 4 of “Emily in Paris” and the Halle Berry film “The Union” debuted at No. 1 on Netflix’s weekly Global Top 10 of the most watched shows and movies. Netflix announced that “Emily in Paris” season 4 grabbed the top spot on the English TV list with 19.9 million views from...
