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2342 articles from BusinessWorld
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BusinessWorld
Aznar Shipping faces cautious market ahead of December listing
CEBU-BASED Aznar Shipping Corp.’s planned initial public offering (IPO) could face a cautious market amid domestic and global economic uncertainties, although its December listing schedule may help if sentiment improves following larger offerings, stock market analysts said.
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Alternergy plans P2-B fundraising for renewable energy projects
RENEWABLE ENERGY producer Alternergy Holdings Corp. plans to raise P2 billion through green fixed-rate notes to support its project pipeline. In a statement on Wednesday, the company said its board of directors had approved the issuance, which will mark its maiden offering in the Philippine debt capital market. The notes will be offered to qualified […]
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LNGPH weighs participation in gov’t gas auction
By Sheldeen Joy Talavera, Reporter LNGPH, a consortium of Meralco PowerGen Corp. (MGEN), Aboitiz Power Corp. (AboitizPower), and San Miguel Global Power Holdings Corp. (SMGP), is studying whether to participate in the government’s planned mid-merit natural gas auction. MGEN President and Chief Executive Officer (CEO) Emmanuel V. Rubio said the consortium is evaluating its participation […]
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Maxicare life insurance arm rebrands to strengthen healthcare integration
MAXICARE Life Insurance Corp. (MaxiLife) has been rebranded to Maxicare Insurance as part of the Maxicare Group’s integration of companies in its stable. The rebranding aims to unify the group’s services and streamline from a traditional health maintenance organization into a broader healthcare group, it said in a statement. The group wants to make preventive […]
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HitPay launches SME solutions
PAYMENT infrastructure provider HitPay has launched a range of financial tools for small and medium enterprises (SME) to help simplify payment management for businesses. To be launched in phases, CFO Stack will first introduce business to business (B2B) collections featuring real-time payment confirmation and reconciliation alongside other payment methods, including cards, PayNow/QR and payment links […]
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Ayala Land Premier starts Gardencourt unit turnover in Taguig
AYALA LAND PREMIER has started turning over units at Gardencourt Residences in Taguig City as parent Ayala Land, Inc. (ALI) targets the delivery of about 13,000 residential units this year. Turnover has begun at Molave, the first of five mid-rise towers planned for the 2.1-hectare development in Arca South, the developer said in a statement […]
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Filipino fintech BCRemit charts expansion path
FILIPINO financial technology (fintech) firm BCRemit is looking to scale its services and expand in other markets after surpassing $1 billion in processed cross-border transfers. The remittance service company plans to extend its cross-border settlement capabilities beyond retail transfers to serve small- and medium-sized enterprises (SMEs), business process outsourcing (BPO) firms, and freelancers, while offering […]
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SEC orders G’s Kicks to halt investment solicitation
THE Securities and Exchange Commission (SEC) has ordered G’s Kicks Billard Hall/G’s Kicks to stop allegedly offering unregistered securities through an investment scheme, citing what it described as prima facie violations of securities laws. In a notice on Tuesday, the corporate regulator said its Enforcement and Investor Protection Department (EIPD) issued a cease-and-desist order (CDO) […]
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Foreign news
WHY do we follow news from abroad? Should an upcoming mid-term election or the passage of ships elsewhere in the world be of any interest to us? And yet, we find ourselves tracking such stories. Is international news like watching a thriller with the plot twisting and turning around real characters? And yet this is […]
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BSP drafts rules for administrative cases vs supervised institutions
THE BANGKO SENTRAL ng Pilipinas (BSP) has drafted rules of procedure for the administrative proceedings it handles against its supervised institutions (BSIs) and their personnel. According to a draft circular, the central bank wants to establish a summary proceeding framework designed to resolve legal and regulatory violations of BSIs in line with The New Central […]
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Analyst sees more financial products driving Mynt growth
GCASH operator Mynt, Inc. has room to expand its financial products and services as it moves toward a planned P92.32-billion initial public offering (IPO), according to Reyes Tacandong & Co. Senior Adviser Jonathan L. Ravelas. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Mr. Ravelas said Mynt could build on its existing e-wallet […]
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On the Luzon Economic Corridor and Cash IPO
The Luzon Economic Corridor (LEC) has become a major investment project of the administration; it should prosper. LEC will be linking Subic-Clark-Metro Manila-Batangas plus surrounding areas into an economic hub supported by infrastructure, efficient logistics, reliable energy, digital connectivity, and a skilled workforce. Last week, on Sept. 9, the inaugural LEC Investment Forum was held […]
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On the Luzon Economic Corridor and GCash IPO
The Luzon Economic Corridor (LEC) has become a major investment project of the administration; it should prosper. LEC will be linking Subic-Clark-Metro Manila-Batangas plus surrounding areas into an economic hub supported by infrastructure, efficient logistics, reliable energy, digital connectivity, and a skilled workforce. Last week, on Sept. 9, the inaugural LEC Investment Forum was held […]
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High-quality data, human oversight key to maximizing AI’s business value
PHILIPPINE BUSINESSES adopting artificial intelligence (AI) tools must prioritize maintaining trusted, high-quality data and human oversight to ensure informed decision-making, CIBI Information, Inc. said. CIBI President and Chief Executive Officer Pia Arellano said that while modern digital tools, especially those powered by AI, can process data at a higher scale, these cannot guarantee better decisions. […]
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Movem, Filinvest tie up on EV charging infrastructure
MOVEM Electric, Inc., the sustainable mobility arm of Manila Electric Co. (Meralco), is partnering with the Filinvest Group to develop electric vehicle (EV) charging infrastructure across the property developer’s portfolio. In a media release on Wednesday, Movem said the partnership is intended to address Filinvest’s EV charging requirements across its commercial, residential, and office developments. […]
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Mooncakes and more
WE’VE GOT just a little more than a week before the Mid-Autumn Festival lands on Sept. 25. In this city with its pronounced Filipino-Chinese population, mooncakes will be exchanged, and dinners will be had. Here are some of the options. The Peninsula Manila LIGHT UP the Mid-Autumn festivities with Peninsula mooncakes flown in especially […]
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The country’s next energy frontier
Growing up in the 1970s, I used to watch an animated TV show called Sealab 2020, a US-produced series set in an underwater research base on a seamount. The setting was, of course, the year 2020. The show’s producers imagined that humans would already be living under water in about 50 years’ time. Sealab, as […]
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UP Diliman graduates win James Dyson Award for dialysis machine
University of the Philippines Diliman graduates Andrew Jacob Buensalido and Allyson Cabrestante have been named the Philippine national winners of the James Dyson Award 2026 for developing a low-cost, semi-automated peritoneal dialysis machine designed to make home-based treatment more accessible. Their invention, BiDaKidney, aims to ease the manual work involved in dialysis treatment and help […]
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Consumer group urge NBI to investigate online counterfeit goods sellers
Consumer advocacy group Malayang Konsyumer has urged the National Bureau of Investigation (NBI) to investigate online sellers and accounts involved in the distribution of counterfeit goods, citing the continued proliferation of fake products despite takedown efforts by e-commerce platforms. In a letter to NBI Cybercrime Division Acting Chief Wilma Delgado, the group called for a […]
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Work, class suspensions likely dampened Q3 growth
ECONOMIC GROWTH likely took a hit in the third quarter as persistent rains disrupted work and classes but could rebound in the fourth quarter as infrastructure spending accelerates, Economy Secretary Arsenio M. Balisacan said. “This month, and in the previous three weeks, there’s a lot of suspension because of the habagat (southwest monsoon). Of course […]
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FSCC seeks to reinforce financial system buffers amid lingering global risks
THE FINANCIAL Stability Coordination Council (FSCC) is pursuing preemptive actions to cushion the Philippine financial system against vulnerabilities and shocks emerging from global risks.
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High bond yields complicate Philippine government’s push to boost spending
ELEVATED BOND YIELDS could put further pressure on the national budget by raising government borrowing costs and interest payments just as the administration seeks to ramp up spending to support the Philippine economy.
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Fantasy novel highlights pre-colonial artifacts
THE FIRST NOVEL by Darwin De Jesus Mariano, titled Namwaran and the Golden Tara, offers a glimpse into centuries of Southeast Asian history through an epic narrative anchored on ancient artifacts. As a historical research-based novel, it draws its foundation and inspiration from two culturally significant pre-colonial items discovered in the Philippines — the Laguna […]
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