CORPORATE

Ayala unit readies drilling plan for Palawan block

THE Ayalas’ oil and gas exploration unit ACE Enexor, Inc. said on Monday that it is working on a proposal that details the drilling of an exploration well in its southwest Palawan service contract, adding that it will be submitting the plan to the Energy department for approval.

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ECONOMY

Gov’t won’t back down on lifting mining ban

THE GOVERNMENT said it will not give in to pressure to reconsider Executive Order (EO) No. 130, which lifted the moratorium on new mining agreements, citing the need to generate new revenue due to the pandemic.

STOCK MARKET

PHILIPPINE shares went down on Monday as investors remained on the sidelines on the lack of positive catalysts amid the continued surge in coronavirus disease 2019 (COVID-19) cases in the country.

BANKING AND FINANCE

BTr fully awards T-bill offer on strong demand

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday despite slightly higher rates on some tenors as demand remained strong amid easing inflation concerns.
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THE NATION

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OPINION

The corporate governance principle of independence

Principle 5 of the Corporate Governance (CG) Code for Publicly Listed Companies (PLCs) provides that “The Board should endeavor to exercise objective and independent judgment on all corporate affairs.”

INFOGRAPHICS

HEALTH

SPOTLIGHT

Preparing for Hybrid Work Setups with Aruba

Available through ICS, Aruba solutions equip organizations for both remote and on-site work. In the past months, as the pandemic forced employees to continue working...

SPECIAL FEATURES

Business groups to expand crisis recovery initiatives and digitalization

Philippine business leaders called on the private sector to sustain the push for more economic recovery programs to address worsening economic slump and help...

SPECIAL REPORTS

BSP governor remains optimistic about PHL economic growth

Recovery, growth trajectories hinted in BusinessWorld One-on-One with Gov. Diokno Economies around the world absorbed the deep impact of the coronavirus disease 2019 (COVID-19) —...
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ARTS & LEISURE

Oscars show reinvented as a movie — with masks, longer speeches

LOS ANGELES —  The Oscars ceremony next week will have the look and feel of a movie, giving winners more time for speeches, while coronavirus masks will play a major role, producers of the show said on Saturday.

VELOCITY

Caltex accelerates network growth in Q1 to help fuel a recovering...

Posting strong network growth in the first quarter of 2021, Caltex, marketed by Chevron Philippines Inc. (CPI), warmly embraces the dry season by boosting...

SPORTS

Diaz eyes gold medal at Tokyo Olympics

IT took a while for Filipino weightlifter Hidilyn Diaz to book a spot in the Tokyo Olympics this year. So when it was made official that she had earned a spot in the quadrennial Games, she was very thankful.

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