Gokongwei-led URC to acquire Malaysian snack firm Munchy’s
Universal Robina Corporation (URC) on Friday said it is acquiring Malaysian biscuits company Munchy Food Industries for around 1.925 billion ringgit or around P22.9...
Aboitiz InfraCapital eyes P20B capex in 2022
Aboitiz InfraCapital, Inc. is setting aside P20 billion for its capital expenditure (capex) budget next year, as it plans to expand its industrial estates and...
Megawide says arrest warrants out vs GMCAC officials
Megawide Construction Corp. said the Lapu-Lapu City Regional Trial Court has issued arrest warrants against the officials of GMR Megawide Cebu Airport Corp. (GMCAC) over alleged violations...
Global firms pay up to deal with Hong Kong’s quarantine
Companies including JPMorgan Chase & Co. are stepping up to compensate employees ensnared by Hong Kong’s strict quarantine regime as businesses in the city...
SEC issues halt order against Gaza’s Xian Coin
The Securities and Exchange Commission (SEC) has issued a halt order against “digital currency” Xian Coin (XNC), founder and owner Christian Albert Soriano Gaza...
PHL AirAsia starts bringing back ‘hibernated’ workers
Philippines AirAsia, Inc. on Thursday said it is gradually bringing its inactive employees back to the workplace to meet the growing market demand.
The low-cost...
More Filipinos encouraged to become entrepreneurs
MORE FILIPINOS should become entrepreneurs to allow economic and technological progress amid the ongoing coronavirus disease 2019 (COVID-19) pandemic.
Vince Dominic Yamat, managing director of...
Telco industry experts say next gov’t leaders must address constraints
The next administration will need to focus on addressing regulatory constraints to welcome more investors and increase competition in the telecommunications industry, experts said.
Both...
Data collection ‘crucial’ in building smart, sustainable cities
Experts in the property sector and in urban development have described data collection as crucial in transforming communities.
In a panel discussion during BusinessWorld’s Virtual...
Experts call for balance between environmental and economic goals
Experts called for more programs to strike a balance between reaching economic goals and not compromising the environment.
“The awareness and desire of people and...
Meralco, Amber Kinetics team up for energy storage system
Manila Electric Co. (Meralco) and Amber Kinetics Philippines, Inc. have teamed up to introduce the use of long-duration flywheel energy storage systems in line...
TransCo: No FiT reduction at this time
State-led National Transmission Corp. (TransCo) on Thursday said that now is not the right time to lower the feed-in tariff (FiT) or the power...