PHL economy expands 5.5% in Q2
THE PHILIPPINE ECONOMY expanded at a slightly faster pace in the second quarter, driven by strong agriculture production and an uptick in consumption, the statistics agency said on Thursday.
Wealth of top 50 tycoons in Philippines reaches $86B
THE PHILIPPINES’ 50 richest tycoons increased their combined wealth by 6% to over $86 billion (around P4.92 trillion) this year, with nearly half of...
Gross international reserves slip to $105.7B in July
THE PHILIPPINES’ gross international reserves (GIR) slipped in July amid lower gold prices and as the government paid back more of its foreign debt,...
Megaworld bets on tourism with 7 new hotels by 2030
LISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels by 2030 as part...
Hann Holdings says P13-B IPO on track, no pushback expected
HANN HOLDINGS, Inc., the operator of the Hann Casino Resort in Clark, said it does not expect any delays to its planned P13-billion initial...
CREC taps P4.4-B Security Bank loan for 125-MW solar farm
LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan facility from Security Bank Corp. to finance its 125-megawatt...
LG drops latest AI-powered xboom lineup, in collaboration with will.i.am
SOUTH KOREAN tech brand LG has officially launched its latest audio lineup, xboom, which features artificial intelligence (AI) smart sound, with nine-time Grammy winner...
20,000-km Bifrost Cable lands in Davao — Converge ICT
CONVERGE ICT SOLUTIONS, Inc. said the Bifrost Cable System has reached the Philippines following its landing in Davao.
“Since we’ve announced this project, we’ve seen...
Filipino talent shines in Freakier Friday
TWENTY-TWO years after the 2003 Disney Movie classic Freaky Friday comes an unexpected yet delightful surprise for adults who are still teens-at-heart — the sequel, titled Freakier Friday.
CLI signs P3-B sustainability-linked notes deal to support projects
LISTED property developer Cebu Landmasters, Inc. (CLI) has signed a P3-billion sustainability-linked notes facility to fund its upcoming real estate developments, it said on...
In Freakier Friday, Lindsay Lohan gives the performance we didn’t know we needed
TO DESCRIBE just how meaningful the Lindsay Lohan-Jamie Lee Curtis remake of Freaky Friday was to a 13-year-old in 2003, I’ll use an anecdote.
Maya sees sustained profitability
MAYA GROUP expects to remain profitable this year as its digital bank continues to roll out more products to tap different market sectors.
“We...