EMMANUEL “MANNY” V. RUBIOMERALCO PowerGen Corp. (MGen), the power generation investment arm of Manila Electric Co. (Meralco), has appointed Emmanuel “Manny” V. Rubio as its president and chief executive officer (CEO), effective July 1.Mr. Rubio, formerly president and CEO of Aboitiz Power Corp. (AboitizPower), is

By Andrea Felsted NIKE, INC. on Thursday lowered its sales outlook for the current fiscal year, blaming a slump in demand for its top-selling sneakers, such as the Air Force 1 and Air Jordan 1. It’s no coincidence that these styles have fallen out of favor

REUTERSBy Beatriz Marie D. Cruz, ReporterTHE GOVERNMENT must make it easier to trade agricultural commodities within the region while introducing sustainable farming practices to raise the competitiveness of its farms, according to the Asian Development Bank (ADB).“I think this is something related to how we

There was a small item of news in the Business Section of a broadsheet entitled: “Wanted: ‘sooner than later’ Bangko Sentral rate cuts.” The author states that this will finally bring some relief to consumers and corporates who had been under the weight of the

DALI EVERYDAY GROCERY FACEBOOK PAGEHARD DISCOUNT Philippines, Inc. (HDPI), the corporate entity behind the DALI discount grocery chain, reported a widened net loss in 2023 primarily due to increased operating expenses.According to the company’s regulatory filing, HDPI recorded a net loss of P1.88 billion in

RATES of Treasury bills (T-bills) and bonds (T-bonds) could be mixed this week after the Bangko Sentral ng Pilipinas (BSP) chief reiterated that their policy easing cycle could start as early as next month. The Bureau of the Treasury (BTr) will auction off P15 billion in

Analysts' June inflation rate estimates - BusinessWorld Online HEADLINE INFLATION likely remained steady in June and settled within the central bank’s 2-4% target for a seventh

GEOMUNDO MUGWORT LINEUSED by Korean celebrities, K-beauty brand Round Lab is now in the Philippines, having been launched at Rockwell’s Balmori tent on June 26. During the event, the brand emphasized its use of natural ingredients found only in select regions in Korea.Round Lab’s Pine

Following the success of its previous editions, the Quezon City Government opened applications for Cohort 3 of Startup QC Professional Category.The program is designed to nurture the next wave of impactful startups propelling economic and innovation growth in the city.The StartUp QC Program on-boards early-stage

Remember Maharlika?I refer to the Maharlika Wealth Fund or Maharlika Investment Fund, now formalized in Republic Act No. 11954. It, especially its original version, was met with widespread and staunch opposition, forcing the proponents to retreat and make concessions.The proposal was eventually passed by both

AYALA-LED ACEN Corp.’s supply retail arm has signed a deal with the Asian Development Bank (ADB) to power the latter’ headquarters in Mandaluyong with 100% renewable energy (RE).ACEN Renewable Energy Solutions will power ADB’s facilities using renewable energy from its portfolio, including solar and wind

Singapore-based venture capital accelerator Accelerating Asia Ventures has officially opened applications for the 10th Cohort of its flagship accelerator program — a milestone achievement for one of the longest running regional accelerator-VCs.With a portfolio of over 80 startups, the flagship 100-day accelerator has helped many