VILLAR-led Premiere Island Power REIT Corp. (PREIT) saw a 4% decline in its second-quarter net profit to P127.74 million from P133.12 million last year due to higher rental costs.Revenue for the second quarter was flat at P152.21 million, while rental costs surged by 19.7% to

1 of 3Advance screening for Look Back open to fansTHE creator of popular animé Chainsaw Man, Tatsuki Fujimoto, is back to take fans on a heartwarming journey with his new animé film Look Back. The audience at the advanced screening of the film on Aug.

SMART Communications, Inc. is working to reduce cost barriers and increase fifth-generation (5G) adoption in the Philippines by introducing a low-cost 5G-capable phone, the Manuel V. Pangilinan-led telecommunications company said on Thursday.The initiative aims to broaden access to 5G technology across the country, Alex O. Caeg,

BW FILE PHOTOBy Chloe Mari A. Hufana, ReporterTHE Kilusang Mayo Uno (KMU) said the Department of Labor and Employment (DoLE) needs to concentrate on creating quality jobs instead of allocating significant resources to a relief program for temporarily displaced workers.In a statement, KMU Secretary-General Jerome

Breaking the Mould: India’s Untraveled Path to Prosperity by its title alone breaks the mold, the “tried and trusted way of development which has emerged post-World War II and typically been followed by emerging markets in Asia.” This is a direct quote from one of

By Revin Mikhael D. Ochave, ReporterSFA Semicon Philippines Corp. plans to voluntarily delist from the Philippine Stock Exchange (PSE) as its parent company SFA Semicon Co. Ltd. (SFA Korea) moves forward with a P454-million tender offer.SFA Korea notified SFA Semicon Philippines on Aug. 21 regarding

BW FILE PHOTOTERM DEPOSIT yields went down on Thursday amid expectations of rate cuts by the Bangko Sentral ng Pilipinas (BSP) and US Federal Reserve in the coming months.The BSP’s term deposit facility (TDF) attracted bids amounting to P164.441 billion on Thursday, above the P160

RAWPIXELTHE development paradigm has shifted to “digital by default” as a norm, reshaping societies and economies. As a hub for digitally driven innovations, Asia and the Pacific is well positioned to leverage the transformative potential of digital technologies to accelerate progress towards the Sustainable Development

PIXABAYMGEN Renewable Energy, Inc. (MGreen), a subsidiary of Meralco PowerGen Corp. (MGen), recently signed an investment deal with Singapore-based Vena Energy to jointly develop and operate a solar power project in Bugallon, Pangasinan.The solar power project has an estimated capacity of 450 megawatts of alternating

FUSE LENDING, Inc., the credit arm of e-wallet GCash, expects double-digit growth in loan disbursements this year as it targets to reach underserved individuals and small businesses.Fuse Lending President and Chief Executive Officer Tony Isidro told BusinessWorld on the sidelines of an event last week

Mario, a long-time supervisor is applying for a six-month management program fully funded by a foreign entity. If accepted, he plans to take study leave without pay and promises to apply his key learnings when he comes back. Unfortunately, we don’t have a policy on