Philippine automotive sales rose by 7.6% to 40,306 units in March. — PHILIPPINE STAR/MIGUEL DE GUZMANPHILIPPINE automotive sales grew by 7.6% in March as steady commercial vehicle sales offset a double-digit slump in sales of passenger cars, an industry report showed.A joint report by the
Economic managers are targeting 6-8% growth this year. — PHILIPPINE STAR/MIGUEL DE GUZMANNATIONAL Economic and Development Authority Secretary Arsenio M. Balisacan is hopeful the economy grew by at least 6% in the first quarter, as rate cuts and cooling inflation drove up domestic consumption.Mr. Balisacan
A PROTESTER holds a French national flag as people gather to protest against the French far-right Rassemblement National (National Rally - RN) party, at the Place de la Republique following partial results in the first round of the early 2024 legislative elections, in Paris, France,
REUTERSBy Revin Mikhael D. Ochave, ReporterTHE Philippine Stock Exchange index (PSEi) could still settle as high as the 7,800 level by yearend, although global economic uncertainties may affect this outlook, analysts said.“We are keeping our PSEi target for 2025 at 7,800, based on a 13x
LT Group, Inc. to convene for Annual Meeting of Stockholders on May 7 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers
Metro Retail Stores Group, Inc. announces Annual Stockholders' Meeting on May 9 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to
ONE LANCASTER PARK in Imus, Cavite, a joint venture between Megawide’s PH1 World Developers, Inc. and Property Company of Friends, Inc. (Pro-Friends). — BW FILE PHOTOSAAVEDRA-LED infrastructure conglomerate Megawide Construction Corp. has raised P5.3 billion from its preferred shares offering.The company listed its Series 6
DoubleDragon Corp., the listed property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, held the topping-off ceremony for the Hotel101-Madrid project on April 11.DOUBLEDRAGON CORP. (DD) said the 680-room Hotel101-Madrid project of its hotel subsidiary Hotel101 Global Pte. Ltd. in Spain is
MICHAEL FOUSERT/UNSPLASHGLOBE Telecom, Inc., through Globe Fintech Innovations, Inc. (Mynt), said it had closed two investment tranches to acquire a stake in AB Capital Securities, Inc. (ABCSI).“As of December 31, 2024, Mynt has closed the two investment tranches and currently owns 16% of ABCSI,” Globe
STEELASIA MANUFACTURING CORP FACEBOOKSTEELASIA Manufacturing Corp. has tapped Italy’s Danieli Co., Ltd. to build its heavy steel sections mill in Candelaria, Quezon.Under the agreement, Danieli will supply all the core equipment and technology required for the P30-billion steel mill project.Using Danieli’s green technologies, the Candelaria
1 of 2KUYA J RESTAURANT recently highlighted certain menu items in time for the Lenten season and the record summer heat, at a tasting event at its Venice Grand Canal Mall branch in McKinley Hill, Taguig City.Four halo-halo flavors are now available on the menu
GAC MOTOR PHILIPPINESASTARA PHILIPPINES-LED GAC Motor Philippines expects its sales to reach 4,000 units this year, driven by demand for its Emzoom model and a shift among customers toward electrified vehicles.“For all GAC offerings, our plan is to grow it again and reach 4,000,” Luis