BANK OF THE PHILIPPINE ISLANDSBANK of the Philippine Islands (BPI) saw its net income increase by 9% year on year in the first quarter as it booked higher revenues.The bank’s net profit rose to P16.6 billion in the quarter ended March 31 from P15.3 billion
Life and legacy of National Artist Nora Aunor honored in public necrological service - BusinessWorld Online NORA AUNORTHE National Commission for Culture and the Arts (NCCA)
ALTERNERGY Holdings Corp. has drawn P3.256 billion from its P5.3-billion project loan facility with Rizal Commercial Banking Corp. (RCBC) to partially fund the development of its 64-megawatt (MW) Alabat Wind Power Project in Quezon province, the energy company said on Monday.“We are grateful to RCBC
PetroEnergy’s 2024 income soars to P471M - BusinessWorld Online PETROENERGY.COM.PHPETROENERGY RESOURCES CORP. (PERC) reported a nearly threefold increase in its attributable net income for 2024, rising
FREEPIKHistorically celebrated for its remarkable beauty and biodiversity, the Philippines’ archipelagic geography has emerged as a critical economic challenge. Today, logistics costs consume an alarming 27.5% of the country’s GDP — the highest among ASEAN nations — significantly hindering economic growth, inflating consumer prices, and
LAND BANK OF THE PHILIPPINESLAND BANK of the Philippines (LANDBANK) saw an 67% increase in digital transactions via its online channels last year, it said on Monday.The state-run lender facilitated 162.28 million digital transactions last year, up from 97.08 million in 2023, it said in
Upson International profit climbs on store expansion - BusinessWorld Online UPSON.COM.PHLISTED information technology and electronics retailer Upson International Corp. posted a 3.7% increase in its net
PHILIPPINE STAR/NOEL PABALATEAsked by a broadcast political commentator what he thought of President Ferdinand Marcos, Jr.’s senatorial slate for the 2025 midterm elections, former Senate President Franklin Drilon said with a tinge of disappointment. “It is composed of people who can sing and dance.”I understand
BANGKO SENTRAL NG PILIPINASYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities inched higher on Monday, with both tenors being oversubscribed.The BSP securities auctioned off on Monday fetched bids amounting to P124.432 billion, higher than the P120-billion offer but below the P153.009 billion in
The UK is set to ramp up its weapons manufacturing capabilities in a strategic move to reduce reliance on imports from the United States and France, amid growing concerns over the reliability of international defence partners. BAE Systems, Europe’s largest defence contractor, is spearheading the effort
London Gatwick has once again been named the UK’s most delay-prone airport, according to official figures from the Civil Aviation Authority (CAA). Flights from the West Sussex airport departed an average of 23 minutes late in 2024 — the worst performance among Britain’s major airports for
Drones could soon be deployed for NHS deliveries, offshore wind turbine inspections and supply missions to oil rigs under sweeping changes to the UK’s drone regulations planned for 2026. The government is preparing to allow drones to fly beyond the operator’s visual line of sight (BVLOS),