Motorists queue at a gasoline station in Quezon City. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Chloe Mari A. Hufana, ReporterPHILIPPINE President Ferdinand R. Marcos, Jr. has ordered agencies to prepare for potential spikes in global oil prices amid worsening tensions in the Middle East, a major

President Ferdinand R. Marcos, Jr. delivers his third State of the Nation Address before the joint session of the 19th Congress at the Plenary Hall of the House of Representatives, July 22, 2024. — PHILIPPINE STAR /KJ ROSALESBy Kenneth Christiane L. Basilio, ReporterTHE INCOMING 20th

High-rise buildings dominate the Metro Manila skyline. — PHILIPPINE STAR/EDD GUMBANBy Justine Irish D. Tabile, ReporterDELAYS in the implementation of infrastructure projects are dragging down the Philippines’ competitiveness in Southeast Asia, experts said.Jamil Paolo S. Francisco, executive director of the Asian Institute of Management (AIM)

Bitcoin cryptocurrency representation is pictured on a keyboard in front of binary code in this illustration taken Sept. 24, 2021. — REUTERSTHE PHILIPPINES will implement a crypto-asset framework as part of its efforts to combat cross-border tax evasion and illicit financial flows, the Department of

1 of 2PALM WEAVING, or puni, was once a dying art. For Jonnah Garcia, founder of the social enterprise Punique Handicrafts, the purpose of weaving or braiding leaves easily goes beyond palaspas, the palm fronds used by worshippers in Catholic churches during Palm Sunday. “Our

AYALALAND.COM.PHFORTY PHILIPPINE companies have been included in Fortune’s 2025 Southeast Asia 500 list, led by San Miguel Corp. (9th), SM Investments Corp. (25th), Manila Electric Co. (35th), Ayala Corp. (47th), and JG Summit Holdings, Inc. (50th).The list ranks the region’s largest companies by revenue as

1 of 2FOR THE PAST 20 years, the Center for Art, New Ventures and Sustainable Development (CANVAS) has been promoting literacy and exploring national identity among children through art exhibits and children’s books, commissioning various acclaimed Filipino artists and writers.Elias and His Trees, CANVAS’ first

ACENRENEWABLES.COMACEN Corp., the listed energy platform of the Ayala group, is divesting its remaining diesel power assets as it aims to achieve full renewable energy (RE) generation by the end of 2025.In a regulatory filing on Tuesday, ACEN said its executive committee had approved the

FACEBOOK.COM/CELIADIAZLAURELMULTI-TALENTED theater and film actor Victor D. Laurel, known by most as Cocoy Laurel, passed away on June 14. He was 72 years old.Mr. Laurel was born on March 2, 1953, to acclaimed stage actress, painter, and set and costume designer Celia Diaz Laurel and

CEBUPACIFICAIR.COMBUDGET carrier Cebu Pacific (CEB), operated by Cebu Air, Inc., has signed a 12-year engine maintenance agreement with American aerospace manufacturer Pratt & Whitney to support the optimization of its expanding fleet.In a stock exchange disclosure on Tuesday, the airline said the long-term agreement covers

Allied Care Experts (ACE) Medical Center - Legazpi, Inc. notifies stockholders of Annual Meeting on July 10 via Zoom - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored