VEHICLES occupy both sides of Escolta Street in Manila on Sunday. — PHILIPPINE STAR/RYAN BALDEMORBy Justine Irish D. Tabile, ReporterLOCAL AUTOMAKERS have also expressed interest in participating in the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, the Department of Trade and Industry (DTI)

BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterTHE SECURITIES and Exchange Commission (SEC) recently increased the number of industries that can avail of the one-day company registration process.In a statement, the corporate regulator said it expanded the list of industries eligible for one-day company registration

CATHY ROSE A. GARCIATHE BANGKO SENTRAL ng Pilipinas (BSP) will start implementing a new format for communicating monetary policy decisions starting Aug. 28, as part of efforts to increase transparency.In a statement, the BSP said it will release its statement on monetary policy on its

PHILIPPINE STAR/ MICHAEL VARCASTHE METRO MANILA office market is expected to see continued demand for high-quality and strategically located properties, but fringe areas are facing oversupply, according to property consultancy firm Cushman & Wakefield.In its Second Quarter 2025 Philippine Office and Investment MarketBeat report, the

ACENRENEWABLES.COMGIGAWIND4, INC., an ACEN Corp. unit, is earmarking P34.5 billion for a wind power project in Tayabas, Quezon, with a planned capacity of 247 megawatts (MW).“In the pursuit of a sustainable and low-carbon future, the proposal for the 247-MW wind farm represents a strategic initiative,”

8990 Holdings stockholders approve voluntary delisting - BusinessWorld Online                                    8990HOLDINGS.COMREAL ESTATE developer 8990 Holdings, Inc. has secured stockholders’ approval for its planned voluntary delisting from the

1 of 8By Almira Louise S. Martinez, ReporterLOW SEASON came early at one of the most popular summer destinations, El Nido, according to a manager in one of the hotels in the coastal town. Yet, despite the gloomy weather, tourists can still enjoy an unforgettable

FEDERICO R. LOPEZ, chairman and CEO of First Gen Corp. and Energy Development Corp. (EDC), receives a memento from Frankie Oesman Widjaja, chairman of PT Dian Swastatika Sentosa Tbk, to mark the partnership between the two companies to jointly explore the development of about 400

BW FILE PHOTOTHE GOVERNMENT made a full award of its dual-tranche offering of Treasury bonds (T-bonds) on Wednesday at lower yields before an expected rate cut by the Bangko Sentral ng Pilipinas (BSP).The Bureau of the Treasury (BTr) raised P35 billion as planned via its

1 of 2ALTHOUGH the Philippines is a coffee-drinking culture, Chinese milk tea brand Chagee is hoping to kickstart Filipinos’ newfound appreciation for tea. Its executives recently told the press that it will be bringing “the premium tea bar experience” to the Philippines.“Tea has a global

Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped on Wednesday, even as the one-week tenor went undersubscribed, ahead of the anticipated rate cut at the Monetary Board’s meeting on Thursday.Bids for

Christopher Jaime T. Lichauco, incoming chief operating officer of Maynilad Water Services, Inc., effective Sept. 1.WEST ZONE concessionaire Maynilad Water Services, Inc. has appointed Christopher Jaime T. Lichauco as its new director and chief operating officer (COO), effective Sept. 1.He will replace Randolph T. Estrellado,