The first phase of the Cavite Extension was projected to add roughly 80,000 daily passengers, potentially bringing ridership back up to around 403,000. -- CREDITS: Arjay L. BalinbinMETRO PACIFIC Investments Corp.’s (MPIC) plan to divest its stake in Light Rail Manila Corp. (LRMC), the operator
PNB looks to raise at least P3B from dual-tenor bond offering - BusinessWorld Online BW FILE PHOTOPHILIPPINE NATIONAL Bank (PNB) targets to raise at least P3
BW FILE PHOTOSY-LED SM Investments Corp. (SMIC) posted a 6% increase in nine-month consolidated net income, driven largely by its banking business.For the January-to-September period, SMIC’s net income rose to P64.4 billion from P60.9 billion a year earlier, with banking contributing 50% of total earnings,
Prof. Bengal’s Kind KibbleACTRESS LIZA SOBERANO, who moved to Los Angeles to pursue international stardom, is doing a lot more in her new home. She’s recently taken in five cats (a mother and her kittens). On Nov. 6, at SM Mall of Asia (MOA) Seaside
INSURANCE.GOV.PHTHE INSURANCE industry saw its premium income rise by 13.25% year on year to P372.08 billion as of end-September, driven by the life insurance sector.This was about P50 billion higher than the total premiums booked by life and nonlife insurance companies and mutual benefit associations
NICKELASIA.COMNICKEL ASIA CORP. (NAC) reported a more than twofold increase in attributable net income for the third quarter (Q3), driven by higher nickel ore prices and strong export performance.For the three months ended Sept. 30, the company’s attributable net income reached P3.09 billion, up 115.51%
Dining In/Out (11/13/25) - BusinessWorld Online Korea’s Daily Beer lands in Manila on Nov. 30KOREAN BEER and fried chicken restaurant Daily Beer opens this Nov. 30
BW FILE PHOTOTHE TERM DEPOSITS offered by the Bangko Sentral ng Pilipinas (BSP) fetched a lower average rate on Wednesday as the offer was met with strong demand, with weak third-quarter gross domestic product (GDP) growth fueling bets of further policy easing.The seven-day tenor of
CBKPOWER.COMABOITIZ POWER Corp. (AboitizPower) hopes to complete the P36-billion acquisition of the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) by the end of the year.“The CBK acquisition is currently being evaluated by the PCC (Philippine Competition Commission); we still expect for financial close to
PRESIDENT Ferdinand “Bongbong” R. Marcos, Jr. greets Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation Leaders’ Meeting in South Korea in this Nov. 1 photo posted on the BONGBONG MARCOS FACEBOOK PAGEDo whatever it takes to mend ties with China.But without compromising our core
THE BANGKO SENTRAL ng Pilipinas (BSP) saw its net profit decline in the first eight months of 2025 as it booked lower revenues.The central bank’s net income fell by 17.71% year on year to P86.9 billion at end-August from P105.6 billion a year ago, according
credit to Canon PhilippinesCANON has announced its latest EOS R mirrorless camera, the full-frame EOS R6 Mark III, which will soon be available in the Philippines.Local pricing details are not yet available. Based on Canon’s US website, the body is priced at $2,799 (around P165,000).