rawpixel.com | FreepikBy Mhicole A. Moral, Special Features and Content WriterBusiness leaders around the world are heading into 2025 with confidence about economic growth but face mounting pressure to reinvent their companies for long-term survival.According to PwC’s 28th Annual Global CEO Survey, nearly three in

Woman holds US dollar banknotes in this illustration taken on May 30, 2022. — REUTERS/DADO RUVIC/ILLUSTRATIONBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES in January posted its biggest balance of payments (BoP) deficit in over a decade, preliminary data from the Bangko Sentral ng Pilipinas

The logo of Saudi Aramco is pictured outside Khurais, Saudi Arabia, Oct. 12, 2019. — REUTERSBy Sheldeen Joy Talavera, ReporterSAUDI ARABIA’S Aramco is returning to the Philippine market as it is set to acquire a 25% equity stake in Unioil Petroleum Philippines, Inc.In separate statements,

macrovector_official | FreepikThe Asian economy tells a compelling story — one that is resilient, transformative, and shaping the global economic landscape. Such story is carried by executives who see 2025 as another year poised for economic growth, filled with optimism and reinvention, as reflected in

Motorists deal with heavy traffic along EDSA in Makati City. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Justine Irish D. Tabile, ReporterPHILIPPINE AUTOMOTIVE sales are expected to reach 500,000 units in 2025, according to the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).A joint report by

PHILIPPINE STAR/EDD GUMBANTHE PHILIPPINES is unlikely to be impacted by US President Donald J. Trump’s tariff plans, S&P Global Ratings said, but warned this could change if service exports are also targeted.“Thankfully for the Philippines, the export component of the economy is not large. The

prostooleh | FreepikAfter the coronavirus disease 2019 (COVID-19) pandemic brought a debilitating start to the 2020s, the halfway point of the decade promises to bring distinct opportunities, new challenges, and rapid changes that can impact professionals and organizations.To get a headstart in 2025, business leaders

AboitizPower’s 173-MWp Calatrava solar in Negros OccidentalAboitiz Power Corporation (AboitizPower) expects continued progress in 2025, bolstered by its business and operational achievements last year, which saw developments in its ambitious program to grow its renewable energy fleet by three times by 2030.“AboitizPower remains focused on

Photo from insurance.gov.phEstablished on Jan. 3, 1949, through Republic Act No. 275, the Insurance Commission (IC) was created to regulate and supervise the insurance, pre-need, and health maintenance organization (HMO) industries in the country.From its humble beginnings, the IC has grown into a forward-thinking agency,

BW FILE PHOTOThe Philippines’ insurance industry is one of the country’s budding sectors driven by financial inclusion efforts, digital innovations, and increasing consumer awareness. Tasked to strengthen and regulate these pre-need companies in the Philippines, the Insurance Commission (IC) has been implementing prudent and progressive

ABOITIZPOWER.COMABOITIZ POWER Corp. (AboitizPower) said it will shut down two fossil fuel power plants in Naga City, Cebu, with a combined capacity of 45.08 megawatts (MW).Therma Power-Visayas, Inc. (TPVI) will decommission its 44.64-MW Naga Oil-Fired Power Plant and 0.44-MW Black Start Diesel Engine Generating Unit,