A 2019 aerial view of the Subic Special Economic and Freeport Zone. — COMMONS.WIKIMEDIA.ORG(This column is based on the speech delivered by the author at the Italian Chamber of Commerce during the Philippines’ Subic-Clark Business Conference on July 17.)At a time when the global economy

PHILIPPINE National Bank’s (PNB) net profit jumped by 28.95% year on year in the second quarter amid the continued growth of its core business.The bank’s net income went up to P6.43 billion in the three months through June, up from P4.98 billion in the same

STOCK PHOTO | Image by Nastuh Abootalebi from UnsplashBy Beatriz Marie D. Cruz, ReporterMETRO MANILA’S office vacancy rate is projected to drop below 10% by 2028, fueled by the steady expansion of the information technology and business process management (IT-BPM) sector, according to real estate services

Panlilio joins board of Marcventures Holdings - BusinessWorld Online                                    ALFREDO S. PANLILIO — BW FILE PHOTOMANAGEMENT Association of the Philippines (MAP) President and seasoned executive Alfredo

BW FILE PHOTODIGITAL BANKS’ nonperforming loan (NPL) ratio fell to a near two-year low in May as soured debts declined even as they disbursed more loans, latest data from the Bangko Sentral ng Pilipinas (BSP) showed.The digital banking sector’s gross NPL ratio declined to 7.15%

FILINVESTGROUP.COMPROPERTY DEVELOPERS in the Philippines are integrating wellness features and golf courses into estate developments to capture demand from the growing retirement market.Ayala Land Hospitality, which manages a portfolio of 4,000 rooms across its homegrown and luxury brands, aims to attract retirees by incorporating wellness

EPLDT.COMPLDT INC., through its unit ePLDT, Inc., said all its flagship data centers have received Rated 3 certifications for both design and facility, as part of efforts to help establish the Philippines as a data center and artificial intelligence (AI)-ready hub.“Our goal has always been

Yesterday, President Ferdinand R. Marcos, Jr. delivered his fourth State of the Nation Address (SONA). Since this column was submitted several hours before the SONA was held at 4 p.m. Monday, I have looked back on some of the President’s pronouncements in his last three

BW FILE PHOTOUNION BANK of the Philippines, Inc. (UnionBank) booked a net income of P3.25 billion in the first half on the back of strong revenues, it said on Monday.The bank’s revenues rose by 9.2% year on year to P39.7 billion in the period amid

BW FILE PHOTOPHILIPPINE STOCKS ended lower for the third straight day on Monday before President Ferdinand R. Marcos, Jr. delivered his State of the Nation Address (SONA) after the market’s close.The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.52% or 33.43 points to close