US dollar banknotes are seen in this photo illustration taken Feb. 12, 2018. — REUTERSBANKS’ outstanding foreign currency-denominated loans inched down at end-March, the Bangko Sentral ng Pilipinas (BSP) said late on Monday.Outstanding loans granted by banks’ foreign currency deposit units (FCDU) stood at $15.782

DAMOSA LAND President Cary Lagdameo (left) and MWPV Chief Operating Officer Melvin Tan (right). — MANILA WATER CO., INCMANILA WATER Co., Inc., through its non-East Zone subsidiary Manila Water Philippine Ventures, Inc. (MWPV), has inaugurated a water treatment plant (WTP) in Davao del Norte that

Basic Energy Corp. to hold Annual Stockholders' Meeting on July 23 - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand

1 of 4THE Modern and Contemporary Art Festival (MoCAF) is evolving into a bigger platform in its fourth year, with 50 exhibitors representing over 200 artists and nearly 40 independent artisans. From July 11 to 13, MoCAF will present galleries, experiences, and dialogues at theMarquis

MANILA ELECTRIC CO.MANILA ELECTRIC Co. (Meralco) has activated its “smart” substation in Parañaque City to support growing energy demand in key economic hubs in the southern part of Metro Manila, the power distributor said on Tuesday.“With the energization of ASEANA Substation, we continue to deliver

REGINALDO ANTHONY B. CARIASORIZAL COMMERCIAL Banking Corp. (RCBC) has appointed Reginaldo Anthony B. Cariaso as its president and chief executive officer (CEO) effective July 1, it said on Tuesday.Mr. Cariaso, who was tapped to be the bank’s deputy CEO starting January, succeeds Eugene S. Acevedo

STOCK PHOTO | Image from Freepik(Part 3)The case of the US youth who committed suicide abetted by a chatbot that was so human-like that the adolescent literally romantically fell in love with it illustrates how important it is to regulate the AI industry to prevent

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BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas’ (BSP) current monetary easing cycle is expected to be “deeper” compared to some of its Southeast Asian peers amid a benign inflation outlook, with one more rate cut likely this year, Bank of America (BofA) Global Research said.“The

FedEx expands import permit services in Philippines - BusinessWorld Online                                    FEDEX.COMFEDERAL EXPRESS CORP. (FedEx), an American multinational logistics provider, has expanded its export permit services in

1 of 5Solidaridad Bookshop up for sale after 59 yearsTHE iconic Solidaridad Bookshop in Ermita, Manila, founded by the late National Artist for Literature F. Sionil José, has announced that it is now for sale. In an interview with the student publication The Varsitarian, the

PHILIPPINE COAST GUARD, PHILIPPINE BUREAU OF FISHERIES AND AQUATIC RESOURCESThat Chinese aggression towards Philippine vessels right within our own Exclusive Economic Zone is taking place with alarming frequency does not make it any less reprehensible, legal, or morally right.Just a few days ago, on June