ABOITIZPOWER.COMABOITIZ Power Corp. (AboitizPower) plans to issue up to P30 billion in fixed-rate retail bonds by the second quarter, as part of its P100-billion shelf registration program.In a stock exchange disclosure on Wednesday, AboitizPower said its board of directors had approved the filing of a

THE BIYAYA (Filipino for “blessing” or “gift”) Sustainable Living Festival is branching out from the Manila Coffee Festival to include more local products, especially woven textiles and other crafts. The festival will be held from March 14 to 16 at Parqal in Aseana City, Parañaque.In

THE BELLAGIO PALAWANLISTED PROPERTY developer Megaworld Corp. saw its attributable net income for 2024 rise by 11.7% to P21.67 billion, driven by revenue growth from the company’s residential business.“Moving forward, we will set our eyes on more innovations as well as on how we can

1 of 5Pernod Ricard Philippines introduces digital labelsPERNOD RICARD Philippines is rolling out its digital label initiative across its entire brand portfolio. The beverages giant is integrating QR code-enabled digital labels on all brands, such as Beefeater Gin, Jameson Irish Whiskey, Ballantine’s Scotch Whisky, Chivas

MINIMART CHAIN Alfamart plans to expand its store network by adding at least 200 more stores in Luzon this year, the SM group announced on Wednesday.This expansion will further strengthen Alfamart’s growth, as it ended 2024 with a total of 2,400 stores nationwide, SM Investments

PHILSTAR FILE PHOTO/PIXABAYTHE PHILIPPINE digital economy is expected to remain robust this year amid the continued growth of the e-commerce and financial technology (fintech) sectors and increased adoption of artificial intelligence (AI) technologies, analysts said.“The Philippine digital economy is forecast to sustain robust growth in

MEGAWIDE.COM.PHTHE SECURITIES and Exchange Commission (SEC) has approved Megawide Construction Corp.’s public offering of up to P5.95 billion in preferred shares.In a media release on Wednesday, the SEC said its Commission En Banc authorized Megawide to offer 30 million Series 6 preferred shares, with an

BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterTERM DEPOSIT YIELDS fell on Wednesday after the Bangko Sentral ng Pilipinas (BSP) further slashed the reserve requirements for banks and nonbanks.The BSP’s term deposit facility (TDF) attracted bids worth P194.816 billion, more than the P190 billion

PHILIPPINE STAR/ RUSSELL PALMACashless toll payments are in limbo. Newly appointed Transportation Secretary Vivencio Dizon has indefinitely suspended the mandatory transition to full cashless tollways by March 15, calling the plan “anti-poor.” Dizon told the media, “I think this cashless thing is torture, so I

STOCK PHOTO | Image by andrespradagarcia from PixabayFILIPINO BRANDS are expected to increase their use of generative artificial intelligence (GenAI) to boost customer visibility, according to the Boston Consulting Group (BCG).“In the Philippines, [GenAI] progress is a bit slower, but one area we anticipate will

DONNABEL KUIZON CRUZDONNABEL KUIZON CRUZ, president and chief executive officer of Prime Energy, has been elected chairperson of the Philippine Petroleum Association of the Upstream Industry (Oil & Gas), Inc. (PAP). “Together, we will continue advancing the responsible development of the country’s oil and gas

THE PHILIPPINE Deposit Insurance Corp. (PDIC) last year paid depositors P281.5 million in insurance after the central bank closed three banks.These were for Rural Bank of Cuyo (Palawan), Inc., Cooperative Bank of Bohol and Community Rural Bank of Medellin (Cebu), Inc., all of which are