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New San Vicente airport in Palawan to boost local tourism industry

Jun 24, 2017 - 9:24 PM

The airport can accommodate only private planes for now, but Mayor Maria Carmela Alvarez says it will operate commercially by the 'last quarter of this year or early next year'

New San Vicente airport in Palawan to boost local tourism industry

Globe offers free calls, text messages for 15 days in Marawi

Jun 22, 2017 - 9:45 PM

Globe's prepaid customers in crisis-hit Marawi City can send free texts to all networks and make free calls to Globe and TM networks

Globe offers free calls, text messages for 15 days in Marawi

Cebu Pacific adds night flights to Boracay

Jun 22, 2017 - 4:43 PM

Cebu Pacific says this is in response to a long-standing tourist request

Cebu Pacific adds night flights to Boracay

Airbus, Boeing eye lucrative maintenance market

Jun 22, 2017 - 12:07 PM

Airbus and Boeing are targeting the service and maintenance market as a means of boosting business, with the global fleet of planes on course to double by 2036

Airbus, Boeing eye lucrative maintenance market

P46 million mistakenly withdrawn from BPI during system glitch

Jun 22, 2017 - 11:36 AM

BPI president and CEO Cezar Consing says 'most if not all' of the amount has been returned, with a majority of affected accounts involving those owned by small businesses

P46 million mistakenly withdrawn from BPI during system glitch

LIVE: House hearing on BPI, BDO glitches

Jun 22, 2017 - 8:29 AM

Watch the hearing live on Rappler

LIVE: House hearing on BPI, BDO glitches

5 non-life insurance firms intend to close down

Jun 21, 2017 - 8:34 PM

The companies fear they will not be able to comply with future capital requirements by the Philippine Insurers and Reinsurers Association

5 non-life insurance firms intend to close down

Philippine Airlines set to launch Bohol-South Korea route

Jun 21, 2017 - 7:30 PM

PAL will have direct flights from Tagbilaran to Incheon beginning Thursday, June 22. It will also open a Bohol-Cebu route.

Philippine Airlines set to launch Bohol-South Korea route

Doing business under Duterte? Philippines' richest family shows how

Jun 21, 2017 - 7:13 PM

Henry Sy Sr's conglomerate is expanding its presence in China and Mindanao. His group has also started submitting unsolicited proposals for public infrastructure.

Doing business under Duterte? Philippines' richest family shows how

BPI, BDO take preventive measures to avoid repeat of glitches, fraud

Jun 21, 2017 - 2:48 PM

Testimonies of bank representatives before the Senate reveal loopholes that made their systems vulnerable

BPI, BDO take preventive measures to avoid repeat of glitches, fraud

BPI on June 6 glitch: '100% not a hack'

Jun 21, 2017 - 1:06 PM

BPI says an overzealous programmer is responsible for the system glitch that affected 1.5 million of its 8 million clients

BPI on June 6 glitch: '100% not a hack'

LIVE: Senate hearing on BPI, BDO glitches

Jun 21, 2017 - 7:58 AM

Watch the hearing live on Rappler

LIVE: Senate hearing on BPI, BDO glitches

Philippine Airlines orders 7 planes for $235 million

Jun 20, 2017 - 7:50 PM

PAL will buy 7 Q400 turboprops from Canada's Bombardier as it aims to increase its fleet serving smaller islands in the Philippines

Philippine Airlines orders 7 planes for $235 million

Asia Brewery to produce Tiger, Heineken beer locally this year

Jun 20, 2017 - 5:58 PM

'We'll start producing Tiger beer first this year and then later move on to producing Heineken locally which we are trying for this year also,' says LT Group president Michael Tan

Asia Brewery to produce Tiger, Heineken beer locally this year

DoubleDragon, Ascott to build 5-star luxury serviced apartment in Pasay

Jun 19, 2017 - 2:22 PM

Ascott-DD Meridian Park Manila will sit on a 5,567-square-meter lot within the 4.8-hectare complex of DoubleDragon and is set to have over 300 units

DoubleDragon, Ascott to build 5-star luxury serviced apartment in Pasay

Boeing, Airbus to battle it out at Paris Air Show

Jun 19, 2017 - 12:12 PM

The biennial Paris Airshow, which runs to June 25, is expected to attract 150,000 industry professionals from 2,370 companies

Boeing, Airbus to battle it out at Paris Air Show

MRC Allied to venture into energy

Jun 19, 2017 - 12:00 AM

Not all power projects would be built from scratch as MRC Allied is open to acquiring or partnering with existing renewable energy developers

MRC Allied to venture into energy

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms, including 4 Andrew Tan-led businesses, will need to sell more shares to the public if SEC hikes the minimum public float to 20%

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

BDO gets reports of 'potentially compromised ATMs'

Jun 16, 2017 - 12:15 PM

(2ND UPDATE) BDO Unibank asks customers with unauthorized transactions to contact the bank

BDO gets reports of 'potentially compromised ATMs'

San Miguel group to comply with 20% minimum public float

Jun 15, 2017 - 5:10 PM

Tycoon Ramon Ang confirms San Miguel Corporation and its unit San Miguel Pure Foods will sell some shares for compliance

San Miguel group to comply with 20% minimum public float

PLDT sells remaining stake in Beacon to MPIC

Jun 14, 2017 - 1:30 PM

Metro Pacific Investments Corporation, the sister company of PLDT, buys the telco's remaining stake in Beacon for P21.8 billion

PLDT sells remaining stake in Beacon to MPIC

PLDT eyes gains from manpower reduction, asset sales but expects 'steep climb'

Jun 13, 2017 - 11:35 PM

The telco is projecting savings of around P7 billion over several years from outsourcing its IT to IBM, and is still eyeing selling the rest of its stake in Meralco

PLDT eyes gains from manpower reduction, asset sales but expects 'steep climb'

DOT stands by 'Sights' ad despite plagiarism accusations

Jun 13, 2017 - 8:20 PM

Tourism Assistant Secretary Frederick Alegre says that while the Philippine ad is similar to South Africa's, it has a unique proposition of attracting retirees

DOT stands by 'Sights' ad despite plagiarism accusations

White House calls for rollback of U.S. banking regulations

Jun 13, 2017 - 7:38 PM

While they do not call for scrapping the entire Dodd-Frank law, the new measures would implement a series of far-reaching changes, especially over the supervision of large banks

White House calls for rollback of U.S. banking regulations

San Miguel's P1-trillion petrochem facility to break ground by end-2017

Jun 13, 2017 - 7:10 PM

The planned oil refinery will mainly produce petrochemicals, with a capacity of 250,000 barrels per day

San Miguel's P1-trillion petrochem facility to break ground by end-2017

Resorts World Manila operator vows to 'defend' gaming license

Jun 13, 2017 - 6:00 PM

This comes after the Philippine Amusement and Gaming Corporation's decision to suspend the provisional license of the casino

Resorts World Manila operator vows to 'defend' gaming license

Empire East unaffected by Resorts World Manila attack

Jun 13, 2017 - 2:18 PM

Empire East will continue to invest and expand in the Philippines, allocating P25 billion in capital spending budget over the next 5 years to fund its projects in Metro Manila and the south

Empire East unaffected by Resorts World Manila attack

Gulf air embargo only applies to Qatar companies – UAE

Jun 13, 2017 - 1:17 PM

(UPDATED) The ban does not apply to aviation companies and aircraft not registered in Qatar and the 3 neighboring countries, and which wish to cross their airspace to and from Qatar, they say

Gulf air embargo only applies to Qatar companies – UAE

General Electric announces retirement of CEO Jeff Immelt

Jun 12, 2017 - 8:00 PM

Immelt, who has served in the role since 2001, will hand his chief executive position over to John Flannery on August 1, the company says

General Electric announces retirement of CEO Jeff Immelt

Marissa Mayer fades out as Yahoo ends its run

Jun 12, 2017 - 11:23 AM

Marissa Mayer is likely headed for the exit as Yahoo ends two-decade run as an independent company

Marissa Mayer fades out as Yahoo ends its run

Gulf crisis threatens Qatar Airways transit business – experts

Jun 12, 2017 - 11:10 AM

Qatar Airways has made Doha a global hub in just a few years, but barring it from Gulf states' airspace threatens its position as a major transcontinental carrier

Gulf crisis threatens Qatar Airways transit business – experts

MVP group still keen on GMA-7 stake

Jun 12, 2017 - 8:30 AM

'We are open anytime, but the offer must be acceptable to us,' says Manuel V. Pangilinan

MVP group still keen on GMA-7 stake

Megawide group proposes P208-billion Cebu airport expansion

Jun 12, 2017 - 12:45 AM

This would make the Cebu airport the only Philippine airport with two independent parallel runways, seen to serve annual passenger capacities of up to 50 million

Megawide group proposes P208-billion Cebu airport expansion

Eton taps Aboitiz for power supply

Jun 11, 2017 - 11:40 PM

Under the agreement, Eton Properties will be sourcing 5.2 MW from the MakBan Geothermal Power Plant in Batangas

Eton taps Aboitiz for power supply

Free Wi-Fi for 1st 30 minutes along EDSA starting June 12

Jun 11, 2017 - 10:00 PM

After the 1st 30 minutes, users can extend for P20 for two hours valid for two days or P50 for 10 hours valid for 5 days

Free Wi-Fi for 1st 30 minutes along EDSA starting June 12

European mobile operators brace for end of roaming charges

Jun 11, 2017 - 12:12 PM

Roaming charges will be lifted in Europe starting June 15, raising pressure on operators in a tight market

European mobile operators brace for end of roaming charges

SiriusXM invests big in Pandora in radio union

Jun 09, 2017 - 11:21 PM

The move comes amid rapid changes in the music business as Pandora, which has seen its model lose ground to on-demand online platforms such as Spotify, last month appealed for buyers

SiriusXM invests big in Pandora in radio union

Free rides during peak hours on all LRT, MRT lines for Independence Day

Jun 09, 2017 - 6:36 PM

Commuters will have free rides on Monday, June 12, in all 20 stations of LRT-1 from Baclaran in Parañaque City to Roosevelt in Quezon City, from 7-9 am and from 5-7 pm

Free rides during peak hours on all LRT, MRT lines for Independence Day

Pagcor suspends Resorts World gaming license

Jun 09, 2017 - 6:15 PM

Resorts World Manila says it has tapped a global security firm to review and beef up its security protocols

Pagcor suspends Resorts World gaming license

Senate to probe BPI system glitch

Jun 09, 2017 - 3:06 PM

'This is demanded by constituents who are not satisfied with the public statements of the bank,' says Senate President Aquilino Pimentel III

Senate to probe BPI system glitch

BPI clients frustrated over service concerns, money woes due to glitch

Jun 08, 2017 - 11:20 PM

"It's disappointing because it's BPI. It's not some bank. It's BPI," said one customer

BPI clients frustrated over service concerns, money woes due to glitch

BPI says clients can access electronic services again

Jun 08, 2017 - 10:50 PM

These banking functions – automated teller machines (ATMs), online banking, and mobile banking – could reportedly be accessed as of Thursday evening, according to a BPI tweet

BPI says clients can access electronic services again

Solaire reports booking cancellations after Resorts World attack

Jun 08, 2017 - 6:29 PM

'It should normalize soon now that it's clear it is a robbery, not a terrorist attack,' says Bloomberry Resorts Corporation chairman and CEO Enrique Razon Jr

Solaire reports booking cancellations after Resorts World attack

BPI still 'rectifying' mispostings on accounts

Jun 08, 2017 - 12:38 AM

(UPDATED) BPI issues the advisory 12 hours after it announced that it had fixed the system glitch that caused unauthorized transactions on client accounts

BPI still 'rectifying' mispostings on accounts

Cebu Pacific to buy 7 Airbus jets for $812 million

Jun 07, 2017 - 11:03 PM

Cebu Pacific, best known for its budget flights, says the new planes will start arriving next March

Cebu Pacific to buy 7 Airbus jets for $812 million

South Korea offers to fund Philippine infrastructure projects

Jun 07, 2017 - 7:15 PM

The Export-Import Bank of Korea (KEXIM) offers concessional loans and a knowledge-driven program that will enable South Korea to share its successes and failures to the Philippines

South Korea offers to fund Philippine infrastructure projects

BPI urges clients not to 'panic' over system glitch

Jun 07, 2017 - 6:17 PM

'The glitch did not affect all BPI clients although it may appear so due to social media,' says BPI Senior Vice President Catherine Santamaria

BPI urges clients not to 'panic' over system glitch

LRT1 operator completes restoration, vows more daily rides soon

Jun 07, 2017 - 4:25 PM

Light Rail Manila Corporation will be able to increase trips to 554 from the current 498 daily

LRT1 operator completes restoration, vows more daily rides soon

BPI assures clients: You'll get your money back

Jun 07, 2017 - 10:13 AM

(UPDATED) 'This is simply a glitch. The amount will be restored by the end of the day,' says BPI president and CEO Cezar Consing

BPI assures clients: You'll get your money back

BPI system glitch causes mispostings on client accounts

Jun 07, 2017 - 8:25 AM

(UPDATED) An internal data processing error causes account balances to seemingly inflate, lose money or become negative

BPI system glitch causes mispostings on client accounts