The Court of Appeals (CA) has extended for six months its freeze order on the bank, investment and insurance accounts of Maria Francesca Tan Group of Companies Inc. (MFT).

Power distribution firms were ordered by the Energy Regulatory Commission (ERC) to delay the collection of generation charges from their consumers, pending the final assessment of the Wholesale Electricity Spot Market (WESM) rates to be computed by th...

The National Grid Corporation of the Philippines (NGCP) said Tuesday it has completed three vital transmission projects that allowed the entry of over 12,000 megawatts (MW) of additional capacity in the country.

Brisk demand for commercial vehicles buoyed the performance of the local automotive industry in January to May, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA).

Conglomerate San Miguel Corp. (SMC) is targeting to grow its revenues and operating income by double digits this year as its main businesses continue to expand.

Alya Honasan, Mawen Ong and David Huang, including scuba instructor Nori Tolibas on board the Discovery Palawan, celebrate Independence Day underwater at Tubbataha Reefs Natural Park, located 150 km southeast of Puerto Princesa City.

Image credits: Jimbo Albano

Depending on your point of view or perspective, someone may consider something a smashing success while another person may consider the same thing an utter failure.  Certain people may consider that a person who is blind in one eye a handicap and yet ...

Results of Tuesday’s auction of long-term Treasury bonds (T-bonds) were mixed as the national government raised only P26.225 billion due to higher bid yields caused by the further weakening of the peso.

The Monetary Board has approved the cancellation of the central bank registration of Foreignex Inc. to operate as money changer or foreign exchange Dealer, according to the Bangko Sentral ng Pilipinas (BSP).

The government has released 88.7 percent of the P5.767-trillion national budget for 2024 as of end-May to accelerate the implementation of the state’s programs and projects.

Flags adorn the Tandang Sora National Shrine on Tuesday, June 11, 2024, in Tandang Sora, Quezon City, ahead of the celebration of the 126th Philippine Independence on June 12, 2024.

Shipowners from Greece to Singapore expect business to flourish, at least in the next few years, despite disruptions that could pose threats to their operations. Bloomberg reported that shipowners are bracing for prolonged earnings amid geopolitical c...

It’s been 126 years already since Gen. Emilio Aguinaldo declared the end of Spain’s three-century rule in the country in Kawit, Cavite, the reason we have been commemorating our Independence Day every 12th of June.

Investing in human capital is a set of words that may not appeal to young economics students. It does not immediately equate to prices, gross domestic product and other fundamental concepts of economics. Yet, human capital is one factor as important a...

TWO years after the enactment into law of the Excellence in Teacher Education Act, the Philippine Business for Education (PBEd) said the government has failed to set up the Teacher Education Council (TEC).

Amaia Steps Pasig recently held the topping off ceremony of the Clara Building, its fourth residential mid-rise in the complex, bringing the contemporary development closer to aspiring condo dwellers looking to settle down in the heart of Pasig City.

TOYOTA Financial Services Philippines (TFSPH) solidified its position as a leader in innovation and efficiency by clinching the top spot in the Annual Global Kaizen Event of Toyota Sales Finance Companies around the world. TFSPH emerged victorious in ...

THE country’s pork inventory has declined by nearly a quarter, according to data from the attached agency of the Department of Agriculture (DA).

By Ma. Stella F. Arnaldo / Special to the BusinessMirror

Thousands of families and bike enthusiasts joined the “Pedal for People and Planet” event at the weekend, advocating for 100-percent renewable energy to ensure a fossil fuel-free future for our children.

Budget hotel chain Red Planet plans to open more branches in Visayas and Mindanao in the next five years as it is optimistic about its growth prospects in the Philippines. 

GLOBAL supply chain issues continue to ground the jets of legacy carrier Philippine Airlines (PAL), prompting it to lease two wide-body planes from a European carrier.

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Countryside Investments Holdings Corp., the firm of businessman Leandro Antonio L. Leviste, has signed a term sheet with Manuel V. Pangilinan to invest some P5 billion for an initial 71.6-percent in listed firm Roxas Holdings Inc. 

Energy consumer advocacy group People for Power (P4P) coalition warned against the early renewal of the Manila Electric Co.’s (Meralco) franchise.

Sen. Christopher “Bong” Go participated in the blessing and inauguration ceremonies of two major local projects during his visit to Guagua, Pampanga, ensuring enhanced community services and economic growth.

PRESIDENT Marcos said the picture posted by the mayor of Bamban, Tarlac, Alice Guo with him during his election campaign in 2022 fails to clear the doubts on her identity.

THE Bureau of Immigration on Sunday announced the arrest of a “high-profile” Australian drug trafficker suspected of being a member of the notorious Mexican Sinaloa drug cartel.

THE Home Development Mutual Fund or Pag-IBIG Fund has made its fourth disbursement to the Pambansang Pabahay para sa Pilipino (4PH) Program, according to the Department of Human Settlements and Urban Development (DHSUD).

SENATORS over the weekend urged China to rescind her reported new regulation allowing the Chinese Coast Guard to detain “trespassers,” while prodding the Department of Foreign Affairs to immediately validate the report and act accordingly.