Business

Unregistered vapes still sold online as October deadline nears

September 5, 2023
Illicit vapes are still available in e-commerce sites in violation of Republic Act No. 11900, or the Vaporized Nicotine and Non-Nicotine Products Regulations Act, less than two months before the deadline to purge illegal sellers on online platforms, according to consumer advocacy groups. The Nicotine Consumers Union of the Philippines Inc. and the Consumer Choice […]
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AIM names Erramon Aboitiz new chairman

September 5, 2023
The Asian Institute of Management named Erramon “Montxu” Aboitiz as new chairman of its board of trustees effective Sept. 1, 2023. Montxu, who also serves as the chairman of the board of directors of UnionBank of the Philippines, joins an esteemed group of accomplished business leaders who share an unwavering commitment to advancing the growth […]
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GSIS hikes stake in Metro Pacific to nearly 12%

September 5, 2023
State pension fund Government Service Insurance System increased its stake in infrastructure conglomerate Metro Pacific Investments Corp. to 11.98 percent GSIS said in a letter to MPIC it purchased 2.49 billion MPIC shares from the market from Aug. 23 to Sept. 4, 2023. The fund is now the beneficial owner of 3.43 billion MPIC shares, […]
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