Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports
TOKYO, Japan – Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the...
View ArticleMVP Group scales up digital payments presence with Multipay, Bayad Center
MANILA, Philippines – Manuel Pangilinan’s MVP Group is increasing its presence in the country’s digital payment solutions by acquiring Multipay Corporation and a 10% stake in Bayad Center. In a stock...
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DA chief says ASF risk now higher as rain, floods hit outbreak areas
MANILA, Philippines – The Department of Agriculture (DA) sees higher risk of African Swine Fever (ASF) affecting the country’s swine industry as the rainy season makes it easier for the virus to...
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Trade Secretary Fred Pascual resigns
MANILA, Philippines – Department of Trade and Industry (DTI) Secretary Alfredo Pascual has stepped down from his position. Pascual’s resignation will be effective August 2, 2024, according to the...
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BPOs, corporate firms expected to offset office vacancies following POGO ban
MANILA, Philippines – Although Philippine offshore gaming operators (POGOs) were key drivers of the property sector’s office market at one point, their exit is not expected to be as significant,...
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It’s not just Cebu Pacific: Ayala Land open to other firms acquiring AirSWIFT
MANILA, Philippines – The Ayala Group is not limiting talks on selling its boutique airline AirSWIFT to just one company. ALI Leasing and Hospitality group head Mariana Beatriz Zobel de Ayala said...
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LOOK: SM teases interiors of 3 new malls in La Union, Laoag, Mandaue
MANILA, Philippines – What will the interiors of the SM Supermalls’ three new mall projects opening in the second half of 2024 look like? After releasing last April artist’s renderings of the...
View ArticleFAST FACTS: Things to know about MT Terranova owner Shogun Ships
MANILA, Philippines – Here are some information on Shogun Ships Company Incorporated (SSCI), the company that owns Motor Tanker Terranova. The tanker capsized and submerged off Limay, Bataan, last...
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[ANALYSIS] The political power play for Meralco
As its critical institutions tank before our eyes, we see that the Americans have just recently learned how the weaponization of legal processes can be applied against perceived adversaries. Spreading...
View ArticleHistoric power supply importation from Mindanao to Negros Island begins
BACOLOD, Philippines – An ambitious ₱52 billion Mindanao-Visayas Interconnection Project (MVIP) of the National Grid Corporation of the Philippines (NGCP) is finally serving its purpose— to transmit...
View ArticleCanceled flights due to Tropical Storm Enteng, southwest monsoon: September...
MANILA, Philippines – Various airlines have canceled flights on Monday, September 2, due to unfavorable weather conditions brought about by Tropical Storm Enteng (Yagi), and the enhanced southwest...
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In race to renewables, Philippines takes ‘detour’ to liquefied natural gas
KUALA LUMPUR, Malaysia – Is the Philippines betting on the wrong horse with liquefied natural gas (LNG) expansion? As the world shifts towards renewable sources of energy, the Philippines is eyeing to...
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Geopolitical tensions keep Philippine CEOs up at night, but optimism prevails
MANILA, Philippines – The geopolitical uncertainty dominating the world today — from conflicts in Europe and the Middle East, to the possibility of another Trump presidency — is what worries most...
View ArticleDanish firm allots $3 billion for 1GW offshore wind project, first in PH
MANILA, Philippines – A Danish firm is investing $3 billion for the 1-gigawatt (GW) San Miguel Bay offshore wind power project in Camarines Sur, targetting to deliver electricity within the term of...
View ArticlePOGO ban not end of the road for gaming operators
MANILA, Philippines – With the executive order banning Philippine offshore gaming operators (POGO) set to come out soon, it’s not yet clear which parts of the country’s multibillion gaming industry...
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[ANALYSIS] On the rigid stance of renewable energy diehards on...
While the past few days have been very exciting, both in and out of the stock market, it has been confusingly troubling as well. For instance, while the market almost always opened up on a surge, it...
View ArticleERC chief Dimalanta appeals suspension
MANILA, Philippines – Suspended Energy Regulatory Commission (ERC) chair Monalisa Dimalanta has asked the Office of the Ombudsman to reconsider the preventive suspension order that it had imposed on...
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Meralco’s 25-year franchise renewal passed on 2nd reading amid overpricing...
MANILA, Philippines – The House of Representatives has approved on second reading the bill renewing the franchise of the Manila Electric Company (Meralco) for another 25 years. House Bill 10926,...
View ArticleUS says 40 foreign operators may be using Boeing 737s with suspect rudder...
WASHINGTON, USA – The US National Transportation Safety Board (NTSB) said on Monday, September 30, more than 40 foreign operators of Boeing 737 airplanes may be using planes with rudder components...
View ArticleWill IT-BPM workers and students survive without AI skills?
MANILA, Philippines – With companies pouring billions into artificial intelligence, could AI replace jobs in the IT and business process management (BPM) industry? And how can students and employees...
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