Philippine Airlines (PAL) is expanding its presence in the United States to strengthen connectivity with the Midwest, a major economic region with opportunities in manufacturing, technology, healthcare, education, and international trade.
SM Investments Corp. is proving there is strength in size, with the Sy family's sprawling business empire growing nine-month profit by 9 percent to P70.2 billion even as the Philippine economy loses momentum.
Indonesia's sovereign wealth fund has acquired a stake in Vena Group's 2.8-gigawatt (GW) renewable energy portfolio spanning the Philippines and Indonesia, bringing fresh capital into the company's regional expansion.
Philippine Airlines ranked third among Asia-Pacific airline employers, following Singapore Airlines and Japan’s All Nippon Airways in TIME magazine and Statista’s Best Employers of 2027 list.
The Philippines faces a longer economic slowdown as weak consumer spending, soaring inflation and delays in government infrastructure projects threaten to hold back growth well into 2027, according to London-based research firm BMI, a unit of Fitch Solutions.
The ambitious expansion involves 320 megawatts of new renewable energy capacity, part of the company's 464-MW pipeline awarded under the Department of Energy's fourth Green Energy Auction.
Ayala Group's renewable energy arm ACEN nearly doubled its nine-month profit as new power plants, stronger electricity sales and higher output across its international operations drove earnings growth.
MacroAsia Corp., which provides airline catering and airport services, saw its nine-month profit plunge 45 percent as rising costs and a shake-up at its aircraft maintenance joint venture erased gains from higher sales.
GCash will introduce a new payment feature that will allow Filipinos to pay for purchases even without cellular signal or mobile internet access. It will also allow users to make payments simply by unlocking their smartphones and tapping them against an NFC-enabled payment terminal, without opening the GCash application or logging into their accounts.