REAL ESTATE developer 8990 Holdings, Inc. (HOUSE) posted a 13.2% increase in its second-quarter (Q2) attributable net income to P1.54 billion from P1.36 billion a year earlier, driven by higher sales.

ACMOBILITY, the mobility solutions unit of the Ayala group, is ending its dealership network with Honda Cars Philippines, Inc. (HCPI) by Dec. 31 as it shifts focus to other ventures, including its ...

The recent debut of an artificial intelligence (AI)-generated “actress” dubbed Tilly Norwood, and its producer’s boasts of interest from studio executives, sparked a backlash on Tuesday from the ...

BANK LENDING growth eased to a nine-month low in August as loans for business activities expanded at a slower pace, the Bangko Sentral ng Pilipinas (BSP) said on Thursday. Outstanding loans from ...

A US judge on Tuesday rejected a bid by Sean “Diddy” Combs to overturn his criminal conviction on felony prostitution-related charges, after prosecutors said the hip-hop mogul should spend more than ...

ACEN CORP., the listed energy platform of the Ayala group, has extended P900 million in fresh funds to its subsidiary developing a 553-megawatt (MW) wind farm in Quezon province. In a regulatory ...

THE WEALTH management arm of Bank of the Philippine Islands (BPI) aims to grow its assets under management (AUM) by 20% this year as it looks to increase its customer base, targeting retail consumers ...

At the rate politicians are tearing each other down, Filipinos could almost be forgiven for greeting typhoon season with grim welcome. For every swollen river and submerged barangay, every ruined home ...

THE PESO continued to climb on Thursday as the dollar remained under pressure due to concerns over the US government’s shutdown. The local unit closed at P58.08 versus the greenback, strengthening by ...

THE Philippine International Convention Center (PICC) has reopened its doors following an extensive, six-month renovation, in time for its 50th anniversary and the Philippines’ hosting of the ASEAN ...

INOZA BUSINESS HOLDINGS, INC., an affiliate of Progeny Global Holdings that operates the Bounty Fresh brand, has acquired listed holding company A. Soriano Corp.’s (Anscor) minority stake in The ...

In the rush to cash in on the generative artificial intelligence (AI) gold rush, one possible outcome of AI’s future rarely gets discussed: what if the technology never works well enough to replace ...