PAL said the plan is still “subject to Indian Government approval.”
Oct 18, 2026
MANILA, Philippines — Corporations are pushing for a more collaborative approach to social responsibility, saying today’s biggest social and environmental problems are too broad for companies to tackle alone. The League of Corporate Foundations (LCF), a network of operating and grant-making corporate foundations and corporations in the Philippines, made the call at the recently concluded “2026
MANILA, Philippines — With geopolitical woes drowning Filipino consumers in elevated costs, the Philippines is taking a much closer look at energy sources at home to build a more resilient power network. While coal remains king, renewable energy is proving to have a bigger role. READ: Green groups urge gov’t to fast-track energy transition There’s no
The heads of major multilateral development banks (MDBs) vowed to strengthen their cooperation in addressing various global issues, including conflicts, disasters, and tight fiscal conditions.
Thailand's Board of Investment, Stock Exchange of Thailand, and Securities and Exchange Commission signed a memorandum of understanding establishing the "BOI to IPO" program, which aims to help New Economy enterprises raise capital through stock market listings.
Oct 17, 2026
Artificial intelligence-powered glasses can act as tour guides, snap photos hands-free and translate foreign languages. The devices also sell at relatively affordable prices in China. But are they the perfect travel companion? Not yet. AI glasses were slowly catching on with travellers as the technology improved and more devices entered the market, analysts said, but technical hitches were slowing mass adoption of the smartphone-linked gear that could be worn like ordinary spectacles. “They can...
A rising number of travellers from Hong Kong and Macau are flocking to indoor ski centres in Guangdong province, as new venues mushroom across the mainland amid a winter sports boom. Chinese indoor ski resort operator Bonski said 20 to 30 per cent of visitors to its facility in Guangzhou were now coming from Hong Kong and Macau, as the company’s venues continue to attract a growing customer base. “Most visitors to indoor ski venues are local residents, and we have seen steady inflows of...
Motorists may expect a sigh of relief in the coming week amid an expected pump price rollback.
MANILA, Philippines — The Philippine peso touched a fresh record low on Friday, extending its slide beyond 63 per dollar as signs of persistent US inflation strengthened expectations that the Federal Reserve (Fed) could raise interest rates again this month. The local currency weakened to an intraday low of 63.23 per dollar, surpassing Thursday’s record
MANILA, Philippines — Top Philippine conglomerate executives Lance Gokongwei and Chito Salazar have been named this year’s recipients of the prestigious “Management Person of the Year” award conferred by the Management Association of the Philippines (MAP). Gokongwei, president and CEO of JG Summit Holdings Inc., was cited chiefly for his role in transforming the Gokongwei Group
MANILA, Philippines — The Department of Finance (DOF) is targeting a reduction in the cost of sending money home by overseas Filipino workers (OFWs) to around 2 percent of the funds sent, with Finance Secretary Frederick Go turning to global payments firms to help make money transfers to the Philippines more affordable. “The average (fee) now,
MANILA, Philippines — The Ayala group’s ACEN Corp. has committed an additional P3 billion to its wholly owned subsidiary Giga Ace 8 Inc. to finance the construction of its Palauig Solar 2 and battery energy storage projects. In a disclosure on Friday, ACEN said it signed a subscription agreement for 300 million Redeemable Preferred Shares “A”
MANILA, Philippines — Converge ICT Solutions Inc. is preparing to pilot a new low-cost prepaid home broadband offering this quarter, as the telco seeks to reach price-sensitive households amid the increasingly saturated fiber market. Dennis Anthony Uy, cofounder and CEO of Converge, said the product, which could be commercially launched as early as the first