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News
Cosiquien charts own path as home builder
1+ day, 9+ hour ago (730+ words) MANILA, Philippines — It was in a quaint, family-owned hardware store in Libertad that a young Michael Cosiquien got his start in construction. It was decades before becoming one of the Philippines’ wealthiest tycoons and cofounder of a major engineering and…...
Changing a life can cost less than a secondhand car
1+ day, 9+ hour ago (731+ words) MANILA, Philippines — In a remote barangay in Cebu, a mother ran out of ways to help her 16-year-old son. He had tantrums that frightened her. He hurt himself. Sometimes he hurt the people around him. She knew he needed therapy…...
Positioning the Philippines for the next cycle of global capital
1+ day, 9+ hour ago (392+ words) MANILA, Philippines — Southeast Asia had a strong year for foreign investment in 2025, with regional inflows passing $240 billion, up from roughly $222 billion. According to the United Nations Trade and Development’s figures, the Philippines moved the other way, easing around 4 percent to…...
Home Credit Philippines wins Marketing Excellence Award for customer-centric hyper-local strategy
2+ day, 2+ hour ago (326+ words) Inquirer.net Home Credit Philippines wins Marketing Excellence Award for customer-centric hyper-local strategy Home Credit Philippines took home the Bronze Award for Excellence in Location-Based Marketing at the Marketing Excellence Awards Philippines, held on August 7 at the Grand Hyatt BGC....
Bloomberry swings to P470M H1 loss
2+ day, 16+ hour ago (374+ words) MANILA, Philippines — Bloomberry Resorts Corp. reported a net loss in the first half of 2026 due to poor performance in its VIP and premium mass gaming segments. On Friday, Enrique Razon Jr.-led casino operator reported consolidated first-half net loss of…...
Garin: Middle East oil firms eye investing in PH
2+ day, 6+ hour ago (156+ words) MANILA, Philippines — Industry players from the Middle East have signified interest in investing in the Philippines’ oil storage facilities, Energy Secretary Sharon Garin said on Thursday. “They’re willing to store their crude oil, for example, in the Philippines,” she said....
Finance chief counters ‘fake news’ on Pax Silica
2+ day, 9+ hour ago (652+ words) MANILA, Philippines — Finance Secretary Frederick Go pushed back against “fake news” surrounding the Philippines’ planned participation in the Pax Silica initiative, citing the “once-in-a-lifetime” opportunity to establish a high-tech manufacturing hub and participate in the global artificial intelligence (AI) boom....
Filipinos turn more cautious on spending amid financial pressures
2+ day, 9+ hour ago (390+ words) MANILA, Philippines — Filipino households are becoming more cautious with their spending as global and political uncertainties put renewed pressure on family budgets, prompting consumers to seek cheaper products and make do with smaller baskets. Worldpanel by Numerator said its Shopperscope…...
Domestic travel beefed up CebuPac traffic
2+ day, 9+ hour ago (362+ words) MANILA, Philippines — Cebu Pacific entered the lean travel season on a stable footing, recording a 4.7-percent increase in passenger traffic in July as stronger domestic demand offset a decline in international travel. The Gokongwei-led low-cost carrier said on Friday it flew…...
Slower growth slackened GT Capital H1 profit
2+ day, 9+ hour ago (321+ words) MANILA, Philippines — GT Capital Holdings Inc. saw its consolidated net income decrease by 11 percent in the first half of 2026 as weaker economic activity weighed on some of its core businesses. On Friday, the Ty family-led conglomerate said it booked P16.41 billion…...