Business
Repower extends book-building, postpones P1.15-b initial public offering to July
Repower Energy Development Corp. moved its planned P1.15 billion maiden share offering to July after it recently extended its book-building...
Foreign reserves declined to $101.3b as of end-May
The Philippines’ gross international reserves declined to $101.3 billion as of end-May 2023 from $101.8 billion in April as the...
Major shareholders sell LMG stake to Maxwealth
Majority shareholders of LMG Corp. agreed to sell their controlling stake in the company to financial technology firm Maxwealth Infinity...
Primelectric investing P4b in Negros joint venture
Primelectric Holdings Inc., an affiliate of MORE Electric and Power Corp., plans to invest about P4 billion in its joint...
Stock market rebounds; Ayala, PLDT lead gainers
Stocks rebounded Wednesday after the World Bank raised its 2023 growth outlook for the Philippines to 6.0 percent from 5.6...
NAIA’s problems are piling up and they need ready solutions
The Philippines’ premiere gateway may soon fade into obsolescence unless something is done quickly to solve all the challenges besetting...
OECD raises global growth forecast to 2.7%
Paris, France—The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has...
Mañalac recognized as Asia’s iconic realtor
Alejandro Mañalac, chairman and co-founder of Havitas Developments Corp. and operating principal of Keller Williams Manila Bay, was recognized as...
Franchise group sees agriculture as next viable concept
The Philippines biggest franchising group is looking at exploring agriculture as the next viable concept in franchising, building on the...
DMCI expects to ship 1.5 million WMT of nickel ore this year
DMCI Mining Corp. said Wednesday it expects to ship 1.5 million wet metric tons of nickel ore in 2023, anticipating...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.