Saudi’s Aramco returns to PHL market via 25% stake in Unioil
The logo of Saudi Aramco is pictured outside Khurais, Saudi Arabia, Oct. 12, 2019. — REUTERSBy Sheldeen Joy Talavera, Reporter SAUDI ARABIA’S Aramco is returning to the Philippine market as it is set to acquire a 25% equity stake in Unioil
C-suite viewpoints on the path ahead
macrovector_official | FreepikThe Asian economy tells a compelling story — one that is resilient, transformative, and shaping the global economic landscape. Such story is carried by executives who see 2025 as another year poised for economic growth, filled with optimism
Carmakers set 500,000 sales target for 2025
Motorists deal with heavy traffic along EDSA in Makati City. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Justine Irish D. Tabile, Reporter PHILIPPINE AUTOMOTIVE sales are expected to reach 500,000 units in 2025, according to the Chamber of Automotive Manufacturers of the Philippines,
PHL unlikely to see big impact from Trump tariffs
PHILIPPINE STAR/EDD GUMBANTHE PHILIPPINES is unlikely to be impacted by US President Donald J. Trump’s tariff plans, S&P Global Ratings said, but warned this could change if service exports are also targeted. “Thankfully for the Philippines, the export component of the
Effective strategy and execution for 2025
prostooleh | FreepikAfter the coronavirus disease 2019 (COVID-19) pandemic brought a debilitating start to the 2020s, the halfway point of the decade promises to bring distinct opportunities, new challenges, and rapid changes that can impact professionals and organizations. To get a
AboitizPower aims to sustain momentum in 2025
AboitizPower’s 173-MWp Calatrava solar in Negros OccidentalAboitiz Power Corporation (AboitizPower) expects continued progress in 2025, bolstered by its business and operational achievements last year, which saw developments in its ambitious program to grow its renewable energy fleet by three times
Unwavering service to Philippine insurance
Photo from insurance.gov.phEstablished on Jan. 3, 1949, through Republic Act No. 275, the Insurance Commission (IC) was created to regulate and supervise the insurance, pre-need, and health maintenance organization (HMO) industries in the country. From its humble beginnings, the IC has
IC’s vision for a more resilient and inclusive insurance industry
BW FILE PHOTOThe Philippines’ insurance industry is one of the country’s budding sectors driven by financial inclusion efforts, digital innovations, and increasing consumer awareness. Tasked to strengthen and regulate these pre-need companies in the Philippines, the Insurance Commission (IC) has
AboitizPower shutting down aging Naga power plants
ABOITIZPOWER.COMABOITIZ POWER Corp. (AboitizPower) said it will shut down two fossil fuel power plants in Naga City, Cebu, with a combined capacity of 45.08 megawatts (MW). Therma Power-Visayas, Inc. (TPVI) will decommission its 44.64-MW Naga Oil-Fired Power Plant and 0.44-MW Black
ALI plans P95-billion capex for this year
AYALALAND.COM.PHBy Revin Mikhael D. Ochave, Reporter PROPERTY DEVELOPER Ayala Land, Inc. (ALI) plans to allocate P95 billion for capital expenditures (capex) this year as it aims to launch P100 billion worth of projects. “For 2025, we are looking at a P95-billion capex,”