THE PHILIPPINES’ 50 richest tycoons increased their combined wealth by 6% to over $86 billion (around P4.92 trillion) this year, with nearly half of those on the list now wealthier than a year ago, according to Forbes Asia. “Buoyed by domestic

PHILSTAR FILE PHOTOTHE PHILIPPINES’ gross international reserves (GIR) slipped in July amid lower gold prices and as the government paid back more of its foreign debt, preliminary data from the central bank showed. The Bangko Sentral ng Pilipinas (BSP) on Thursday

The 326-room Courtyard by Marriott in Iloilo will be consolidated under Megaworld Hotels & Resorts portfolio this year. — MEGAWORLD CORPLISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels

HANN CASINO — HANN HOLDINGS INC.HANN HOLDINGS, Inc., the operator of the Hann Casino Resort in Clark, said it does not expect any delays to its planned P13-billion initial public offering (IPO). “We don’t see any risk that is going to

CREC taps P4.4-B Security Bank loan for 125-MW solar farm - BusinessWorld Online CREC.COM.PHLISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a

1 of 2SOUTH KOREAN tech brand LG has officially launched its latest audio lineup, xboom, which features artificial intelligence (AI) smart sound, with nine-time Grammy winner will.i.am steering its creative direction. Xboom officially dropped its first beat on Tuesday. In the

The Bifrost Cable System is the first trans-pacific system in over two decades that traverses a new route between the United States (California and Oregon), Guam and Southeast Asia via Indonesia, Singapore, and the Philippines — enabling ultra-low latency and