Vehicles are stuck in traffic along Commonwealth Avenue in Quezon City. — PHILIPPINE STAR/EDD GUMBANBy Justine Irish D. Tabile, Reporter NEW vehicle sales in the Philippines continued to slump in November, amid a double-digit drop in sales of passenger cars, an

REUTERSBy Aubrey Rose A. Inosante, Reporter THE Bureau of Customs (BoC) said revenue collection may come in below target this year due to slower import activity amid the rice import ban and the corruption scandal. According to a document obtained by BusinessWorld,

Elementary students attend class at a school in Manila, Aug. 22, 2022. — PHILIPPINE STAR/EDD GUMBANBy Almira Louise S. Martinez and Aubrey Rose A. Inosante, Reporters GRADE 5 students in the Philippines continue to fall behind most Southeast Asian neighbors

Aboitiz-led group secures P70-B financing for CBK hydro takeover - BusinessWorld Online CBKPOWER.COMAN ABOITIZ-LED consortium has secured loan commitments totaling up to P70 billion from

STOCK PHOTO | Image by Snowing from FreepikBy Beatriz Marie D. Cruz, Reporter MREIT, INC., the real estate investment trust (REIT) arm of listed Megaworld Corp., is set to acquire P16.22 billion worth of nine Grade A office buildings in Taguig

PAGCOR revokes PH Resorts Mactan casino license - BusinessWorld Online PHRESORTS.COPH RESORTS Group Holdings, Inc., the gaming company owned by Davao-based tycoon Dennis A. Uy,

PHILODRILL.COMUPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to continue and expand its petroleum operations in northwest Palawan following the expiration of its existing service contract. In a regulatory filing on Thursday, the company said