Philippines still under heightened threat of money laundering
REUTERSBy Katherine K. Chan THE PHILIPPINES remains under heightened threat of money laundering due to the prevalence of crimes such as drug trafficking, financial fraud and tax evasion, a study by the Anti-Money Laundering Council (AMLC) showed. In its latest National Risk
Lucio Co’s Crystal Bridges to take over PrimeWater
FROM LEFT: Vincent Co, Leonardo Dayao, Manuel B. Villar, Jr., Lucio Co and Manuel Paolo A. VillarLUCIO L. CO-LED Crystal Bridges Holdings Corp. is set to take full control of Villar-led PrimeWater Infrastructure Corp., allowing the company to operate the
EDC enters lower-spend phase with P19-billion 2026 capex
EDCBy Sheldeen Joy Talavera, Reporter ENERGY Development Corp. (EDC) has set a capital expenditure (capex) budget of P19 billion for 2026, lower than this year’s allocation, as the company scales back drilling activities following several years of heavy investment in geothermal
ALI raises P13.5B from Alabang Town Center stake sale
WIKIMEDIA.ORGBy Beatriz Marie D. Cruz, Reporter LISTED property developer Ayala Land, Inc. (ALI) has raised P13.5 billion from the sale of its 50% stake in Alabang Town Center in Muntinlupa City, a move aimed at funding future commercial and retail expansions. In
Quantity Solutions, Inc. hosts successful 5th QS Cup Golf Tournament
Quantity Solutions, Inc. (QSI) successfully hosted the 5th QS Cup Golf Tournament, an annual gathering that brings together industry leaders, partners, and stakeholders from the construction sector. This event took place at the prestigious Ayala Greenfield Golf and Leisure Club,
Religious artifacts and antiques the focus of the new Museo P. Lhuillier
1 of 4FOR the Philippine Ambassador to Spain, Philippe J. Lhuillier, his decades of diplomatic service are best represented by the religious artifacts, European antiques, and culturally significant memorabilia that he has collected over the years. His legacy as a
Standout vehicles in steady 2025
Vehicle sales in the Philippines post modest growth in 2025 as the industry heads into the final months of the year with tempered momentum but steady demand. Even with slower gains toward the fourth quarter, the Chamber of Automotive Manufacturers of