Philippines still a lower middle-income country, according to World Bank
A STREET is seen in Quiapo, Manila. The World Bank still classifies the Philippines as a lower middle-income country. — PHILIPPINE STAR/RYAN BALDEMORTHE PHILIPPINES is still classified as a lower middle-income country after just missing the threshold to achieve
EV stakeholders told to brace for impact of ‘One Big Beautiful Bill’
A PHOTO of an agenda with the words “One Big Beautiful Bill Act” printed in Washington, DC, May 21, 2025. — REUTERSBy Justine Irish D. Tabile, Reporter THE DEPARTMENT of Trade and Industry (DTI) on Wednesday warned that the Trump administration’s
Del Monte Pacific’s US subsidiary files for bankruptcy, seeks buyers
Bugo cannery workers in Cagayan de Oro — DELMONTEPACIFIC.COMBy Revin Mikhael D. Ochave, Reporter CAMPOS-LED Del Monte Pacific Ltd. (DMPL) said its United States subsidiary Del Monte Foods Holdings Ltd. (DMFHL) has filed for Chapter 11 bankruptcy and is seeking buyers
Petron completes P32-B retail bond sale
PETRON.COMLISTED oil giant Petron Corp. said on Wednesday that it has completed the offering of up to P32 billion worth of fixed-rate retail bonds. The offering consists of up to P25 billion in retail bonds, with an oversubscription option of up
Discovery Hospitality adopts digital strategy to stay competitive
DHC Senior Vice-President and Head of Sales and Operations Lynette Q. Ermac — DISCOVERY HOSPITALITY CORP.By Beatriz Marie D. Cruz, Reporter DISCOVERY HOSPITALITY CORP. (DHC) said it is boosting its use of digital tools while continuing to offer its signature Filipino-style
DigiPlus sets September launch for Brazil operations
DIGIPLUS.COM.PHLISTED digital entertainment company DigiPlus Interactive Corp. is set to launch its operations in Brazil this September as the company eyes international growth. DigiPlus Brazil will introduce a fresh lineup of livestreamed games, slots, table games, and exclusive self-developed digital entertainment
AboitizPower unit eyes operations of P18.6-B solar project by 2029
STOCK PHOTO | Image by Michael Pointner from UnsplashNORTHERN SUN POWER, Inc. (NSPI), a subsidiary of Aboitiz Power Corp. (AboitizPower), is eyeing the development of an P18.6-billion solar power project in Currimao, Ilocos Norte, which is targeted for commercial operations by