Four SM companies, including SM Investments, SM Retail, SM Prime, and BDO Unibank, have been recognized in FinanceAsia's Asia's Best Companies 2026 poll, receiving eight awards for corporate performance and governance.
ABS-CBN's board and advisors express confidence in CEO Carlo Katigbak and the company's future as a content provider, despite losing its broadcast franchise in 2020 and ongoing family disputes over governance.
Four SM-affiliated companies have been recognized in FinanceAsia's prestigious Asia's Best Companies 2026 poll, securing eight awards for corporate performance and governance excellence.
Palawan Pawnshop introduced Melai Cantiveros-Francisco and Jason Francisco as new brand ambassadors during its first VisMin regional media event in Cebu City, emphasizing financial inclusion and shifting perceptions around pawning.
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In family enterprises, board positions are often treated as heirlooms rather than roles requiring competence. This leads to governance failure through tolerated mediocrity, where unqualified directors fail to exercise fiduciary responsibility, challenge m
Business process outsourcing firm Cloudstaff has distributed P150 million in bonuses to employees through its Investors Club program, prioritizing non-management staff. The company links business growth with employee benefits and is preparing for a potent
Authorities confiscated around P700 million worth of imported perfumes suspected of lacking proper certification during a warehouse raid in Valenzuela City. The operation targeted facilities linked to alleged illegal importation.
The Philippine Competition Commission is closely monitoring companies in the fuel and related industries to prevent anti-competitive actions amid global pressures, ensuring fair market competition.
Vivant Foundation Inc. has distributed essential aid to 150 families affected by a fire in Barangay Ermita, Cebu City, with support from Meridian Power Inc. facilitating firefighting efforts.
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Philippine National Police confiscated approximately P700 million worth of imported perfumes lacking proper certification during a coordinated warehouse raid in Valenzuela City. Authorities suspect illegal importation activities and are investigating pote
DTI Secretary Cristina Roque announces no price hikes for basic goods until April 30, 2026, following inspections and industry agreements to ensure stable supply and affordability for Filipino consumers.
Authorities seized over P5 million worth of illegal foam and mattresses in a Minalin, Pampanga warehouse raid, arresting two suspects for violating consumer protection laws.
In an exclusive interview on Beyond the Headlines: Extra Edition, Shion Canen, Assistant Vice President at Converge Global Business, discusses her journey as a leader and woman in the industry, offering valuable insights on life and impact.
The United Sugar Producers Federation strongly opposes a proposed real property tax increase in Negros Occidental, citing economic instability and rising fuel costs as burdens on constituents.
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The Department of Trade and Industry in Davao Region anticipates price increases for some basic commodities after April 16, 2026, when manufacturers' 30-day price freeze commitment concludes. Rising logistics costs are cited as the primary driver.
The Davao Consumer Movement strongly criticizes the Northern Davao Electric Cooperative for vacating its main office without turning over vital assets after a court-ordered transition to Davao Light, calling it a betrayal of consumer interests.
The LTFRB warns eight bus companies operating to Bicol Region of franchise suspension or cancellation due to illegal fare increases during Holy Week, amid high passenger demand and rising fuel prices.
Major Philippine business organizations endorse government efforts to secure alternative oil supplies as Middle East tensions threaten economic stability and consumer welfare.
The LPG Marketers Association warns consumers can report retailers selling 11-kg tanks above P1,500 in Luzon and P1,600 in Visayas/Mindanao to authorities, as prices may rise due to shipping costs.
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The Land Transportation Franchising and Regulatory Board has issued show cause orders to eight bus companies for implementing unauthorized fare increases, citing high oil prices. They face potential suspension or cancellation of their operating certificat
The Department of Trade and Industry has negotiated a price freeze on 196 essential items, including canned sardines and coffee, until April 17, 2026, to protect consumers from rising costs due to Middle East trade disruptions.
The DTI clarifies that no nationwide price freeze is in effect under EO 110, but assures stable BNPC supply and prices through voluntary industry pledges and vigilant monitoring.
The Department of Trade and Industry has secured a voluntary commitment from major manufacturers and retailers to delay price increases for basic necessities and prime commodities until April 17, 2026, aiming to shield consumers from inflationary pressure
Authorities arrested five individuals and confiscated nearly PHP1.9 million worth of counterfeit cigarettes and smuggled consumer goods during a joint enforcement operation in Plaridel, Bulacan. The suspects face multiple charges for violating tax and con
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A lucky bettor from Angeles City, Pampanga, correctly guessed the winning numbers to claim the PHP10-million Lotto 6/42 jackpot. The Philippine Charity Sweepstakes Office announced the win and detailed prize distributions for other winners.
The Department of Trade and Industry announces manufacturers and retailers have agreed to postpone price adjustments for essential commodities until mid-April to maintain stability amid global tensions.
Kapuso actress Shaira Diaz and other celebrities voice their surprise as fuel costs skyrocket, with full tanks now costing thousands more than before.
Cebu-based XP Plus Inc. has been recognized as one of the Philippines' top workplaces by Great Place to Work, highlighting its commitment to employee trust and growth.
LBC Express has been awarded the Top 1 Deconsolidator title at the Port of Manila for 2025 by the Bureau of Customs, highlighting its role in efficient cargo processing and revenue generation.
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Ukrainian-American billionaire Leonid Radvinsky, the owner of subscription platform OnlyFans, has passed away at age 43 in Florida after a prolonged fight with cancer.
