THE BUSINESS PROCESS OUTSOURCING (BPO) industry in the Philippines is likely to shrink as the shift to artificial intelligence (AI) in the workplace accelerates, Fitch Solutions’ unit BMI said. “In ...

THE CIVIL Aeronautics Board (CAB) is set to meet with local carriers on Friday (Oct. 18) to discuss the airlines’ proposal to collect terminal enhancement fees from passengers amid the rising cost of ...

BANK of the Philippine Islands (BPI) saw its net profit grow by 29.4% to P17.4 billion in the third quarter as its revenues increased, it said on Thursday, Its third-quarter net income was its highest ...

PHILEX Mining Corp. is awaiting a permit to explore a potential nickel mining site in Pangasinan as part of its strategic goal to diversify its mineral extraction portfolio, the mining company’s ...

PHILIPPINE NATIONAL BANK (PNB) has raised $300 million from its maiden issuance of dollar-denominated sustainability bonds, marking its return to the offshore debt market after five years. The bank’s ...

NICKEL ORE producer Global Ferronickel Holdings, Inc. (FNI) is in talks with two foreign companies to establish a nickel processing facility, its president said. FNI is negotiating with “two” ...

ASIA United Bank Corp. (AUB) and its subsidiaries booked a record net income of P8.6 billion in the first nine months on the back of higher revenues and lower loan loss provisions, it said on Thursday ...

LISTED DoubleDragon Corp. (DD) expects to generate P27.2 billion in foreign currency revenue from the first three overseas projects of its subsidiary Hotel 101 Global Pte. Ltd. (Hotel101). “The first ...

BANK of America (BofA) is relaunching its fixed-income, currencies and commodities (FICC) business in the Philippines. “We’re planning to officially launch our FICC business tonight. It’s mainly ...

The Disney Cruise Line announced on Wednesday the details of its first liner to have a home port in Asia, featuring onboard amenities meant to provide guests with “world-class entertainment” and ...

THE COURT of Appeals (CA) affirmed the dismissal of a former probationary employee of Ravago Equipment and Rental, Inc., ruling the dismissal to be valid on performance grounds. The tribunal’s Former ...

PRIME Integrated Waste Solutions, Inc. (PWS), a subsidiary of Prime Infrastructure Capital, Inc. (Prime Infra) has started servicing towns in Bulacan. San Ildefonso, Bocaue, Pulilan, and Sta. Maria ...