AIR PASSENGER volume jumped by 21% in the first nine months, as international travelers surged by 40%, according to the Civil Aeronautics Board (CAB). Data from CAB showed that overall passenger ...

DOUBLEDRAGON Corp. (DD) reported a 19.1% decrease in its third-quarter (Q3) attributable net income, dropping to P506.61 million from P626.15 million last year, due to lower revenue. Third-quarter ...

Shooting oneself in the foot is an idiomatic expression that means foolishly putting oneself in trouble. Then presidential candidate Rodrigo Duterte said at a rally in April 2016, “I’m used to ...

THE Philippines’ gross domestic product (GDP) is likely to expand slower than the government’s target until 2025, Citigroup, Inc. (Citi) said. Citi cut its GDP growth forecast for the Philippines to 5 ...

THE PHILIPPINE PESO could return to the P59-per-dollar level this year, as the US dollar continues to strengthen, analysts said. The local unit closed at P58.68 against the greenback on Monday, ...

THE TREASURY’S plan to offer government securities on electronic wallet platform GCash could attract more small retail investors, analysts said.

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For ...

CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has decided to move the offer period for its planned ...

THE QCINEMA International Film Festival ended this week, its theme “The Gaze” highlighting the wide net of perspectives it has cast across its lineup. This edition, BusinessWorld took note of the ...

THE DEPARTMENT of Transportation (DoTr) is eyeing to start the process of selecting a company to manage and operate the Davao International Airport in the first half of 2025, the Transport chief said.

A SENATOR has filed a bill seeking to renew Manila Electric Co.’s (Meralco) franchise for another 25 years. Under Senate Bill No. 2876, which Senator Juan Miguel F. Zubiri filed on Nov. 12, the power ...

DITO CME Holdings Corp. is now proceeding with its follow-on offering, targeting to raise as much as P2.05 billion, the operator of telecommunications company DITO Telecommunity Corp. said on Monday.