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DTI orders destruction of substandard safety belts

The Department of Trade and Industry (DTI) supervised the destruction of P289,000 worth of non-compliant safety belts at a warehouse on February 10. This measure...

Amkor mulls moving China production to Philippines 

Amkor Technology, Inc., one of the world’s leading semiconductor devices manufacturers, is planning to move some of its production capacity in China to the Philippines. This...

Philippines posts ‘very high’ logistics cost level vs ASEAN, developed economies – studies

Logistics cost in the Philippines accounts for 27.5% of GDP, a very high level compared to Japan, the United States, and other ASEAN countries....

Mindanao Container Terminal exclusively using solar power during daylight hours

Mindanao Container Terminal (MCT), a subsidiary of global port operator International Container Terminal Services Inc. (ICTSI) of billionaire Enrique K. Razon Jr., is now...

Philippines continues to fall behind ASEAN in transport infrastructure

The Philippines continues to fall behind its Southeast Asian neighbors in transport infrastructure development, raising serious concerns about its capacity to sustain economic growth and...

BDO net income hits ₱82 billion in 2024

BDO Unibank, Inc. (BDO), the banking and financial arm of the SM Group, recorded a net income of ₱82.0 billion in 2024, up by...

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