Ride hailing firm Grab Philippines has finalized a deal to take over motorcycle taxi service Move IT for a, a local motorcycle taxi solutions provider for an undisclosed price.
Philex Mining Corp. has raised P2.65 billion from a stock rights offering (SRO) to help jumpstart its long-delayed Silangan project in Surigao del Norte.
Chinese military exercises around Taiwan are set to disrupt one of the world’s busiest shipping zones, analysts told AFP, highlighting the island’s critical position in already stretched global supply chains.
Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
Hong Kong billionaire Li Ka-shing’s firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive rally this week.
Ayala-led Globe Telecom has joined forces with Eastern Communications and InfiniVAN to build the country’s longest submarine fiber cable network, which is estimated to cost around $150 million.
Bilyonaryo Manny V. Pangilinan has moved a step closer towards sealing a joint venture deal with Lopez-led ABS-CBN Corp. after more than a year of negotiations.
A red ball of spicy fire with luminous patches glowing menacingly against a black background.
Chinese e-commerce giant Alibaba reported flat revenue growth on Thursday for the first time ever, as the country grappled with an economic slowdown and Covid-19 resurgences kept consumers jittery.
The main US oil contract fell on Thursday to levels where it stood before Russia’s late February invasion of Ukraine sent crude prices soaring.