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PAL seeks local recognition of Chapter 11 rulings

PHILIPPINE Airlines, Inc. (PAL) said on Tuesday that it has filed a petition before a Pasay City court seeking recognition of the proceedings and decisions of a United States bankruptcy court hearing its Chapter 11 case.

COVID-19 insurance payouts P4.35B in H1, exceeding 2020

THE INSURANCE industry made payouts related to coronavirus disease 2019 (COVID-19) worth P4.35 billion in the first half, exceeding the total for 2020, according to a survey conducted by the Insurance Commission (IC).


THE BENCHMARK INDEX inched up on Tuesday on bargain hunting and as more coronavirus disease 2019 (COVID-19) vaccines arrived in the country.?


Gov’t fully awards 7-year bonds at higher rate on rising inflation

THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday even as its rate climbed due to concerns over rising inflation.


Aspiring for high-income status

As discussed in Part 1 of this series, the Philippines will transition into an upper-middle income economy in the next three or four years.


Lucio Co renames Da Vinci Capital to The Keepers Holdings for...

  Over the years, Mr. Lucio L. Co has enjoyed success across the various business segments he has ventured into. Through Cosco Capital, Inc., he...


Setting financial goals in time of crisis

By Chelsey Keith P. Ignacio, Special Features Writer The coronavirus disease 2019 (COVID-19) pandemic have taken unexpected costs from one’s pocket, making numerous people uncertain...


From survival to growth: The BusinessWorld pandemic story

“Any advertising that would tend to draw crowds is to be refrained from,” a notice read, advising business owners to “(a)void crowding your store” and to “(k)eep all clean and sanitary,” while another noted that those “who generally throng the shops at this season of the year are staying home; but, on the other hand, a much bigger business is being done in delivery orders.”(1)


Bellevue Hotels joins month-long sale, implements sanitation solutions for a worry-free...

As the Bellevue Hotels and Resorts (BH&R) joins the Hotel Sales and Marketing Association International (HSMA)’s September Online Sale (SOS) from Sept.?15 to Oct.?15, its management told?BusinessWorld?that BH&R’s properties?–?The Bellevue Manila, B Hotel Quezon City, and The Bellevue Resort Bohol?–?have invested in rigorous health solutions to bring a worry-free experience to its guests.?


Princess of speed

IT’S BEEN a while since the world started to long for some female representation in Formula 1 racing (and in all other motorsports, for that matter). And for that reason — promoting gender diversity and changing the current paradigm — the FIA (Federation Internationale de l’Automobile), back in 2009, formed the Women in Motorsport Commission (WMC).


Bolts make assault on no. 2 seed

THE Meralco Bolts finish their Philippine Basketball Association (PBA) Philippine Cup elimination round assignments this week with an eye on completing their assault on the number two seed in the playoffs and the twice-to-beat incentive that goes with it.