Business

A group of parents criticizes a tobacco company’s ads for promoting vapes as safer. They highlight scientific findings that contradict these claims, urging for stricter regulations.

Cebu Pacific is set to acquire majority ownership of 1Aviation Groundhandling Services through a P113-million debt-to-equity conversion. This strategic move aims to enhance efficiency in groundhandling and logistics for the airline’s operations.

Philippine National Bank achieved a 12% rise in earnings to P15.1 billion in the first nine months of the year, driven by strong loan demand and increased net interest income.

A US judge has blocked Tapestry’s $8.5 billion acquisition of Capri Holdings, citing antitrust concerns. This decision prevents the fashion giants from merging, amid fears of reduced competition and higher consumer prices. The case marks a significant moment in the luxury fashion industry, influencing future corporate mergers.

Jacinto Ng Jr., a leader in property development, was awarded “Entrepreneur of the Year” by Ernst & Young for his contributions to social welfare and opportunities for low-income Filipinos.

The Philippine Chamber of Commerce and Industry (PCCI) advocates for a comprehensive investment law with clear incentives for businesses to boost economic growth and competitiveness in the Philippines.

Meta tests facial recognition tech to combat “celeb-bait” scams by detecting unauthorized use of celebrity images in ads and fake accounts. Privacy concerns remain amid evolving security efforts.

The Intellectual Property Office of the Philippines is crafting guidelines for artists using AI, addressing copyright concerns and clarifying legal protections for AI-generated art.

GCash, a leading e-wallet platform in the Philippines, is set to attract more international investors following a strategic partnership with Mitsubishi Corporation. This collaboration with Ayala Corporation’s venture capital arm may boost GCash’s potential IPO prospects, expanding its global reach.