MANILA Philippines' AllHome Corp, owned by the country's richest man, said late on Wednesday it plans to raise up to $404 million in the country's largest initial public offering (IPO) this year, as the bourse trades near multi-month highs.
MANILA A bomb attack that killed eight people at a military base in the southern Philippines was likely a suicide bombing, the army said on Saturday, another blow to government efforts to rein in militants inspired by Islamic State.
MANILA Philippines' Globe Telecom Inc on Thursday launched Southeast Asia's first 5G broadband service, with embattled Huawei Technologies Co Ltd providing the equipment, a win for the Chinese firm despite cybersecurity worries from Western nations.
MANILA Philippines' Metro Pacific Investments Corp expects its hospital unit to be valued at $2 billion as it sells a minority stake in the healthcare group, its chairman said on Wednesday.
* Philippine rival Cebu Air beefs up fleet
(Adds background, details)
MANILA Cebu Air Inc is close to an order for either Airbus 330neo or Boeing 787 aircraft, the CEO of the Philippines' largest airline said on Thursday.
* Airbus tipped to book new orders - sources
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SINGAPORE/MANILA Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services.
* More consumers looking to trade in Huawei phones in
MANILA The Philippine economy grew at its weakest pace in four years in the first quarter bolstering expectations the central bank will cut rates at its meeting later on Thursday to rev up growth.