The global airline industry is experiencing “too much growth” and this would lead to difficult times ahead, a top official of Cebu Pacific warned.

LAS VEGAS: Self-driving buses aren’t new, but Toyota’s concept vehicle unveiled Monday aims to be more than just that — a mobile platform for e-commerce, ride-sharing and medical services, for a start.

By Riza Lozada The Philippine Stock Exchange Inc. (PSE) was named for the fourth time in the past five years as Best Stock Exchange in Southeast Asia by institutional investment magazine Alpha Southeast Asia.

International Container Terminal Services Inc. (ICTSI) and issuer Royal Capital B.V. successfully priced a $350 million offering of senior guaranteed perpetual capital securities, guaranteed by ICTSI and structured to constitute equity under International Financial Reporting Standards (IFRS).

In line with a shared goal to support communities affected by Typhoon Yolanda, BDO Foundation and Consuelo Foundation constructed a new school building in the municipality of Mondragon, Northern Samar, that will benefit hundreds of underprivileged students.

Manila Water recently held a ceremonial groundbreaking for its Emergency Reservoir Project at the Cainta Elementary School in Barangay San Roque, Cainta, Rizal as part of its commitment to support local governments in disaster resiliency.

The boards of the World Bank and the Asian Infrastructure Investment Bank (AIIB) has approved the co-financing for the $500-million Metro Manila Flood Control Management Project paving the way for its start this month, the Department of Finance (DOF) said.

By Riza Lozada Gokongwei group-led Robinsons Bank and British life insurer Pru Life UK recently entered a strategic bancassurance partnership in a distribution agreement signing held at Crowne Plaza Galleria Manila.

Saving habits mean a lot to relatives working abroad.

State pension fund Social Security System (SSS) expects investment income to reach P60 billion within three years, or double the P30 billion last year, following its participation in infrastructure projects through the purchase of a minority stake in diversified and infrastructure conglomerate Megawide Construction Corp.During the commemoration rites for the share sale Friday, SSS said it acquired 5.17-percent stake in …