SunStar Philippines 
Malaysia seeks joint regional push for just energy transition
KUALA LUMPUR, Malaysia — Malaysia is pushing for regional collaboration between Southeast Asian countries to ensure a “just, equitable, and inclusive inter-bloc energy transition”—a move that provides economic opportunities to all participants while addressing the impacts of climate change. “The challenges we face today—climate change, resource scarcity, and social inequality—know no border, and therefore, neither […]... Keep on reading: Malaysia seeks joint regional push for just energy transition
Inquirer 
‘Three nations, one shared imperative’
Welcome remarks by Chan Seng Fatt, group chief executive officer of Star Media Group, at the Asia ESG Positive Impact Awards 2025: Salam Sejahtera, a very good evening and a warm welcome to all of you for joining the inaugural Asia ESG Positive Impact Awards 2025 Gala Night. Ladies and gentlemen, sustainability is no longer […]... Keep on reading: ‘Three nations, one shared imperative’
Unlocking new pathways
PETALING JAYA—Asia must strike a balance between economic development and green ambition, moving toward growth that is inclusive and enduring, whereby sustainability isn’t just a destination but a sign of progress. Science, Technology and Innovation Minister (Mosti) Chang Lih Kang said the global sustainability agenda is accelerating, as environmental standards are becoming more stringent. “Environmental, […]... Keep on reading: Unlocking new pathways
WATCH: Rufus Rodriguez urges global action vs China’s maritime abuses
CAGAYAN DE ORO CITY, Philippines — In a video released by his office on Wednesday, Cagayan de Oro Rep. Rufus Rodriguez called on an international alliance of legislators to pressure China into adhering to international maritime law, citing numerous instances of what he termed Beijing’s “illegal and coercive actions” against the Philippines in the West Philippine Sea. Speaking at the opening plenary session of the Inter-Parliamentary Alliance on China (IPAC) Brussels Summit 2025, Rodriguez specifically urged the group to push the People’s Republic of China to comply with the 1982 United Nations Convention on the Law of the Sea (Unclos) […]... Keep on reading: WATCH: Rufus Rodriguez urges global action vs China’s maritime abuses
Cratering peso sinks to new record low vs US dollar
MANILA, Philippines – The Philippine peso fell to a new record low on Wednesday, as investor confidence continued to be rattled by a widening corruption scandal at home that has already taken a toll on economic growth. The local currency weakened by 18.5 centavos from the previous day to close at 59.17 against the dollar, […]... Keep on reading: Cratering peso sinks to new record low vs US dollar
BIZ BUZZ: Another Lexus for a champion
Miguel Tabuena made history when he lifted the International Series (IS) Philippines trophy in front of his friends, family and ecstatic home crowd at the Sta. Elena Golf and Country Club, after beating a tough field that included top international golfers Dustin Johnson, Patrick Reed and Louis Oosthuizen. The 31-year-old—now ranked third in the IS, […]... Keep on reading: BIZ BUZZ: Another Lexus for a champion
SMIC weathered rains; 9-mo profit up 6%
MANILA, Philippines – Sustained profit rise across all segments in the third quarter helped SM Investments Corp. (SMIC) remain profitable during the nine months ending September amid a period plagued by inclement weather. In a disclosure on Wednesday, the Sy-led conglomerate said its net income amounted to P64.4 billion, 6 percent higher year-on-year from P60.9 […]... Keep on reading: SMIC weathered rains; 9-mo profit up 6%
Alliance Global earnings surged 24% in first 9 months
MANILA, Philippines – Strong results from the property and tourism-related businesses bolstered Alliance Global Group Inc.’s (AGI) earnings in the January to September period, which climbed 24 percent year-on-year. The group told the local bourse on Wednesday that its net income increased to P24.8 billion, while consolidated revenue hit P143.4 billion. READ: Alliance Global H1 […]... Keep on reading: Alliance Global earnings surged 24% in first 9 months
Bloomberry Resorts drew 95% drop in three-quarter bottom line
MANILA, Philippines – Bloomberry Resorts Corp.’s income in the January to September period plunged by 95 percent as high-roller activity failed to pick up steam, coupled with inflated costs incurred from its new gaming business. In a disclosure, the company behind Solaire and Solaire North saw its profit plunge to P160.1 million from P3.5 billion […]... Keep on reading: Bloomberry Resorts drew 95% drop in three-quarter bottom line
Cosco nets P10.7B, up 6.6% on stronger demand
Cosco Capital Inc. said on Wednesday its bottom line for the nine months to September rose by 6.6 percent as local consumption regained strength. In a disclosure, the retail holding firm of tycoon Lucio Co said its consolidated net income reached P10.7 billion from P10 billion a year ago. The firm’s top line also realized […]... Keep on reading: Cosco nets P10.7B, up 6.6% on stronger demand
Metal prices boost Nickel Asia bottom line by 104%
MANILA, Philippines – The significant increase in metal prices boosted Nickel Asia Corp.’s (NAC) profit in the nine-month period amid tight supply. Its net income surged to P5.19 billion, up 103.5 percent from P2.55 billion a year ago. The mining company reported a 35-percent surge in revenues, which reached P22.83 billion. Revenues from saprolite and […]... Keep on reading: Metal prices boost Nickel Asia bottom line by 104%
Michelin and the family restaurant
(Second of three parts) Last week, we discussed the newly announced Michelin Guide for the Philippines and the economics behind critics’ selections. This week, we take a closer look at some family-run restaurants in the Michelin world. The common image of a Michelin-starred establishment is that of a celebrity chef, a team trained with military […]... Keep on reading: Michelin and the family restaurant
Philippine seafaring industry emerges as ‘economic powerhouse’
MANILA, Philippines – The Philippine seafaring industry is proving itself to be an “economic powerhouse” that contributed as much as P1.06 trillion into the economy in 2024, with the potential to add even more in the next few years. According to a study by the University of Asia and the Pacific (UA&P) and ALMA Maritime […]... Keep on reading: Philippine seafaring industry emerges as ‘economic powerhouse’