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The Ayala-led telecommunications giant said its upcoming satellite-to-mobile service with Elon Musk’s Starlink will depend heavily on the scale and maturity of the satellite constellation supporting the network. Globe said Starlink’s more than 10,000 low Earth orbit satellites provide an advantage in delivering reliable connectivity beyond conventional coverage areas.
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Despite rising financial account ownership in the Philippines, millions of Filipinos remain effectively excluded from affordable borrowing because lenders still rely on outdated credit assessment models, according to legal and finance expert Ira Paulo Pozon.
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For rising tycoon Vincent Co, the deal he still wants to close may have nothing to do with business—but everything to do with love.
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Cebu Pacific and its aircraft maintenance unit Aviation Partnership Philippines (Aplus) have rolled out a career placement program aimed at absorbing workers affected by developments at Lufthansa Technik Philippines (LTP).
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Lucio C. Tan III has been elected co-chair of MacroAsia Corp., further expanding his influence across the Lucio Tan business empire.
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Taipan Lucio Tan's MacroAsia Corp. said its associate Lufthansa Technik Philippines has signed a new lease agreement with New NAIA Infra Corp., securing the future of one of the country’s largest aircraft maintenance hubs .
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Smart Communications is sharpening its focus on core operations as several side ventures pursued by the previous management have been put on the back burner.
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Petron Corp. is undergoing its biggest leadership restructuring in a decade, with Ramon S. Ang stepping down as president of the country’s largest oil refiner after holding the role since 2015 and handing operational control to his son, John Paul L. Ang.
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Flightradar24 data showed the Q400 rapidly climbing at more than 11,000 feet per minute before later descending at rates exceeding 8,000 feet per minute near Clark airspace. The rapid drop ended with the turboprop only 425 feet above the ground some 4 kilometers west of the town of Bamban in Tarlac, the data showed.
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