Business World

VisMin property developer Cebu Landmasters Inc. (CLI) has further expanded its hospitality portfolio with the opening of lyf Cebu City, its third operational hotel. In a disclosure to the Philippine Stock Exchange (PSE), the firm said lyf Cebu City is designed to serve young travelers looking to immerse in local …

Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, but others involved say it's time to move past trying to shift the deadlines for repayment. Trudeau confirms no extension, …

Part of the Sucro Can refinery’s operations will happen above the contaminated Randle Reef, which will be capped before the plant opens. Port authority head says Ontario companies are 'craving' the sweet supply A new sugar refinery set to open in Hamilton's port lands in 2025 is promising to be …

Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. Province averaged 3.8 million barrels per day in the first 11 months of 2023 Alberta oil production hit an all-time record in November, …

The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil “Nicky” Franco noted that another anticipated major IPO, that …

Ratings firm Moody’s Investors Service has cautioned that geopolitical tensions between the Philippines and China in the West Philippine Sea (WPS) could escalate and affect the region’s economic development. In a Jan. 15 report of its Asia Pacific outlook (“Sovereigns – Asia-Pacific 2024 Outlook – Negative on weak global demand …

If you’ve been trying to save money on your grocery bill by waiting until fresh food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store. Senior who relies on discount calls move 'a slap in the face' …

2GO Group Inc. is supporting the growth of micro, small and medium-sized enterprises (MSMEs) with the introduction of 2GO Getters, a “community of MSMEs, start-up companies and anyone who aspire to build their business empires in need of delivery services.” The logistics arm of the SM group of companies, 2Go …

Canadians are cutting back on spending more, while mortgage holders say they are confident they can keep up with higher payments, according to a new survey out from the Bank of Canada. About two-thirds of consumers have plans to cut back A Bank of Canada survey finds Canadians are increasingly …

Canada's housing market is seeing some of the lowest annual sales volumes in more than a decade nationally, according to the latest statistics from the Canadian Real Estate Association. Sales up in December, but experts cautious about calling it a trend Canada's housing market is seeing some of the lowest …