Lakers sold to Dodgers owner in record $10 billion deal
Left: Mark Walter, CEO of Guggenheim Partners and co-owner of the Los Angeles Dodgers. Walter is now acquiring a majority stake in the Lakers in a record-setting $10 billion deal. (Photo…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Andrew Tan’s real estate firm hits €1 billion milestone in Spain with landmark acquisition
Of the five skyscrapers that define Madrid’s modern skyline, two—Torre Emperador Castellana (far right) and Torre Caleido (center, black tower)—are now 100% owned by Filipino tycoon Andrew Tan through Emperador…
Fil-Am community welcomes Bahai Deals, the largest direct-to-developer property listing for Filipinos in North America
From left: Talino Ventures Studios President and CEO Winston Damarillo; DTI Trade Service Officer Eric C. Elnar; Philippine Consulate General of Los Angeles Consul General Adelio Angelito S. Cruz; and…
PFA Joins Global Celebration of First-Ever World Franchise Day with Regional Franchise Fair in Antipolo
The Philippine Franchise Association (PFA) proudly joins the global franchising community in celebrating the inaugural World Franchise Day on June 11, 2025, a newly declared annual observance established by the…
Celebrating Asian & Pacific Islander Heritage Month with JPMorganChase’s Ansie Ting
Ansie Ting, a Commercial Banker at JPMorganChase, is passionate about supporting her clients through financial education and promoting an entrepreneurial mindset. Based in San Francisco, she focuses on helping individuals…
EDD’s “Virtual Assistant” (Chatbot) Now Available in Eight Languages
By: Abraham Liu, Information Officer, EDD The Employment Development Department (EDD) has made it easier for Californians to get helpful information about EDD programs and services from the EDD website…
PH Delegation Showcases Investment Potential at 2025 SelectUSA Summit in Washington, D.C.
Philippine Ambassador Jose Manuel ‘Babe’ Romualdez meets with delegates at the Embassy in Washington, D.C., where he emphasized the summit as a valuable opportunity to showcase the Philippines’ investment potential…
Land acquisition in the Philippines: What every buyer should know before saying yes
BUYING land in the Philippines can feel like stepping into a maze — one filled with unfamiliar documents, shifting policies, and legal landmines. And yet, many are drawn to it,…
PHILSME 2025 Closes with Resounding Success, Empowering Filipino SMEs to Scale and Thrive
Full house at the 16th PHILSME Business Conference at SMX Convention Center Pasay City, Philippines – The 16th Philippine SME Business Expo (PHILSME 2025) concluded today at the SMX Convention…
PHILSME 2025 Opens with Bold Push for Innovation, Resiliency, and Customer-Centric Growth at SMX MOA
PHILSME CEO and Managing Director Trixie Esguerra-Abrenilla welcomes over 180 international and local brands showcasing their businesses and services for SMEs. Pasay City, Philippines – The 16th Philippine SME Business…
WSI, The Philippines’ Top Expo Organizer, Powers Growth in the Mindanao Region
Davao City, Philippines — Worldbex Services International (WSI), the country’s leading event organizer for world-class expositions, proudly returns to Davao City in 2025 with three of its premier expositions: the…
MARRIOTT INTERNATIONAL AND CG HOSPITALITY ANNOUNCE AGREEMENT TO LAUNCH THE FARM AT SAN BENITO, AUTOGRAPH COLLECTION IN THE PHILIPPINES
(From Left To Right:) Mr. Rajan Uttamchandani, Director, The Farm at San Benito; Mr. Rahul Chaudhary, Managing Director, CG Corp Global and CG Hospitality Global; Dr. Binod Chaudhary, Chairman of…
Wellness Leaders Gather for Landmark In-Person Assembly at Okada Manila
MANILA — The Wellness Tourism Association of the Philippines (WeTAP) successfully hosted a landmark in-person General Membership Meeting and Pledge of Membership Ceremony on April 28, 2025, at the wellness-inspired…
PHILSME Business Expo Unveils Powerhouse Speaker Lineup and Exclusive Activities for 2025 Edition
MANILA, PHILIPPINES – The 16th Philippine SME Business Expo (PHILSME), happening on May 9-10, 2025, at the SMX Convention Center in Pasay City, is setting the stage for an inspiring…
BDO CEO Nestor Tan Warns of Economic Uncertainty Amid Global Challenges
Nestor V. Tan President and CEO BDO Unibank Inc. Manila, Philippines – BDO Unibank Inc. President and CEO Nestor V. Tan has urged the Philippine banking sector to brace for potential…
PAL Nets P3.9B in Profit for Q1 2025
Delivers 14th consecutive quarterly positive income Carried 4.1 million passengers, up 5% year-on-year Expanding to new routes from Cebu to Ho Chi Minh, Manila to Da Nang Completes its 10th…
Philippine Airlines and Qatar Airways Announce New Strategic Partnership
From 16 June 2025, Philippine Airlines will offer daily nonstop flights from Manila to Doha in codeshare cooperation with Qatar Airways Manila, Philippines – Philippine Airlines and Qatar Airways have launched…
How 2025 Tariffs Are Disrupting the Housing Market – What Buyers & Sellers Must Know
What was expected to be the strongest spring homebuying season in years has turned uncertain, as a new round of tariffs introduced by the Trump administration in March ripples through…
Full Steam Ahead: ADB Approves Final $1.45B Tranche for Malolos–Clark Railway Project
The ADB’s latest funding marks a major milestone for the Malolos–Clark Railway Project, reinforcing the Philippines’ commitment to modern infrastructure development. MANILA, Philippines (April 16, 2025) — The Asian Development…
Celebrating Unity: Filipino American Friendship Monument Marks 3 Years in Glendale
FABAG-GLAC honors legacy, leadership, and cultural pride at 3rd anniversary of historic community landmark GLENDALE, CA — The Filipino American Business Association of Glendale (FABAG-GLAC) proudly celebrated the 3rd anniversary…
Market Volatility in 2025: Why Stocks Are Surging and Sinking — And What Smart Investors Are Doing Now
Explore what’s behind the 2025 stock market roller coaster — from tariffs to tech sell-offs — and discover smart strategies for navigating volatility. Learn from history, stay grounded, and position…
H Mart to Open New Las Vegas Store on April 24, 2025 Explore a One-Stop Shop for Everything Asian—and More
LAS VEGAS, NV – H Mart, the largest Asian supermarket chain in the United States, will open its newest 53,395-square-foot store at 2620 S Decatur Blvd, Las Vegas, NV, on…
Philippine Airlines to serve Da Nang route in July, latest Vietnam expansion move
MANILA, Philippines — Philippine Airlines (PAL) will introduce nonstop flights between Manila and Da Nang beginning July 01, 2025, serving the gateway to the heritage wonders of Central Vietnam with…
Trump Slaps 17% Tariff on Philippine Exports: DTI, Markets Respond to U.S. Trade Shift
Under Trump’s “America First” trade policy, the focus shifted towards protecting U.S. industries, reducing trade deficits, and prioritizing American workers. By renegotiating trade deals and imposing tariffs, the policy aimed to…
PAL Scales Up Cebu Hub for Peak Season
Philippine Airlines (PAL) will expand its Cebu hub network by increasing flight frequencies and seat capacity, in anticipation of travel demand in the peak months of the summer season. By…
Filipino Billionaires See Record Wealth Surge in 2025
Fifteen of the Philippines’ wealthiest individuals experienced a major upswing in 2025, with their total fortunes rising to $53.7 billion—driven by gains in real estate, logistics, retail, and digital ventures….
The “Yes” Scam: How One Word Can Open the Door to Fraud and Identity Theft
Beware of the “Yes” scam! Learn how scammers use your voice to commit fraud, and get tips on how to protect yourself and your loved ones from this growing threat….
San Miguel Overtakes Aboitiz as the Philippines’ Leading Power Producer
Ramon S. Ang, Chairman and CEO, San Miguel Corporation. His leadership drives innovation and growth across key industries—food and beverage, infrastructure, power, and investments—reinforcing his profound impact on the Philippine…
IRS Announces Tax Relief for Californians Affected by Wildfires: What You Need to Know
In January 2025, fierce wildfires and strong winds devastated parts of California, particularly Los Angeles County, forcing families, individuals, and businesses to face the aftermath of destruction. In response to this…
Financial considerations for multigenerational households
Sponsored by JPMorganChase For many families multigenerational living is a cherished aspect of home life. It can also be good for your family’s overall wellbeing. Research indicates there can…