PRESIDENT Ferdinand R. Marcos, Jr. delivers his second State of the Nation Address during a joint session of Congress on July 24, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES By Kyle Aristophere T. Atienza and Revin Mikhael D. Ochave, Reporters PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday highlighted economic recovery […]
Rate cut not yet in the picture — Diokno
Early commuters ride the Light Rail Transit Line 1, July 21, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN AN INTEREST RATE cut by the Philippine central bank “is not yet in the picture,” according to Finance Secretary Benjamin […]
Gov’t to borrow P225B from local market in Aug.
MARI GIMENEZ-UNSPLASH THE NATIONAL GOVERNMENT plans to borrow P225 billion from the domestic market in August, the Bureau of the Treasury (BTr) said on Monday. The August borrowing plan is 25% higher than the P180-billion program for […]
Repower Energy shares gain in P1.15-billion IPO
REPOWER ENERGY DEVELOPMENT CORP. REPOWER Energy Development Corp. (REDC) saw its shares gain four centavos during its initial public offering (IPO) on Monday where it raised P1.15 billion to fund the expansion of its renewable energy portfolio. […]
Megaworld set to open ‘biggest’ hotel by yearend
MEGAWORLD Corp. plans to open its 1,500-room hotel in Para?aque City by the end of the year, the listed property developer said on Monday. “Once it opens, Grand Westside Hotel will become the biggest hotel property in […]
World-class, transformative connectivity for all businesses
Converge Senior Executive Vice-President and Chief Operations Officer Jesus C. Romero Now, in the digital age, connectivity is an important aspect of our lives. From work to leisure, getting a consistent and fast internet connection has become […]
Philippine Airlines adds Taipei, Kaohsiung routes to its network
PHILIPPINEAIRLINES.COM FLAG CARRIER Philippine Airlines (PAL) will add two more routes to Taiwan under its expanded codeshare agreement with China Airlines that started in 2015. “The expanded codeshare arrangement allows PAL and China Airlines to offer greater […]
WeWork sees Southeast Asia as growth driver as firms go hybrid
WEWORK has four locations in the Philippines — RCBC Plaza, Milestone at 5th Avenue, Menarco Tower, and Uptown Bonifacio Tower Three. — COMPANY HANDOUT By Cathy Rose A. Garcia, Managing Editor THE continued adoption of hybrid work […]
Improving ease of doing business: ARTA and PPP
By Ruy Y. Moreno ROMAIN DANCRE-UNSPLASH The bane of doing business in the Philippines is that all entities (juridical, such as corporations or partnerships, and individuals) are required to apply for, and comply with, government […]
Lender set to put up Islamic banking unit
BW FILE PHOTO ONE BANK has been cleared to put up an Islamic banking window in Mindanao this year, an official from the Bangko Sentral ng Pilipinas (BSP) said. “One traditional bank was already licensed to do […]