<?xml encoding=”utf-8″ ?????????> A top executive with a leading telecoms company in the country, focusing on IT development. An expert in digital ecosystems. He has vast expertise in working for commercial entities. Vyacheslav Nikolaev has been working for a number of years as a top executive with one of the […]
34 years of growth in the local manufacturing industry
In the wake of the COVID-19 pandemic, local industries continue to grow stronger, overcoming the business difficulties they faced during the health crisis. That is what the Philippine Association of Meat Processors, Inc. (PAMPI) would like to […]
DBM to review agencies’ budget use
BUDGET SECRETARY AMENAH F. PANGANDAMAN — PHILIPPINE STAR/KRIZ JOHN ROSALES THE DEPARTMENT of Budget and Management (DBM) is planning to review the budget execution of government agencies amid the low utilization of funds. Budget Secretary Amenah F. […]
R&I lifts Philippine outlook to ‘positive’
A Japan-based credit rating agency affirmed the Philippines’ long-term foreign currency issuer default rating at “BBB+.” — PHILIPPINE STAR/ MIGUEL DE GUZMAN JAPAN-BASED Rating and Investment Information, Inc. (R&I) affirmed the Philippines’ investment grade rating and upgraded […]
BSP likely to extend pause until March 2024
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely keep its benchmark interest rate steady until the first quarter of 2024, despite easing inflation, Nomura Global Markets said. Nomura Global Markets Research Chief ASEAN Economist Euben Paracuelles said […]
PLDT eyes Greater Metro Manila for data center expansion
BW FILE PHOTO PLDT Inc. is considering Greater Metro Manila (GMM) as a potential location for its upcoming 12th data center, with a planned capacity of at least 100 megawatts, according to the company’s data center arm […]
Metro Pacific’s CALAX Silang Interchange set for Sept. opening
METRO Pacific Tollways Corp. (MPTC) unit MPCALA Holdings, Inc. on Monday said it is planning to open the Silang (Aguinaldo) Interchange of the Cavite-Laguna Expressway (CALAX) project by September. The upcoming CALAX exit, anticipated to serve an […]
SC affirms denial of Pilipinas Shell’s contempt plea vs. BoC officials
THE SUPREME Court has upheld an appellate court decision that rejected Pilipinas Shell Petroleum Corp.’s plea to cite officials of the Bureau of Customs (BoC) in contempt for discussing details of a P7.34-billion tax case in a […]
ACEN increases loan deal for Cagayan solar project vehicle
ACEN Corp. has executed an amendment to its loan and security agreement with Natures Renewable Energy Development Corp. (Naredco) to finance a 133-megawatt (MW) solar power project in Cagayan, the Ayala-led company announced on Monday. The energy […]
Domestic coal sales pull Semirara Q2 income to P10.19B
SEMIRARA Mining and Power Corp. (SMPC) on Monday reported a second-quarter attributable net income of P10.19 billion, which is 5.5% lower than the P10.78 billion net income reported a year ago. The decrease was attributed to reduced […]