Rice inflation accelerated 18% year on year in September despite the government’s imposition of a ceiling on rice prices. — PHILIPPINE STAR/EDD GUMBAN By Keisha B. Ta-asan, Reporter INFLATION quickened for a second straight month in September […]
ADB approves $300-M PHL loan to boost financial inclusion
REUTERS THE Asian Development Bank (ADB) on Thursday said it approved a $300-million loan to fund the Philippine government’s initiatives to boost vulnerable sectors’ access to financial services. In a statement, the multilateral lender said its Inclusive […]
Marcos urged to extend lower tariff rate on rice
PHILIPPINE STAR/KRIZ JOHN ROSALES By Luisa Maria Jacinta C. Jocson, Reporter THE INTER-AGENCY Committee on Inflation and Market Outlook (IAC-IMO) has recommended extending the lowered tariff rate on rice until the end of 2024, National Economic and […]
Economists doubt reported benefits of rice price cap
A farmer harvests rice in Rajal, Nueva Ecija in this March 13 file photo. — PHILIPPINE STAR/KRIZ JOHN ROSALES By Kyle Aristophere T. Atienza, Reporter ECONOMISTS have called for a clear assessment of the real effects of […]
Uber ordered to pay €584,000 in penalties for failure to comply with court order
<?xml encoding=”utf-8″ ?????????> The District Court of Amsterdam has today ruled that Uber has failed to comply with the April 2023 Court of Appeal order that Uber must provide transparency into the automated decision to dismiss two drivers from the UK and Portugal. The case was brought by Worker Info […]
MPIC health unit buys Antipolo Doctors Hospital
Top leaders of Metro Pacific Health (MPH) and board members of Antipolo Doctors Hospital (ADH) gather for a ceremonial signing event. (From left): Jose Noel dela Paz, MPH director for corporate development; Edith B. Tanquilut, MD, chairman […]
SEC flags three more entities, including impostor of US firm
UNSPLASH THE Securities and Exchange Commission (SEC) has cautioned the public against investing in three entities after soliciting investments without the necessary registration. In three separate advisories, the SEC flagged Morgan Stanley Investment Firm, Hope Financial Marketing […]
Philippine hiring declines 9% in August — foundit
FREEPIK THE PHILIPPINES registered a 9% decline in hiring in August resulting from challenges faced in various sectors, according to talent platform foundit. “The Philippines exhibits a recovering job market, underscoring the continuous need for learning and […]
PSE names 60 companies compliant with Shari’ah, includes three new issues
SHARI’AH-COMPLIANT firms listed at the Philippine Stock Exchange, Inc. (PSE) have jumped to 60 from 58 following the market operator’s quarterly screening for the period ending Sept. 25. The PSE issued a memorandum on Oct. 4, which […]
PHL salaries mostly flat in 2023 — JobStreet
PHILIPPINE STAR/WALTER BOLLOZOS SALARIES across industries and specializations in the Philippines were largely flat this year, according to online job portal JobStreet. In its 2023 Salary Guide report, JobStreet said 97.6% of industries reported steady salaries, while […]