Inflation likely eased in October, the Philippine central bank said. — PHILIPPINE STAR/EDD GUMBAN By Keisha B. Ta-asan, Reporter HEADLINE INFLATION may have eased to 5.1-5.9% in October as prices of fuel and key food items dropped, […]
PHL digital economy projected to reach up to $150B by 2030
The Philippines’ digital economy is projected to reach as high as $150 billion by 2030, an industry report showed. — PHILIPPINE STAR/EDD GUMBAN THE PHILIPPINES’ digital economy is projected to reach as high as $150 billion by […]
Earnings of PHL banks likely to peak this year
MARI GIMENEZ-UNSPLASH EARNINGS of Philippine lenders will likely peak this year before growth moderates in 2024 and 2025 amid the Philippine central bank’s expected policy easing. “The (banking) sector’s return on average assets could normalize to a […]
September NCR retail price growth slowest in 17 months
Parents and their children shop for shoes at a shop in Marikina City. — PHILIPPINE STAR/WALTER BOLLOZOS RETAIL PRICE GROWTH of general goods in Metro Manila eased to a 17-month low in September, amid the slower annual […]
Jet fuel prices likely to decline through yearend — DoE
Image by Andy Choinski from Pixabay By Ashley Erika O. Jose, Reporter JET FUEL prices are expected to decline further until the end of the year as production scales up, the Department of Energy (DoE) said. “Jet […]
SEC says proposed fee hike to have ‘very minimal’ impact on MSMEs
By Revin Mikhael D. Ochave, Reporter THE Securities and Exchange Commission (SEC) said its proposed increase in fees will have a “very minimal” impact on micro-, small-, and medium-sized enterprises (MSMEs). “It (the proposed hike in fees) […]
A case for Chilean pork
WHILE Chile is known for its fruit and wine exports, livestock sounds more like the playground of its neighbor, Argentina. However, on Oct. 13, Chile showed off its prowess in pork: several thousand metric tons of it, […]
The few over the many
By Marvin Tort XIANGKUN ZHU-UNSPLASH Almost every morning, on weekdays, I pass Valero Street in Salcedo Village in Makati City. At around 7 a.m., there will be two big buses parked near the corner of […]
Colliers sees continued rise in office sector transactions in 2024
MARIO GOGH-UNSPLASH TRANSACTION activity in the local office sector is expected to continue improving next year, driven by potentially sustained demand, real estate consulting firm Colliers said. “Transactions have been increasing by about 10-15% quarter on quarter. […]
Phenomenal finds at California wine tour
THE CALIFORNIA Wine Institute Vintner’s Tour for 2023 went around Asia last month, rolling from Shanghai, Taipei, and Hongkong, before making a final stop in Manila on Oct. 23. About 30 winemakers were gathered at the Shangri-La […]