Inflation likely eased in October as oil prices declined. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Keisha B. Ta-asan, Reporter HEADLINE INFLATION likely eased to below 6% in October due to lower prices of some food items and […]
Agricultural output may have contracted in Q3
A farmer dries rice grains in Baliuag, Bulacan, Oct. 9, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES THE PHILIPPINES’ overall agricultural output likely shrank in the third quarter as bad weather affected crop production and farmers grappled with […]
Maybank projects 5.2% GDP growth for PHL this year
Commuters line up early at the EDSA Bus Carousel station in Quezon City. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE PHILIPPINE ECONOMY is unlikely to reach the government’s 6-7% growth target this year, although it is still expected […]
PHL trade in goods seen to remain weak until yearend
ICTSI.COM By Luisa Maria Jacinta C. Jocson, Reporter THE GROWTH in Philippine exports and imports will likely remain muted for the rest of the year amid a global economic slowdown and weak external demand, according to the […]
Bletchley park outcomes: AI biggest threat to humanity
<?xml encoding=”utf-8″ ?????????> The global AI safety summit unveiled huge concerns highlighting that the technology poses a potentially catastrophic risk to humanity as worries around highly advanced forms of AI, with as-yet unknown capabilities, are put forward under a landmark declaration from countries including the UK, US, EU and China. […]
Kurt Cobain’s guitars, Elvis Presley’s watch up for auction
NIRVANA’s Kurt Cobain stage-played ‘Skystang I’ Fender Mustang electric guitar (left) and his stage-played and smashed band-signed Fender stratocaster electric guitar (above). TWO of Kurt Cobain’s guitars are up for auction for Played, Worn & Torn: Rock […]
Meralco seeks bidders for 1,800-MW power supply
PHILIPPINE STAR/ RUSSELL PALMA MANILA ELECTRIC COMPANY (Meralco) has started seeking bidders to supply 1,800 megawatts (MW) of electricity needed to meet the growing demand of its customers, the power distribution company announced on Thursday. “Through its […]
Actors, Hollywood studios still at odds on AI and other issues, union says
GABE—UNSPLASH NEGOTIATORS for Hollywood actors and major studios have not resolved concerns about artificial intelligence (AI) and other issues in talks aimed at ending an 111-day strike, the Screen Actors Guild-American Federation of Television and Radio Artists […]
SEC sets 5-year deadline for corporations to start operations
FREEPIK THE SECURITIES and Exchange Commission (SEC) said that corporations must officially start their business operations within five years of formation, or their incorporation certificate will be revoked. The SEC released Memorandum Circular (MC) No. 19 on […]
Samurai trash collectors clean Tokyo streets after Halloween
TRASH collectors in samurai costumes took to Tokyo’s streets on Wednesday, theatrically wielding garbage tongs and flicking litter left from an evening of Halloween revelry into wicker baskets on their backs. Dressed in hats and boldly patterned […]