PHILIPPINE STAR/WALTER BOLLOZOS By Keisha B. Ta-asan, Reporter S&P GLOBAL RATINGS affirmed the Philippines’ investment grade rating on Wednesday, citing the economy’s “above-average” growth potential. “The ratings on the Philippines reflect the country’s above-average economic growth potential, […]
Philippine October budget gap shrinks
PHILIPPINE STAR/KRIZ JOHN ROSALES By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE government’s budget deficit shrank in October as revenue growth outpaced spending, the Bureau of the Treasury (BTr) said, easing the pressure to borrow to […]
Bangko Sentral likely to cut benchmark rates by Q2
THE BANGKO Sentral ng Pilipinas (BSP) may start cutting interest rates as early as the second quarter of next year amid easing inflation, according to an economist. “There’s some chance that the BSP might start cutting rates […]
US consumer confidence rebounds; house prices maintain upward trend
FREEPIK WASHINGTON — US consumer confidence rose in November after three straight monthly declines, with Americans planning big-ticket purchases like motor vehicles and houses over the next six months even as they continued to fret over higher […]
SEC warns public, moves to cut access to Binance
SEC.GOV.PH By Revin Mikhael D. Ochave, Reporter THE Securities and Exchange Commission (SEC) warned the public against investing in Binance as it moved to have the world’s largest cryptocurrency exchange blocked in the country. In a statement […]
High Court resolves Okada Manila ownership case
BW FILE PHOTO A SUPREME COURT ruling lifted a previous court order that temporarily reinstated Japanese tycoon Kazuo Okada as shareholder and chief executive officer of Okada Manila, effectively removing him from the leadership of the casino […]
Crazy Carabao looks at market’s changing tastes, adds cider to craft beer lineup
1 of 2 AS THE CLOCK ticks closer to Crazy Carabao’s 10th anniversary, it’s releasing the Newtons Noggin Apple Cider, a new non-beer addition to its previous product lineup. The Sta. Rosa, Laguna-based brewery already has Pilsner, […]
EDC board approves P10-B fixed rate bonds
THE board of Energy Development Corp. (EDC) has approved the public offering, issuance, and listing of the P10-billion second tranche of the company’s shelf-registered green bonds, its listed parent firm told the stock exchange on Wednesday. Lopez-led […]
Alsons raises P1.149B from third tranche debt issue
ALSONS Consolidated Resources, Inc. (ACR) has raised P1.149 billion from the third tranche of its commercial paper (CP) program, the company said on Wednesday. “The proceeds derived from this will primarily be used for ACR’s general working […]
Your next favorite restaurant may be a lab experiment
YOU should expect to be pampered when you dine at high-end restaurants. The best do it with such luxurious ease that any buyer’s remorse for dropping upwards of $500 on a meal is ameliorated by the joy of the experience. Among these culinary destinations, a subset provides an additional attraction: […]