The main office of the Bangko Sentral ng Pilipinas in Manila. — BW FILE PHOTO By Keisha B. Ta-asan, Reporter BANGKO SENTRAL ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said it is premature to discuss policy […]
Unemployment rate drops to 18-year low in October
An applicant fills out a form at a job fair in Pasay City, Nov. 7, 2023. — PHILIPPINE STAR/EDD GUMBAN By Jomel R. Paguian THE PHILIPPINES’ unemployment rate fell to the lowest in 18 years in October, […]
Philippines unlikely to be included in FATF blacklist, says Remolona
BW FILE PHOTO THE PHILIPPINES is unlikely to be included in the Financial Action Task Force’s (FATF) blacklist of countries with high risk of money laundering and terrorism financing, the Bangko Sentral ng Pilipinas (BSP) chief said. […]
Factory output growth slowest in over a year
REUTERS By Luisa Maria Jacinta C. Jocson, Reporter FACTORY PRODUCTION grew at its slowest pace in over a year in October as elevated inflation may have dampened demand. Preliminary results of the Monthly Integrated Survey of Selected […]
ACEN unit signs $100-M loan to finance international expansion
ACEN Corp. on Thursday said its subsidiary had signed its first $100-million green term loan facility with a Japanese banking group to support its overseas expansion. In a stock exchange disclosure, the listed firm said its Singapore-based […]
UNESCO adds Aklan piña handloom weaving to list of intangible cultural heritage
1 of 2 THE UNITED Nations Educational, Scientific and Cultural Organization (UNESCO) has inscribed Aklan Piña Handloom Weaving in its list of Intangible Cultural Heritage of Humanity. UNESCO’s committee for safeguarding intangible cultural heritage meets annually to […]
Three entities secure gov’t deals for RE projects
FREEPIK THE Department of Energy (DoE) has awarded service contracts to three entities for their renewable energy (RE) projects, the listed companies behind the planned power sources separately said on Thursday. Basic Energy Corp., Alternergy Holdings Corp., […]
Personal history and identity in public space
1 of 2 “THE MORE recent artists keep making the same things and, despite the growing number of galleries in the Philippines, you rarely find an immersive yet well-curated art exhibition,” declared Prim Paypon, lead curator of […]
Manila Water signs P10-B loan for capital spending
MANILA Water Co., Inc. said on Thursday that it had signed a P10-billion term loan facility with a local bank to partly fund its capital expenditure projects. In a disclosure to the stock exchange, the east-zone water concessionaire said the 10-year term loan facility was extended by Metropolitan Bank and […]
Taylor Swift named Time’s ‘Person of the Year,’ capping her record-breaking 2023
AFTER launching a record-shattering global tour and becoming the world’s most-streamed musical artist in 2023, Taylor Swift notched yet another accolade on Wednesday when Time magazine named the mega pop star as its “Person of the Year.” […]