Philippine flags line the road in the City of Dasmariñas in Cavite, June 2, 2023. — PHILIPPINE STAR/EDD GUMBAN THE BOARD of Investments (BoI) said on Tuesday that total approved investments reached a record P1.16 trillion so […]
External debt service burden surges to $10.8 billion as of end-September
A person shows U.S. dollars at a currency exchange store in Manila, Philippines, October 21, 2022. — REUTERS By Keisha B. Ta-asan, Reporter THE PHILIPPINES’ external debt service burden more than doubled in the January-to-September period, according […]
Cost of doing business, navigating international rules hindering wider Philippine utilization of trade deals
REUTERS By Justine Irish D. Tabile, Reporter EXPORTERS lack the knowledge to tap trade agreements and face a higher cost of doing business in the Philippines, rendering their products uncompetitive relative to other countries’ exports, a business group said. The Philippine Chamber of Commerce and Industry said cost-of-doing-business issues center […]
Banks, electronic money issuers reviewing zero transaction fees on small transfers
DAVID DVORACEK-UNSPLASH By Keisha B. Ta-asan, Reporter BANKS and electronic money issuers (EMIs) are still reviewing the removal of transaction fees for small online fund transfers, an official from the Bangko Sentral ng Pilipinas (BSP) said. […]
BSP’s policy easing expected to support economy in 2024
AN AERIAL VIEW shows the Ortigas business district in Pasig City, Philippines, June 10, 2022. — REUTERS/ADRIAN PORTUGAL By Keisha B. Ta-asan, Reporter THE WIDELY expected monetary policy easing from the Bangko Sentral ng Pilipinas (BSP) next […]
Remembering Shaz
1 of 2 By Giselle P. Kasilag THERE was a hush that descended every time Ballet Manila (BM) co-artistic director Osias “Shaz” Barroso Jr. entered the studio. Suddenly, all the dancers were standing straighter. Everyone appeared to […]
Meralco’s ‘fair’ rates rank below global average
MANILA ELECTRIC Co. (Meralco) said it has “fair and reasonable rates” as its business scale enables it to source the cheapest cost of electricity. “Meralco, because ang laki niya (it is big), has the ability to source […]
Why market players are optimistic about equities in 2024
REUTERS By Revin Mikhael D. Ochave, Reporter THE PHILIPPINE stock market is expected to improve in 2024 amid more opportunities for capital raising and growth, according to industry players and analysts. Ramon S. Monzon, president and chief […]
Metro Manila Film Festival 2023: Meticulous, striking, well-acted
Movie ReviewGomBurZaDirected by Pepe DioknoMTRCB Rating: PG By Brontë H. Lacsamana, Reporter IT’S pleasantly surprising that a Filipino film can successfully shed light on an oft-misunderstood part of history and have the intensity to move people to […]
No reason to be complacent
By Bernardo M. Villegas PHILIPPINE STAR/EDD GUMBAN (Part 2) From the experiences during the 10 years preceding the coronavirus pandemic and the two years after, there is a very high probability that a 6-7% gross […]