<?xml encoding=”utf-8″ ?????????> Heather Mills has struck a £1m rescue deal for her vegan food business after accusing the “gaslighting” meat industry of triggering a decline in sales. VBites has been bought out of administration a month after its collapse, with Ms Mills vying to rebuild the business after fending […]
House of Lords votes to delay Sunak’s Rwanda deportation plans
<?xml encoding=”utf-8″ ?????????> The House of Lords has voted for a motion to delay ratifying the Government’s new treaty with Rwanda. While the motion is not binding on the Government, support for it provides an indication of the uphill battle the Government faces over the next two months to get […]
Mastering the Art of Business Growth: Essential Strategies for SMEs in 2024
<?xml encoding=”utf-8″ ?????????> In today’s fast-paced business world, SMEs face numerous challenges in their quest for growth and success. As we step into 2024, it’s more important than ever for these businesses to master the art of business growth. The strategies that worked in the past may no longer be […]
DoF chief joins BSP’s Monetary Board
FINANCE SECRETARY RALPH G. RECTO — DEPARTMENT OF FINANCE By Keisha B. Ta-asan, Reporter NEWLY APPOINTED Finance Secretary Ralph G. Recto took his oath as a member of the Monetary Board on Monday, the Philippine central bank said, taking the last seat in the seven-member policy-making body. Mr. Recto is expected […]
Philippines should fix broadband ‘duopoly’ — WB
FREEPIK By Luisa Maria Jacinta C. Jocson, Reporter THE GOVERNMENT should address barriers to efficient broadband infrastructure to help bridge the widening digital divide in the Philippines, where the market remains a duopoly, according to the World Bank (WB). “The broadband market in the Philippines is an effective duopoly with […]
Finance secretary eyes free trade deal with US
BERND DITTRICH-UNSPLASH By Luisa Maria Jacinta C. Jocson, Reporter FINANCE SECRETARY Ralph G. Recto is eyeing a free trade agreement (FTA) with the United States after meeting with US officials on Monday to discuss efforts to boost ties, according to his office. They discussed efforts to “boost economic and investment […]
IMF: AI may boost Philippine labor productivity
FREEPIK By Keisha B. Ta-asan, Reporter THE SHIFT to artificial intelligence (AI) technologies could increase labor productivity in the Philippine service sector, the International Monetary Fund (IMF) said. “Because of the Philippine economy’s early structural transformation to a service-based economy, raising the level of service sector labor productivity through digital […]
PCC clears sale of ABS-CBN’s Sky Cable to PLDT
PHILIPPINE STAR/ MIGUEL DE GUZMAN By Revin Mikhael D. Ochave, Reporter THE Philippine Competition Commission (PCC) has approved the sale of Sky Cable, a subsidiary of media company ABS-CBN Corp., to telecommunications giant PLDT Inc. Competition watchdog PCC gave the go-signal for Sky Cable to be sold to Pangilinan-led PLDT, […]
DILG to push for 3-year tax holiday for local films
THE DEPARTMENT of the Interior and Local Government (DILG) has backed local film producers in their plea to reduce what they say is the excessive tax burden that makes it difficult to produce more movies. At a meeting with representatives from the local entertainment industry, DILG secretary Benjamin “Benhur” Abalos, […]
Five companies keen on Meralco power supply needs
PHILIPPINE STAR/MICHAEL VARCAS THREE companies are looking to vie for Manila Electric Co.’s (Meralco) 400-megawatt (MW) baseload requirement, while two have expressed interest in the 260-MW peak requirement. Masinloc Power Partners Co. Ltd. (MPPCL), Limay Power, Inc. (LPI), and First NatGas Power Corp. (FNPC) expressed interest and participated in the […]