By Abigail Marie P. Yraola, Researcher THE PHILIPPINE ECONOMY may have slowed in the fourth quarter of 2023, which likely resulted in gross domestic product (GDP) growth falling below the government’s full-year target, according to analysts. GDP likely expanded by 5.7% in the October-to-December period in 2023, based on a […]
BSP says ready to hike rates if Q4 growth remained ‘strong’
BANGKO SENTRAL ng Pilipinas Governor Eli M. Remolona, Jr. — COURTESY OF BANGKO SENTRAL NG PILIPINAS By Keisha B. Ta-asan, Reporter THE BANGKO SEntral ng Pilipinas (BSP) is ready to deliver more policy rate hikes this year if economic growth picked up in the last quarter of 2023, its governor […]
Charter change needs to be limited to just economic provisions — NEDA secretary
BUILDINGS at the Makati central business district are seen in this file photo. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that he would prefer that any amendments to the Constitution only be restricted […]
Renewables unlikely to top coal in PHL energy by 2025 — analysts
By Sheldeen Joy Talavera, Reporter RENEWABLES surpassing coal as the Philippines’ top energy source by 2025 may face challenges in power generation capacity, financing, and land acquisition, according to analysts. “Intermittent wind-solar cannot and will not be able to replace or substitute coal generation unless we embrace and endure large-scale […]
Paris Fashion Week: Viktor & Rolf takes a snip; Giorgio Armani goes shimmery; Chanel has a light touch
1 of 4 PARIS — For their spring summer couture show, Viktor Horsting and Rolf Snoeren, the Dutch design duo behind the label Viktor & Rolf, showed an all-black lineup of ballgowns, tiered dresses and a tuxedo jumpsuit that looked as though they had been attacked by a pair of […]
Jollibee opens 100th North American branch
LISTED fast-food giant Jollibee Foods Corp. (JFC) now has 100 stores in North America after opening a branch on Jan. 25 in the city of Surrey, British Columbia, Canada, the company’s president said. Over the weekend, JFC announced the opening of the new Jollibee branch at the Strawberry Hill Shopping […]
Charge to experience luxe
1 of 10 Priced at P9.99 million, the EQS grows the number of all-electric offerings from Mercedes-Benz Philippines. — PHOTO BY KAP MACEDA AGUILA PHOTO BY KAP MACEDA AGUILA PHOTO BY KAP MACEDA AGUILA From left are Mercedes-Benz Philippines Passenger Cars Distribution General Manager Rhomel Franco, Inchcape Philippines Director Greg […]
Beyond makeup: L’Oreal’s Beauty Academy now extends to social media training
1 of 2 L’OREAL’s Digital Beauty Academy program has produced 516 graduates, all aiming to earn their livelihood through social media. With the rise of social media content monetization, this new iteration of L’Oreal’s Beauty for a Better Life program (which usually produces skilled beauty professionals) equips the students with […]
Viability concerns stall Ayala hospital arm’s bid for P9.49-B PGH cancer center
RAMILTIBAYAN/CC BY-SA 4.0/WIKIMEDIA COMMONS THE Ayala group’s hospital brand is facing challenges in bidding for the P9.49-billion Philippine General Hospital (PGH) cancer center due to concerns about economic viability, an official said. “No movement right now because when we looked at the terms of reference, it is quite difficult to […]
Unlocking global opportunities: Studying abroad made easier with accessible and reliable payment platforms
For Filipinos, studying abroad is a golden opportunity. Beyond obtaining a high-quality education, it paves the way toward a thriving career. It’s not surprising then that an increasing number of Filipinos are showing interest in studying overseas. In 2022, data from UNESCO, or the United Nations Educational, Scientific, and Cultural […]