By Luisa Maria Jacinta C. Jocson, Reporter MANUFACTURING ACTIVITY in the Philippines eased for a second straight month in January as new orders and output rose at a slower pace, S&P Global said on Thursday. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) slipped to 50.9 in January from […]
BSP likely to mirror Fed’s ‘wait-and-see’ approach — analysts
The main office of the Bangko Sentral ng Pilipinas in Manila. — BW FILE PHOTO By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to adopt a cautious approach on monetary policy this year, as it will likely wait for the US Federal Reserve to cut […]
PHL growth momentum seen to continue this year
A man checks out the Chinese New Year display inside a mall in Dasmariñas, Cavite, Feb. 1. — Photo by EDD GUMBAN, The Philippine Star THE PHILIPPINE ECONOMY is seen expanding faster this year, although meeting the government’s growth target may be difficult amid tight monetary policy, analysts said. In […]
Red Sea crisis has ‘little impact’ on European businesses in PHL
A container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal, April 24, 2017. — REUTERS/Amr Abdallah Dalsh/File Photo THE RED SEA shipping crisis has “little impact” on European companies doing business in the Philippines, the European Chamber of Commerce of the Philippines (ECCP) […]
Brand builders on using artificial intelligence
Thank you for an insightful conversation. From L-R: Moderator Ken Lerona (Home Credit), Speaker JL Erestain (AdSpark), Panelist Fitzgerald Chee (BPI), Panelist Vicky Marquez (Thinking Machines) with Chrissy Roa (Ayala Land Inc.) and President Mick Atienza (Smart Communications). By Jomarc Angelo M. Corpuz As with any transformative technology, artificial intelligence […]
CREC gets approval for initial public offering
By Sheldeen Joy Talavera, Reporter SAAVEDRA-LED Citicore Renewable Energy Corp. (CREC) has obtained the approval of the Philippines Stock Exchange, Inc. (PSE) for its planned P12.9-billion initial public offering (IPO). In an e-mailed statement on Thursday, the renewable energy company said that PSE issued its notice of approval on Jan. […]
Women’s pop culture power takes center stage at Sunday’s Grammys
1 of 3 LOS ANGELES — Women are poised to pile up the gold at the Grammy awards on Sunday, reflecting a rise in female representation on pop music charts and record-setting performances at stadium concerts and cinemas. Taylor Swift, SZA, and songs from the Oscar-nominated Barbie movie lead the […]
AbaCore board approves sale of subsidiary’s Batangas property
THE board of listed holding company AbaCore Capital Holdings, Inc. has approved the proposed sale of its subsidiary’s property in Mabini town, Batangas, for P307.19 million. In a regulatory filing on Thursday, the company’s board approved the planned sale of a 30,117-square-meter (s.qm.) property in Barangay San Juan, owned by […]
TV5 introduces RPTV free-to-air channel
JUDGE FLORO Pangilinan-led TV5 Network, Inc. launched the RPTV free-to-air channel on Thursday, offering sports, news, and entertainment shows. In a statement, TV5 said it is collaborating with MediaQuest Holdings, Inc. to serve as content providers for the RPTV Channel. Shows on the channel include all Philippine Basketball Association games, […]
Now Corp. warns of more cyberattacks next year
PANGILINAN-LED TV5 Network, Inc. launched the RPTV free-to-air channel on Thursday, offering sports, news, and entertainment shows. In a statement, TV5 said it is collaborating with MediaQuest Holdings, Inc. to serve as content providers for the RPTV Channel. Shows on the channel include all Philippine Basketball Association games, the daily […]