<?xml encoding=”utf-8″ ?????????> Big Fang Collective (BFC),the experiential leisure operator has obtained £5.5million in growth capital to support plans for further expansion across the UK. Founded in 2016 by Kip Piper and Dan Bolger, the business has grown from its original Ghetto Golf experience in Cains Brewery, Liverpool to become […]
UK government announces £100m to support AI regulation
<?xml encoding=”utf-8″ ?????????> It comes as £10 million is announced to prepare and upskill regulators to address the risks and harness the opportunities of this defining technology. The fund will help regulators develop cutting-edge research and practical tools to monitor and address risks and opportunities in their sectors, from telecoms […]
Jobless rate hits record low in 2023
PHILIPPINE STAR/MIGUEL DE GUZMAN By Andrea C. Abestano, Researcher THE JOBLESS RATE dropped to a record low of 4.3% last year as more Filipinos became employed, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary results from the PSA’s Labor Force Survey showed the average unemployment rate last year was […]
Manufacturing output growth picks up in December
FACTORY OUTPUT grew at its fastest pace in three months in December, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary results of the PSA’s latest Monthly Integrated Survey of Selected Industries (MISSI) showed factory production, as measured by the volume of production index (VoPI), grew by 2% year on […]
BSP unlikely to cut rates soon as inflation risks linger
THE BANGKO SENTRAL ng Pilipinas (BSP) is unlikely to start easing its policy stance anytime soon, with a robust economy giving it room to keep borrowing costs high amid lingering upside risks to inflation, analysts said. The BSP will likely keep borrowing costs steady at its first rate-setting meeting of […]
Filinvest Development raises P10B from first tranche of bond offering
FILINVEST Development Corp. (FDC) has raised P10 billion in the first tranche of its P32-billion three-year bond program, the Gotianun-led conglomerate said on Wednesday. In a filing, FDC reported raising P10 billion through 2.5-year peso fixed-rate bonds at a 6.3206% annual interest rate. The first tranche included a P7 billion […]
Capital’s office vacancy rate seen to drop to 14% by 2028
KATE SADE-UNSPLASH THE vacancy rate of office spaces in Metro Manila is expected to decrease to 14% by 2028 due to projected demand growth, real estate consulting firm Colliers said on Wednesday. “We see vacancy rates to gradually decrease to 14% by 2028,” Colliers Associate Director for Office Services Kevin […]
Aboitiz water unit eyes expansion of bulk water supply project
ABOITIZ InfraCapital, Inc., through its unit Apo Agua Infrastructura, Inc., is planning to expand the capacity of its P12-billion bulk water project to serve the growing demand in Davao City, the company’s president said. “We are looking at an expansion of this to other areas of DCWD (Davao City Water […]
Enter the Dragon
THE PENINSULA MANILA will celebrate Chinese New Year on Feb. 10 with a Lion and Dragon Dance to spook away bad spirits, from 9:08 a.m. to 11:30 a.m. The hotel also has a limited-edition line of Lunar New Year edible fine chocolate trees, lo hei prosperity toss salad at The […]
Manila Water targets final testing of Calawis water project in May
MANILA Water Co., Inc. is expecting to provide 80 million liters per day (MLD) of additional treated water after the testing phase of its P8.2-billion Calawis Water Supply System Project (WSSP) in May this year, the company announced on Tuesday. The east zone concessionaire said that the Calawis WSSP is […]