STOCK PHOTO | Image by ❄️♡💛♡❄️ Julita ❄️♡💛♡❄️ from Pixabay By Keisha B. Ta-asan, Reporter NET INFLOWS of foreign direct investments (FDIs) into the Philippines in November surged to its highest level in almost two years amid an improving economic outlook. FDI net inflows rose by 27.8% year on year […]
Planned LANDBANK-DBP merger to be scrapped — Recto
THE PLANNED MERGER between the state-run lenders Development Bank of the Philippines (DBP) and Land Bank of the Philippines (LANDBANK) will no longer push through due to their conflicting mandates. “It’s not pushing through because basically there is no benefit gained from combining the two institutions. We have separate mandates […]
SEC looking to implement hike in fees, charges this year
THE Securities and Exchange Commission (SEC) hopes its planned hike in fees and charges can be finalized and implemented within the year, its top official said. “Preferably, at least within the year,” SEC Chairperson Emilio B. Aquino told reporters on the sidelines of an event last week when asked when […]
Economic growth may pick up to 5.7%
PHILIPPINE STAR/ MICHAEL VARCAS PHILIPPINE gross domestic product (GDP) may grow by 5.7% this year following the economy’s faster-than-expected expansion in the fourth quarter of 2023, UBS Global Research and Evidence Lab said. The research firm raised its 2024 Philippine GDP growth forecast from 5.3% previously, Grace Lim, an economist […]
Rock & Roll Hall of Fame unveils 2024 nominees
THE 2024 NOMINEES for the Rock & Roll Hall of Fame: (top row, L-R) Mary J. Blige, Mariah Carey, Cher, Dave Matthews Band, (2nd row) Eric B. & Rakim, Foreigner, Peter Frampton, Jane’s Addiction, (3rd row) Kool & the Gang, Lenny Kravitz, Oasis, Sinéad O’Connor, (4th row) Ozzy Osbourne, Sade […]
‘Peaked TV’: US scripted shows dropped in 2023
PASADENA, California — The number of scripted television series in the United States declined by 14% in 2023, FX network chief John Landgraf said on Friday, after a decade-long explosion of shows fueled by the streaming TV wars. The chairman of FX Content and Productions coined the term “peak TV” […]
Battle-scarred Taiwanese islands star in Oscar nominated film
ISLAND IN BETWEEN — IMDB.COM TAIPEI — A film about frontline Taiwanese islands repeatedly fought over with China during the height of the Cold War is vying to win an Oscar this year, with its director hoping the attention will help better explain tensions over Taiwan to a broader audience. […]
DoE readies for 4,399-MW green energy auction this year
FREEPIK THE Department of Energy (DoE) is set to issue in April the notice of auction and terms of reference for an estimated 4,399 megawatts (MW) of renewable energy capacity under the third round of its green energy auction (GEA-3) program. “The DoE will conduct the third round of the GEA-3 this year […]
Entertainment News (02/13/24)
1 of 7 Backstreet Boys’ Nick Carter coming to Manila, Cebu The Backstreet Boys’ Nick Carter is bringing his solo Who I Am Tour to Asia with concerts scheduled in Cebu on May 23 at the Waterfront Hotel Ballroom, and in Metro Manila on May 24 at the New Frontier […]
Public warned against investing in Camacho Packaging Supplies, Reveal
SEC.GOV.PH THE Securities and Exchange Commission (SEC) has cautioned the public against investing in Camacho Packaging Supplies Trading and Reveal, saying that these entities do not have the necessary license to solicit investments. In an advisory posted on its website, the corporate regulator flagged Camacho Packaging Supplies Trading/Camacho Trading and […]