Motorists are stuck in traffic along Commonwealth Avenue in Quezon City, July 28, 2022. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Justine Irish D. Tabile, Reporter NEW VEHICLE SALES jumped by an annual 15.5% in January amid the launch of new models and the expansion of electric vehicles (EVs) in the […]
House set to tackle wage hike bills next week
The House of Representatives will tackle bills seeking to hike the minimum wage by P150 on Tuesday (Feb. 27). — PHILIPPINE STAR/KJ ROSALES THE HOUSE of Representatives is set to tackle bills seeking to hike the minimum wage by P150 next week despite concerns this would pose a significant risk […]
Climate change risks threaten Asia’s progress on sustainable development goals
A water buffalo is seen on cracked soil in a dried-up rice field in Baliuag town, Bulacan province, north of Manila, Philippines in this file photo dated April 23, 2018. — REUTERS RISKS stemming from climate change are preventing Asia and the Pacific countries from making progress on sustainable development […]
Corporate registration suspended for 117,885 firms
THE Securities and Exchange Commission (SEC) has suspended the corporate registration of 117,885 corporations for failing to submit their annual reports for over five years. The suspension order also encompasses corporations that initiated business operations but subsequently remained inactive for over five consecutive years, according to a SEC order dated […]
Maynilad to spend P11.40B on wastewater projects this year
MAYNILAD Water Services, Inc. announced on Wednesday a budget allocation of approximately P11.4 billion for wastewater management projects this year. The amount covers the construction of new sewage treatment plants and the laying of new sewer lines, the company said in a statement. Maynilad is currently operating 23 wastewater facilities […]
Movate expands presence in PHL, aims job growth
UNSPLASH MOVATE, Inc. is hoping to boost job opportunities in the Philippines with its third global delivery center in the country, the digital technology services company said on Wednesday. “We’re excited to launch our new facility in Antipolo in the Manila region. The Philippines has been a strategic center of […]
Ippudo: Going beyond ramen
1 of 2 AS part of its plan to set itself apart from the ramen shops that are soaking the city, Ippudo is releasing limited edition dishes every quarter, with the theme “Great Ramen, Great Sides.” BusinessWorld got to try their new bun trio, with the signature Pork Bun, Fried […]
PLDT targets mainstream adoption of premium fiber internet
BW FILE PHOTO PLDT Inc. is planning to extend its gigabit fiber plan to Cebu and Davao following its initial deployment in Metro Manila, a company official said. “Yes, Cebu and Davao will also be actually in our rollout list,” Jeremiah M. de la Cruz, PLDT senior vice-president and head […]
Two Madrid insiders share itineraries for the perfect day in town
IN A CITY that runs on tapas, it’s only logical to get recommendations from plugged-in members of the food and beverage scene. Here in Madrid, two such luminaries offer their best bites of local intel — intended as a chaser to our Two-Night Minimum city guide to the Spanish capital. […]
Ayala Land sets P100-billion capex budget for 2024
AYALALAND.COM.PH AYALA Land, Inc. (ALI) has allocated P100 billion for its capital expenditure (capex) budget this year, with plans to launch P115 billion worth of projects, the property developer’s chief financial officer said. The company’s capex budget for 2024 is 16% higher than the P86.2 billion allocated for capex last […]