An aerial view shows the Ortigas business district in Pasig City, Philippines, June 10, 2022. — REUTERS By Beatriz Marie D. Cruz, Reporter THE DEPARTMENT of Finance (DoF) on Monday asked Philippine lawmakers to ease foreign ownership limits in the 1987 Constitution for key sectors such as public utilities, mining, […]
P56-billion subway loan to be approved in March
By Luisa Maria Jacinta C. Jocson, Reporter A LOAN DEAL worth around P56 billion, which represents the third tranche of funding for the Metro Manila Subway project, is expected to be approved next month, according to the Department of Finance (DoF). “For our part, the DoF is fully committed to […]
Poverty, corruption persist 38 years after ‘People Power’ uprising
People pass by a replica of EDSA People Power monument along Congressional Road, in Dasmariñas City in this file photo taken on Feb. 24, 2023. — PHILIPPINE STAR/EDD GUMBAN By Kyle Aristophere T. Atienza, Reporter JANDHEL SANDOVAL wasn’t born yet when Filipinos marched along a major thoroughfare in the Philippine […]
DoE: Around 50 firms keen on energy resource exploration in PHL
PHILSTAR AROUND 50 local and international oil and gas exploration and production companies have shown interest in participating in the bidding for the exploration of various energy resources in the Philippines. The Department of Energy (DoE) on Monday launched the bidding for coal, petroleum, and native hydrogen exploration in the […]
What the changing media landscape means for SMEs
<?xml encoding=”utf-8″ ?????????> The media landscape has undergone enormous and complex change over the last thirty years, with social media platforms rising in prominence often at the expense of more traditional media outlets. As the platforms we use to communicate change, so should marketing activities and business priorities. There has […]
MPIC: Public listing for toll road firm with SMC possible this year
VEHICLES approach the NLEX Balintawak toll plaza, May 18, 2021. — PHILIPPINE STAR/ MICHAEL VARCAS PANGILINAN-LED Metro Pacific Investments Corp. (MPIC) is hoping to complete and publicly list its planned joint venture with San Miguel Corp. (SMC) within the year. “We are at the stage where we are exchanging information […]
Classic ‘East meets West’ tale Shōgun gets new adaptation
IN feudal Japan, political intrigue can do as much damage to a lord as a swift strike from a samurai’s sword. English navigator John Blackthorne (played by Cosmo Jarvis) quickly discovers this as he is shipwrecked in Japan and enters its complex society, where he must navigate a web of […]
Gov’t partially awards T-bills
BW FILE PHOTO THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday amid reduced market appetite and liquidity following its retail Treasury bond (RTB) offering. The Bureau of the Treasury (BTr) raised P14.8 billion from its offering of T-bills on Monday, lower than the […]
Meralco: Strong sales, generation boost core income to P37B
MANILA ELECTRIC Co. (Meralco) saw a 37% increase in its core net income to P37.1 billion in 2023, driven by strong energy sales and power generation, the company said on Monday. “Meralco’s 2023 performance has exceeded expectations… This year, we expect to move forward with our long-term goal of achieving […]
Oppenheimer steamrolls toward Oscars with SAG Award wins
CILLIAN MURPHY, seen here in a scene from Oppenheimer, won best movie actor at the SAG Awards for his work in the film. LOS ANGELES — Historical epic Oppenheimer picked up more prizes on Saturday at Hollywood’s Screen Actors Guild (SAG) Awards, bolstering the movie’s chances to score the best […]