Container vans are seen inside the Manila South Harbor, Feb. 15, 2016. — REUTERS By Abigail Marie P. Yraola, Deputy Research Head THE PHILIPPINES’ trade deficit in goods narrowed sharply in January, as exports returned to positive territory while imports growth contracted, the Philippine Statistics Authority (PSA) reported on Tuesday. […]
US wants to help PHL double the number of its chip-making plants
US Commerce Secretary Gina Raimondo speaks during a press conference in Parañaque City, Metro Manila, March 11, 2024. — REUTERS By Justine Irish D. Tabile, Reporter AMERICAN COMPANIES are looking to invest in the Philippines’ semiconductor industry with the aim of doubling the number of existing packaging, testing, and assembly […]
‘Temperature shock’ poses persistent inflation risk
A dry field is seen in Bulalacao in Oriental Mindoro, which has been placed under a state of calamity due to the severe damage caused by the El Niño weather phenomenon. — PHILIPPINE STAR/EDD GUMBAN By Luisa Maria Jacinta C. Jocson, Reporter RISING TEMPERATURES and climate shocks such as the […]
DBCC may revisit growth targets — Balisacan
The skyline of Parañaque City is seen during sunset, March 7, 2024. — RUSSELL PALMA, THE PHILIPPINE STAR THE DEVELOPMENT Budget Coordination Committee (DBCC) has a “good case” for revisiting its growth targets for this year amid a weaker global economic outlook, National Economic and Development Authority (NEDA) Secretary Arsenio […]
CCP brings Metropolitan Opera to the big screen
DER ROSENKAVALIER – BRONTE LACSAMANA FOR the 9th time, productions by the Metropolitan Opera in New York City will be screened at Ayala Malls’ Greenbelt 3 in Makati City, giving Filipinos access to a powerful art form from the West. Seven operas were chosen for this edition of the Cultural […]
Fil-Aussie artist wins award
FILIPINA-Australian artist Marikit Santiago speaks during the announcement of the 2024 La Prairie Art Award, at the Art Gallery of New South Wales, in Sydney, on March 12. She won for two works, A Seat at the Table (Magulang) and A Seat at the Table (Kapatid). The award — a […]
The Filipino woman comes alive in Limang Daan
Ballet ReviewLimang DaanBallet Philippines By Brontë H. Lacsamana, Reporter THE CLOSING production of Ballet Philippines’ (BP) 54th performance season was held on International Women’s Day, and there was no better way to mark the occasion than with Limang Daan. It’s an ambitious ballet — full-length, completely original, and spanning 500 […]
JFC allots P20-23B for capex, targets to open 700-750 stores
REUTERS JOLLIBEE FOODS Corp. (JFC) is allocating P20-23 billion for its capital expenditure (capex) budget for 2024 as it plans to open 700 to 750 new stores, the listed fast food giant announced on Tuesday. “Funding for the 2024 capex will come from JFC’s internally generated funds, issuance of preferred […]
Arts & Culture (03/13/24)
1 of 8 Fundacion Sansó holds exhibit of donated works THE LATEST exhibit at Fundacion Sansó is “Magnanimous Reciprocity,” which showcases donations of painter Juvenal Sansó’s work, memorabilia, and other pieces from various important collectors. “Through donating artworks to the museum, collectors (Joaquin) Teotico, (Mohammed) Ronaghi, Raffy Simpao, Eliot and […]
ACEN net income down 43% to P7.4 billion
AYALA-LED ACEN Corp. on Tuesday said it saw a 43% decrease in its 2023 net income to P7.4 billion from P13.1 billion the previous year. The listed energy company’s net income “includes P8.6 billion in accounting adjustments from various events in that period,” it said in a statement. Statutory revenues […]