By Luisa Maria Jacinta C. Jocson, Reporter A POTENTIAL uptick in inflation over the next few months could prompt the Bangko Sentral ng Pilipinas (BSP) to delay its rate easing cycle, analysts said. “This could keep the BSP from cutting rates as anticipated by market players. If inflation persists, they […]
New taxes ‘last resort’ — Recto
THE Bureau of Internal Revenue is encouraging taxpayers to file their tax returns ahead of the April 15 deadline.— PHILIPPINE STAR/ EDD GUMBAN THE Finance department may not introduce any new tax proposals under the Marcos administration, but will instead focus on improving tax collection efficiency, its top official said. […]
DoE sees yellow alert in April, May
The sun sets over Parañaque City, March 7, 2024. — PHILIPPINE STAR/RUSSELL PALMA By Sheldeen Joy Talavera, Reporter THE Luzon grid may potentially experience yellow alerts in April and May as the operations of several hydroelectric power plants have been affected by the El Niño weather event, according to the […]
Gross borrowings slump in Jan.
JOHN GUCCIONE-PEXELS THE National Government’s (NG) gross borrowings slumped by nearly half to P203.151 billion in January, the Bureau of the Treasury (BTr) said. Data from the BTr showed that total gross borrowings declined by 44.6% in January from the P366.863 billion in the same month in 2023. During the […]
IdeaSpace Accelerator Program Cohort 11 showcases six distinct startups in Demo Day
Celebrating the spirit of innovation and entrepreneurship, IdeaSpace, a startup enabler supported by the PLDT and Metro Pacific group of companies, recently hosted a demo day for Cohort 11 of the IdeaSpace Accelerator Program. The event provided a platform for visionary techpreneurs to pitch their ventures and showcase their journey […]
Meralco Female Linecrew: Breaking Gender Stereotypes in a Male-Dominated Field
Meralco female linecrew Zuzette Castro shows that women can excel in any field. By Mhicole A. Moral For many years, the field of electricity line work has been dominated by men. It has traditionally been considered a physically demanding and dangerous job, leading many to assume that men are better […]
UST’s SDG-inspired hackathon promotes healthy living, renewable energy, alternative communication
Team InnoVision, first-place winner of UST’s first university-wide hackathon To foster interdisciplinary collaboration among students, the University of Santo Tomas (UST) TOMASInno Center, UST’s official technology business incubator, hosted the first university-wide hackathon with the theme “Hack-a-Thom: The UST Hackathon on Sustainable Development Goals — Health, Environment, and Education” last […]
SMC studying Metro Pacific’s Indonesian tollway assets for merger
SAN MIGUEL CORP. (SMC) said it anticipates finalizing the planned joint venture with Metro Pacific Investments Corp. (MPIC) in the coming months, pending the evaluation of its tollway arm’s Indonesian assets. “We will finalize this very soon, maybe in the next few months. The reason why I cannot say ‘yes’ […]
Mining companies seen to pose mixed results this year
BW FILE PHOTO By Sheldeen Joy Talavera, Reporter LISTED mining companies are expected to deliver mixed results this year, buoyed by global demand for essential metals but weighed down by regulatory and environmental uncertainties, according to analysts. “The outlook for mining companies in FY (financial year) 2024 appears promising, driven […]
Orient Star opens first boutique in the Philippines
HOST DAVID CELDRAN welcoming the guests ORIENT STAR, a higher-end brand of popular watch brand Orient, opened its first boutique in the Philippines at the Mitsukoshi BGC mall on March 21. While the company started making watches in 1901, the company was formally known as the Orient Watch Company in […]