Exhibiting the country’s science, technology, engineering and mathematics (STEM) brilliance to the world, the Philippine Robotics National Team, represented by Grace Christian College, won the first place in the Breakthrough Award category in this year’s FIRST LEGO League (FLL) Morocco Open Invitational. Over 48 countries participated in the international robotics […]
Inflation further eased in May — BSP
A vendor displays fish for sale at the Marikina Public Market. — PHILIPPINE STAR/WALTER BOLLOZOS By Keisha B. Ta-asan, Reporter HEADLINE INFLATION may have decelerated within the 5.8% to 6.6% range in May due to lower prices of fuel, poultry and fish, the Bangko Sentral ng Pilipinas (BSP) said on […]
NG debt inches up to P13.9T as of April
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter THE NATIONAL Government’s (NG) total outstanding debt hit a fresh high of P13.91 trillion at the end of April, the Bureau of the Treasury (BTr) said. Data from the BTr showed that the outstanding debt inched up by 0.4% from […]
House adopts Senate version of MIF bill
By Beatriz Marie D. Cruz, Reporter THE HOUSE of Representatives on Wednesday adopted the Senate version of the proposed sovereign wealth fund bill, after the Senate approved the measure in the wee hours after 12 hours of debates. The Maharlika Investment Fund (MIF) bill will now be sent to Malacañang […]
World Bank approves $176-million loan for Philippine fisheries project
FISHERIES output rose by 3% in the first quarter, reversing the 5.8% decline in the same period in 2022. — PHILIPPINE STAR /EDD GUMBAN THE WORLD BANK has approved a $176-million loan for a new fisheries project in the Philippines. In a May 30 statement, the multilateral lender said its […]
Century Properties to fully own PHirst as Mitsubishi sells stake
CENTURY Properties Group, Inc. is set to acquire full ownership of its two affordable housing subsidiaries as its Japanese partner Mitsubishi Corp. has decided to sell its share, the listed developer said on Wednesday. “This acquisition is part of the group’s strategic move to consolidate interests in the business segment […]
SC backs order allowing any public telco in BGC
PHILSTAR FILE PHOTO THE Supreme Court (SC) has affirmed the legality of a 2002 National Telecommunication Commission (NTC) order that allowed any enfranchised public telecommunications provider to install high-speed landline and internet connectivity within Bonifacio Global City (BGC). In a 28-page ruling made public on May 31, the tribunal denied […]
Eton Properties plans township project in Cebu
The 35-hectare township will feature a 600-meter beachfront. — ETON PROPERTIES PHILIPPINES INC. LUCIO C. TAN’S Eton Properties Philippines, Inc. plans to build a 35-hectare integrated township in Lapu-Lapu City, Cebu as it continues to expand its core businesses. “The company’s plan to expand its core businesses is a strategic […]
MPIC studies pivot to food and logistics industries — Pangilinan
METRO Pacific Investments Corp. (MPIC) is looking to pivot to less-regulated industries such as food and logistics, its chairman said, pointing to the need to balance the firm’s risk portfolio. “We started in food and agriculture, that’s one part of it. We’re looking at the possibility of logistics as a […]
The Taste of Fate
1 of 3 THE FOOD is good, but the taste of someone’s dream come true tastes even better. The Fatted Calf in Silang, Cavite has since 2019 been known in dining circles as an off-road must-visit — but several setbacks, including the Taal Volcano eruption of 2020 and the beginning […]