Prepare to be swept away on a global journey of unparalleled pyrotechnic brilliance and musical harmony as the night sky ignites with the dazzling displays of nine powerhouse nations in the 11th Philippine International Pyromusical Competition (PIPC). This eagerly awaited event returns after four years, reclaiming its throne as the […]
PHL digital economy’s share to GDP dropped in 2023
The digital economy’s annual contribution to the country’s economic output decreased as its growth slowed down in 2023, the Philippine Statistics Authority (PSA) reported on Thursday. Preliminary data from the statistics agency showed the digital economy’s share to the country’s gross domestic product (GDP) went down to 8.4% last year […]
CCIFP holds the 2024 edition of Tastin’ France Manila
Wines celebrate much more than their culture and history; they also allow people to connect and bond with each other. With what wine can do for people, the recent Tastin’ France Manila takes that to new heights by inviting wine & spirits producers and local importers, retailers, and distributors to […]
Okada Manila hosts Barbie’s 65th anniversary celebration: A tribute to empowerment and dreams
Okada Manila is thrilled to announce an exceptional event celebrating the 65th Anniversary of Barbie, the quintessential icon of inspiration and empowerment across generations. Dubbed “Barbie 65th Anniversary – Inspiring Stories, Shaping the Future,” this grand celebration will unfold at Cove Manila from April 27 to June 2, 2024, commemorating […]
Coal plant moratorium to stay — DoE
PIXABAY By Ashley Erika O. Jose, Reporter The Department of Energy (DoE) is maintaining a moratorium on the development of greenfield coal-fired power plants even as most hydropower plants are currently running on derated capacities, resulting in insufficient power supply affecting the main grids. “The moratorium (stands, if the LNG […]
HSBC expects BSP to begin easing in Q4
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to delay its policy easing as upside risks to inflation have worsened, but rate hikes are unlikely, HSBC Global Research said. “The easing cycle may be delayed, but we don’t think there will be any rate hikes ahead with non-monetary policies at […]
NCR economic output grew by 4.9% in 2023
METRO MANILA’S economic output expanded by 4.9% in 2023, the slowest pace in two years, due to base effects and weaker output of key sectors, the Philippine Statistics Authority (PSA) said on Thursday. Preliminary PSA data on the latest regional accounts showed that the National Capital Region’s (NCR) economic growth […]
Middle East tensions may impact OFW remittances, inflation
Analysts warned that oil prices may spike amid the unrest in the Middle East. — REUTERS By Luisa Maria Jacinta C. Jocson, Reporter THE ONGOING Israel-Iran conflict may hurt remittances from Middle East-based overseas Filipino workers (OFWs), as well as increase volatility in oil prices that may stoke inflation, analysts said. […]
PHL’s ongoing transition to a cashless society
Photo from freepik/macrovector In a country with strong digital presence, many Filipinos has adopted digitalization into their lifestyles. An apparent evidence of this is the growing adoption of digital payments among individuals and businesses, which is paving the way towards a cashless society. Aiming for the country’s transition towards a […]
Megaworld targets to open P1.2-B Mactan World Museum by 2027
TAN-LED property developer Megaworld Corp. said it is building a P1.2-billion modern museum inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu. The company aims to complete and open the Mactan World Museum by 2027, Megaworld said in a statement to the stock exchange on Thursday. The museum will […]