PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter PHILIPPINE banks may experience "systemic solvency distress" if the economic impact of the coronavirus disease 2019 (COVID-19) turns out to be worse than initially expected,

THE 60-DAY price ceiling on select pork and chicken products in Metro Manila ended on April 8. -- PHILIPPINE STAR/ MICHAEL VARCASDESPITE the slight easing in March, inflation is expected to remain elevated in the second quarter with the lifting of the price caps on

COURTESY OF REUTERS THE National Government's gross borrowings stood at P53.912 billion in February, plunging 89% from P479.23 billion a year ago when the Treasury sold retail Treasury bonds (RTB). Latest data from the Bureau

KIM KARDASHIAN -- INSTAGRAM.COM/KIMKARDASHIANREALITY star and businesswoman Kim Kardashian's Skims raised $154 million in its latest funding round led by venture firm Thrive Capital to reach a $1.6 billion valuation, the shapewear label said on Friday. The round also included funding from two existing investors, Imaginary

GIORGIO ARMANI -- JAN SCHROEDER/ EN.WIKIPEDIA.ORGMILAN -- Giorgio Armani may consider a joint venture with another Italian company, the founder of the Milanese fashion house told US magazine Vogue, opening the door for the first time to a potential business partner. In an interview published on

PHILIPPINE STAR/ MICHAEL VARCAS By Jenina P. Ibanez, Reporter THE Board of Investments (BoI) will be releasing a preliminary list of industries eligible for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE)

PAUL ANDREW -- GROUP.FERRAGAMO.COM MILAN -- British designer Paul Andrew said on Thursday he would leave Italian luxury brand Salvatore Ferragamo in May, a high-profile departure that comes at a time when the

PHOTO FROM VOLKSWAGEN PHILIPPINES VOLKSWAGEN PHILIPPINES announced the imminent arrival of the German brands "globally renowned subcompact SUV," the T-Cross. The vehicle is said to be manufactured in Volkswagen's global hubs in Brazil, China