Fitch Ratings warned a delay in the rollout of coronavirus disease 2019 (COVID-19) vaccines may hurt the Philippines’ growth prospects. — PHILIPPINE STAR/MICHAEL VARCAS FITCH RATINGS affirmed the Philippines’ long-term foreign currency issuer default rating at “BBB” with a stable outlook, on the back of modest

Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) expects to see 7% growth this year, as global demand recovers. — REUTERS By Jenina P. Ibañez, Reporter AN ELECTRONICS exporters industry group is asking lawmakers to reconsider the potential cap on investments reviewed by investment promotions agencies

EXCISE TAXES collected from alcoholic beverages reached P75.94 billion in 2020, the Bureau of Internal Revenue said. — REUTERS EXCISE TAX collections from so-called “sin” products exceeded its downscaled target by less than 2% in 2020, as consumption of cigarettes, sweetened drinks and alcoholic products remained

By Arjay L. Balinbin, Senior Reporter THE Transportation department said two of the three short-listed Chinese consultants for the consultancy contract for the Tagum-Davao-Digos segment of the Mindanao Railway Project are compliant with its terms of reference. “All three submitted on time, but one appeared to fail

MEGAWIDE Construction Corp. has entered into a joint venture agreement with Cebu City for the redevelopment of the Cebu Carbon Market. In a disclosure to the stock exchange on Monday, the listed company said the deal also covers the operation of mixed-use assets on the project

PETRON CORP. is infusing close to P3 billion to improve its refinery operations in Bataan, after securing approval from the Authority of the Freeport Area of Bataan (AFAB) to register in the province’s freeport area, the firm told the local bourse on Monday. “As part of

LOCAL streaming service iWantTFC starts the year with its first original offering, horror anthology Horrorscope about how one’s astrological sign can bring misfortune and terror, which begins streaming worldwide on January 13. “Horoscopes are something everybody knows about, whether they believe it or not, they know

LOW-COST carrier Philippines AirAsia, Inc. announced on Monday its “piso sale” offering, as it started seeing signs of recovery in domestic tourism. “We have seen small but significant progress in terms of our load factor for the fourth quarter of 2020,” Philippines AirAsia Spokesperson Steve F.

SINGER Daryl Ong, known for his covering songs such as Willie Revillame’s novelty song “Ikaw Na Nga,” has signed as an artist for Filipino music label Viva Records, putting him in the same company as singers Sarah Geronimo and Katrina Velarde. Mr. Ong, who also rose

By Michael Angelo S. Murillo, Senior Reporter THE planned return to training of national athletes vying for a spot in the rescheduled Olympic Games at the weekend did not push through and instead was delayed by a week, but the Philippine Sports Commission’s (PSC) reminder on

QUARTERBACK (QB) Lamar Jackson etched his name in the National Football League (NFL) record book while leading the Baltimore Ravens to a 20-13 win over the host Tennessee Titans in an American Football League (AFC) wild card game on Sunday in Nashville, Tenn. Jackson’s 48-yard touchdown