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The United Nations calls climate change "the defining issue of our time." In worst-case scenarios, the consequences of climate change range from shifting weather patterns that would decimate global food production, to rising
By Luz Wendy T. Noble, Reporter THE PHILIPPINE central bank on Thursday kept policy rates unchanged as expected, saying an accommodative stance is key to economic growth that has gained solid traction. Monetary officials also
By Alyssa Nicole O. Tan and Jenina P. Ibanez, Senior Reporter SENATE DEBATES on next year's budget would probably get delayed after some senators and their staff were exposed to the coronavirus by a
By Jenina P. Ibanez, Senior Reporter THE PHILIPPINE ECONOMY could grow by 7.1% next year amid stronger private consumption and government infrastructure spending, according to IHS Markit. In a report, the London-based market intelligence provider
A BILL seeking to require the domestic processing of some ore mined in the Philippines holds the potential to "double or triple" the mining industry's contribution to gross domestic product (GDP), the Mines
FLAG carrier Philippine Airlines (PAL) ended October, two months since its Chapter 11 filing on Sept. 3, with a loss of $27.87 million, or P1.40 billion, resulting in a cumulative loss of $57.42
PROGRESS in the country's vaccination drive and the gradual reopening of the economy are expected to help boost confidence and spur lending, a central bank official said. Bangko Sentral ng Pilipinas (BSP) Department of
THE next government will need to address right-of-way issues, slow permit approvals for infrastructure projects, and prepare long-term plans looking as far ahead as 30 years, industry leaders said Thursday. "We only have what
UDENNA Corp. defended on Thursday its acquisition of the controlling stake in the Malampaya deep-water gas-to-power project, saying similar transactions in the past never went through the same scrutiny nor were imposed the
PROFESSIONAL services and investment management firm Colliers said property market demand is likely to rise next year amid improving vaccination efforts, growing cash remittances, and expanding economic activities. In a news release on Thursday,