Rail fares will rise across England and Wales by an average of 3.8% on Tuesday, the same day that a city-wide tube strike begins in London. The fare rise, set by last July’s RPI inflation figure, will pile hundreds of pounds to some passengers’ annual travel
PHILIPPINE STAR/ MICHAEL VARCASTHE CONSUMER price index (CPI) likely rose within the central bank’s target range in February, but faced upward pressure from higher fuel and food prices, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said.February inflation likely settled within a projection band
By Luz Wendy T. Noble, ReporterCREDIT GROWTH in January accelerated to its fastest rate in 19 months, as banks began lending more to consumers amid the looser mobility restrictions in the country.This also reflected the quicker pace of liquidity growth during the month.Data from the
A GENERAL VIEW of the traffic along EDSA on Feb. 28, a day before the National Capital Region further loosens restrictions. — PHILIPPINE STAR/ MICHAEL VARCASBy Revin Mikhael D. Ochaveand Kyle Aristophere T. Atienza, ReportersBUSINESS GROUPS expect the Philippine economy’s recovery will get a “significant”
MANILA Electric Co. (Meralco) posted a 9.5% increase in core net income in the fourth quarter last year to P6.55 billion as energy sales volume surged, the country’s largest electricity seller said on Monday.In a media briefing, Meralco Chief Finance Officer Betty C. Siy-Yap said
SM Investments Corp. (SMIC) posted a 65% net income growth last year after seeing a surge in consumer spending as the country eased its pandemic restrictions amid the holiday season.In a disclosure to the exchange on Monday, the company said it logged a P38.5-billion net
SEMIRARAMINING.COMSEMIRARA Mining and Power Corp. (SMPC) reported its consolidated net income jumped by 393% to P16.2 billion last year on the back of “larger than expected” coal demand, the coal supplier and power generator said on Monday.In a disclosure to the exchange, SMPC said last
AYALA LAND, Inc.’s (ALI) real estate investment trust (REIT) unit AREIT, Inc. booked a P2.43-billion net income in 2021, the company said in a statement on Monday.The full-year income already takes into account the P165-million net fair value change in its investment properties. Excluding that
STAR MAGIC head Lauren Dyogi with the nine Kapamilya starsDESPITE all the difficulties of the last two years, ABS-CBN’s talent agency Star Magic is celebrating its 30th anniversary with new television programs, international collaborations, and star-studded events.Back in 1992, then Executive Vice-President and General Manager
MOTORCYCLE ride-hailing service JoyRide announced on Monday that it had received approval from the Land Transportation Franchising and Regulatory Board (LTFRB) to operate as a transport network company (TNC).“We are grateful that JoyRide Car is now one of the accredited 4-wheel TNC in the Philippines,”
SONIC the HedgehogTOKYO — Japan’s Sega Sammy Holdings, Inc. is hoping to ride the fast-moving coattails of Sonic the Hedgehog as the character enjoys a renaissance amid a global scramble for entertainment content.This year sees the release of a sequel to a record-breaking Hollywood movie
BW FILE PHOTOTHE BUREAU of the Treasury (BTr) rejected all Treasury bill (T-bill) bids on Monday even as the offer was oversubscribed as investors asked for higher rates.Bids for the T-bills the government offered on Monday were at P18.54 billion versus the BTr’s plan to