THE ORTIGAS business district pictured on Nov. 9, 2021. — PHILIPPINE STAR/ MICHAEL VARCASTHE PHILIPPINE ECONOMY is expected to hit the government’s growth target this year, but the central bank sees slower expansion through 2024 due to the impact of high interest rates.In its latest

BW FILE PHOTOTHE PHILIPPINES slipped three places in a corruption index released by Global Risk Profile (GRP), which noted that financial aid programs during the pandemic created opportunities for corruption and bribery.In the Global Corruption Index 2022, the Philippines ranked 105th out of 196 countries

BW FILE PHOTOBy Joseph L. Garcia, ReporterAUDREY CRUZ was one of the many Filipinos who sold pans of sushi bake at the start of the coronavirus pandemic.She and her team have since transitioned to Mexican food with OnlyPans, and the small pandemic-born business now boasts

THE RECENT global economic outlook has become “gloomy and more uncertain,” according to the International Monetary Fund (IMF). As businesses bounce back from the pandemic, countries are facing shocks from Russia’s invasion of Ukraine, rising inflation and a global economic slowdown. A possible global recession

THE METRO Pacific Tollways group said it will not give up its original proponent status (OPS) for its unsolicited proposal to construct the 50.43-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEX) despite San Miguel Holdings Corp.’s Cavite-Batangas Expressway (CBEX) overlapping with the project.The group will not participate as a

COMPANY HANDOUTTHE FIRST Mitsukoshi in the Philippines had its soft opening last Friday, bringing the first department store in all of Japan to the country.Mitsukoshi Holdings Ltd. has its origins over 300 years ago in 1683 as a kimono fabrics store in Tokyo. According to

128 Nivel HillsSTA. LUCIA LAND, Inc. and its Cebu-based partners launched what they call a high-end, five-star development in Cebu City from which sales are expected to reach at least P8 billion.“Siguro pagbebentahan diyan not less than mga P7 [billion] pero, kasi may mga price

1 of 4DESPITE THE HIT that businesses of all stripes took because of the pandemic, there were admittedly some bright spots which kept the wheels of our economy moving. An area of note is the luxury segment, which ostensibly funneled the spending of not just

1 of 5PHILIPPE Charriol’s daughter, Coralie Charriol Paul, is out to make a name for herself in the jewelry business left behind by her father.The Charriol founder died in a race car accident in 2019. Since then, Ms. Charriol Paul has ascended to become Charriol

AYALA LAND, Inc. is planning to build a 1,500-square-meter (sq.m.) retail project in its estate in Lipa City, Batangas to kick start commercial operations in the development.“We’re already planning a small retail project in this area to basically activate the project. We’re looking at a

Chamber of Automotive Manufacturers of the Philippines, Inc. President Atty. Rommel Gutierrez — PHOTO FROM TOYOTA MOTOR PHILIPPINESAMID LINGERING global challenges in microchip supply and supply chain issues, vehicle sales continue to trend upward in the Philippines. The latest joint report by the Chamber of