Onions are for sale at a supermarket in Quezon City, Jan. 16. — PHILIPPINE STAR/MIGUEL DE GUZMANHEADLINE INFLATION likely settled within the 7.5% to 8.3% range in January due to a rise in power and water rates, and higher pump prices, the Bangko Sentral ng

A woman fixes the display of Chinese lanterns at a mall in Manila. — PHILIPPINE STAR/EDD GUMBANTHE INTERNATIONAL Monetary Fund (IMF) kept its growth projection of 5% for the Philippines this year, even as it slashed the forecast for the ASEAN-5 grouping amid a looming

A Philippine flag flutters in the air at the Bonifacio Monument in Caloocan City in this file photo. — PHILIPPINE STAR/MICHAEL VARCASBy Kyle Aristophere T. Atienza, ReporterTHE PHILIPPINES saw its ranking improve one spot in a global corruption index by watchdog Transparency International, although its

Bank clients withdraw money from automated teller machines in Makati, Metro Manila, Aug. 2, 2016. — REUTERSBy Keisha B. Ta-asan, ReporterGROWTH in bank lending slowed in December, data from the Bangko Sentral ng Pilipinas (BSP) showed, reflecting the impact of higher interest rates. Outstanding loans issued

LOMBARDIA TOTAL of 14 groups have shown interest in the 165-megawatt Casecnan hydroelectric power plant in Nueva Ecija that the government plans to sell to the private sector, state-led Power Sector Assets and Liabilities Management Corp. (PSALM) said on Tuesday.Dennis Edward A. Dela Serna, president

MAKASSAR Port Container Terminal in Indonesia — ICTSI.COMLISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Tuesday that it had ended its operations at the Makassar Container Terminal in South Sulawesi, Indonesia.ICTSI and state-owned PT Pelabuhan Indonesia IV (Pelindo IV) have “mutually agreed”

THE Metropolitan Waterworks and Sewerage System (MWSS) said that a total of 222,221 customers of Maynilad Water Services, Inc. affected by the water service interruptions in areas served by the concessionaire’s Putatan water treatment plants will receive a rebate.In a virtual press briefing on Tuesday,

GLOBE Telecom, Inc. has completed pilot deployments of the first multi-beam, multi-band lens antenna technology aimed at improving customer service, the company announced on Tuesday.According to the company, the new solution was invented by MatSing Ltd. and implemented by IBMS Technology Phils. Corp. It provides

A SCREENSHOT from Mark Inducil’s Epiphany.AFTER one year online and another in a hybrid set up, Art Fair Philippines celebrates its 10th year with its return to The Link carpark in Makati City on Feb. 17 to 19.Last year, the fair’s nine-day physical exhibition at

RESIDENTIAL home developer Ovialand, Inc. exceeded its revenue target for 2022, recording a double-digit topline growth as its operations further expanded ahead of a planned maiden listing.In a press release on Tuesday, the company reported a 62% increase in full-year revenues to P1.35 billion from

THE NEWLY elected National Commission for Culture and the Arts (NCCA) chair, Victorino “Ino” Mapa Manalo, wants to focus on promoting arts and culture among the youth during his three-year term. Mr. Manalo was elected to his position by the NCCA Board of Commissioners — composed