US dollar banknotes are seen in this illustration taken July 17, 2022. — REUTERSDOLLAR OUTFLOWS rose in February, driving the balance of payments (BoP) position to its biggest deficit in five months, on the back of foreign loan payments and a wider trade gap, the

The full moon rises behind the condominium buildings in Manila, March 8, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMANMOODY’S ANALYTICS slashed its growth projection for the Philippine economy to 5.7% this year, as household consumption is seen to weaken due to elevated inflation and rising interest

A mural depicting a construction worker is seen in Manila. — PHILIPPINE STAR/ KRIZ JOHN ROSALESA LABOR COALITION on Tuesday asked the regional wage board to increase the daily minimum wage in Metro Manila to P1,100 to help workers cope with the rising prices of

THE FAILURE of the government to resolve the value-added tax (VAT) zero-rating issue will have a detrimental impact on the growth of key export sectors such as information technology and business process management, electronics, and garments, according to business groups. The IT and Business Process

A man’s private issues might be taken for granted until he is troubled in the middle of the night — whether in the bathroom or the bedroom. But, as Dr. Ronny Tan of Mount Elizabeth Hospital in Singapore shares, there is no shame in being aware of

BW FILE PHOTOINFORMATION technology retailer Upson International Corp. is set to offer its shares in an initial public offering (IPO) that could raise up to P1.95 billion for its store network expansion.In its final prospectus released on Tuesday, the company said it plans to sell

CASECNAN Irrigation and Power Generation Project Rizal, Nueva Ecija — RAMON FVELASQUEZ/ COMMONS.WIKIMEDIA.ORGSTATE-led Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed the number of qualified bidders for the government’s 165-megawatt (MW) Casecnan hydroelectric power plant in Nueva Ecija to seven companies.“We have recently gone

PLDT Inc.’s acquisition of Sky Cable Corp. is seen to increase the listed telco’s broadband revenue market share up to 48% with the addition of the target firm’s 2-3% share, CreditSights said.In a report, CreditSights said that the acquisition will help PLDT maintain a comfortable

LOPEZ-led First Gen Corp. said its unit had signed an agreement with the Department of Environment and Natural Resources (DENR) for the development of a 120-megawatt (MW) pumped-storage hydroelectric facility in Pantabangan, Nueva Ecija.“This is one of our most crucial permits. We are thrilled to

1 of 7By Giselle P. KasilagTHE HUMAN body is replete with marks and scars that tell the stories of our lives. But in the artistic hands of Julie Lluch, it is a bountiful canvas of a nation’s history. “Chronicles on Skin,” her latest exhibition at Galerie

KIA PHILIPPINES officially launched its new local battery electric vehicle offering called EV6 compact crossover on Monday, signaling its entry into the domestic EV market.Manny A. Aligada, Kia Philippines president, said during the launch in Makati City on Tuesday that the new EV6 GT-Line would

AMAURI MEJÍA /UNSPLASH MANILA is among the worst cities for individuals working in the creative sector, according to the website Business Name Generator (BNG).In a report dated Feb. 9, BNG said that the city of Manila is among the bottom 10 cities for creatives based on