China Launches Investigation into EU Pork Imports in Retaliation for Tariffs on Electric CarsThe Chinese government has announced that it will be launching an investigation into imports of pork for human consumption from the European Union (EU). This move is seen as a retaliatory measure
Former WANdisco CEO to Lead AI Company Focused on Consumer Goods IndustryDavid Richards, the former boss of data software group WANdisco, is set to return to London’s public markets as the chairman of IntelliAM, an artificial intelligence company. The company is expected to list on
Money sent home by overseas Filipino workers jumped by 3.1% in April. — REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterCASH REMITTANCES from overseas Filipino workers (OFWs) rose by 3.1% year on year in April, the Bangko Sentral ng Pilipinas (BSP) said on Monday.Data from the
A Philippine flag is being hoisted at the Rizal Monument in Manila. — PHILIPPINE STAR/EDD GUMBANTHE BOARD of Investments (BoI) on Monday said it approved P27.41 billion worth of investment pledges in May, down 23% from the P35.7-billion pledges approved a year ago. In a
BW FILE PHOTOBy Revin Mikhael D. Ochave and Sheldeen Joy Talavera, ReportersCOMPANIES might be reluctant to go public in the second semester amid persistent inflation, high interest rates, peso weakness and lackluster trading volumes at the stock market, analysts said.This puts in doubt whether the
Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BPS) is expected to deliver fewer rate cuts later this year as the US Federal Reserve is likely to delay its own policy easing.“The BSP may begin its own
Medical Doctors, Inc. to conduct virtual Annual Meeting of Stockholders on July 16 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify
@WILCONDEPOT.PHWILCON Depot, Inc., a publicly listed retailer specializing in home improvement and construction supplies, has set aside a capital expenditure (capex) budget of up to P2.2 billion for this year. This allocation comes as the company moves closer to achieving its goal of opening 100
By Ashley Erika O. Jose, ReporterPLDT Inc.’s plan to sell at least 49% of its data center business is expected to improve the company’s data center operations and its financial position, according to analysts.“The sale of a substantial stake in its data center business could
BW FILE PHOTORATES of Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week may decline after a Monetary Board member said the Bangko Sentral ng Pilipinas (BSP) could begin its easing cycle after the US Federal Reserve kicks off its own.The Bureau of
OCEANAGOLD Philippines, Inc. (OGPI) is poised for enhanced financial performance this year, buoyed by the upward trend in global gold and copper prices, the company’s president said. “The positive outlook for gold and copper definitely helps,” OGPI President and General Manager for External Affairs and Social
BRGFX-FREEPIKAs the world prepares to observe another World Whistleblowers Day on June 23, 2024, it’s imperative to reflect on the evolving dynamics of corporate accountability and the indispensable role whistleblowers play in unveiling wrongdoing. Amidst deliberations concerning corporate governance and transparency, the Philippines finds itself