PHILIPPINE STAR/ MICHAEL VARCASBy Luisa Maria Jacinta C. Jocson, ReporterTHE BANKING INDUSTRY’S nonperforming loan (NPL) ratio soared to a near two-year high in May, data from the Bangko Sentral ng Pilipinas (BSP) showed.The Philippine banking industry’s gross NPL ratio rose to 3.57% in May from

People go shopping in Divisoria, Manila. — PHILIPPINE STAR/RYAN BALDEMORTHE PHILIPPINES may have difficulty achieving the upper end of the government’s 6-7% gross domestic product (GDP) growth target this year amid expectations of weaker consumption and investment, Fitch Solutions’ unit BMI said.“The economy will find

Various civil society and environment advocate groups are pushing for more affordable renewable energy sources. — PHILIPPINE STAR/ MIGUEL DE GUZMANBy Sheldeen Joy Talavera, ReporterTHE PHILIPPINES continues to depend on coal-fired power as it struggles to implement policies to boost renewable energy capacity, analysts said.Data

Allied Care Experts (ACE) Medical Center-Legazpi, Inc. announces Annual Stockholders’ Meeting on Aug. 1 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows

Divine Grace Medical Center (DGMC), a Mount Grace Hospital, proudly announces its recent partnership with the  Bureau of Fire Protection (BFP) – General Trias City Fire Station. This collaboration is a significant step towards ensuring access to a wide range of medical services, quality healthcare,

8990 Holdings, Inc. to conduct annual meeting of stockholders online on July 29 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify

1 of 2TEN Filipino comedic powerhouses unite in LOL: Last One Laughing Philippines, a series which premiered on July 4 on Prime Video. LOL is a six-part competition where the contestants face off in a showdown, with the goal to make others laugh without cracking

MERALCO.COM.PHBy Sheldeen Joy Talavera, ReporterTHE SUBSIDIARIES of First Gen Corp., San Miguel Global Power Holdings Corp. (SMGP), and Aboitiz Power Corp. (AboitizPower) have joined the firms interested in bidding for Manila Electric Co.’s (Meralco) 600-megawatt (MW) power supply contract.“This CSP (competitive selection process) for Meralco’s

1 of 2A PERFORMER who can sing, dance, and act exceptionally well is known as a triple threat. This year, three women in Philippine musical theater who are considered as such are the featured performers in the Cultural Center of the Philippines’ (CCP) aptly titled

BW FILE PHOTOBy Aubrey Rose A. InosanteTHE CYBERCRIME Investigation and Coordinating Center (CICC) on Thursday said the alleged compromised know-your-customer data files, reportedly linked to GCash, were found not to conform with the e-wallet’s naming protocols.“These files are not part of their naming protocols,” CICC

BW FILE PHOTOTHE US Federal Reserve’s expected policy easing towards the end of the year will help support the peso’s recovery against the dollar in the near term, Fitch Solutions’ unit BMI said.“The Philippine peso has weakened by nearly 6.2% year-to-date, emerging as one of

LISTED PROPERTY developer Cebu Landmasters, Inc. (CLI) reported fully selling out its Velmiro Heights horizontal project in Davao City, generating P2.7 billion in sales.The 362-unit property was fully sold out within two days, CLI said in a statement to the stock exchange on Thursday.Velmiro Heights