By Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) could slash rates by 50 basis points (bps) more this year, its governor said on Wednesday. BSP Governor Eli M. Remolona, Jr. told reporters the Monetary Board could implement two more rate cuts at

The National Government’s budget gap sharply narrowed to P54.2 billion in August. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE NATIONAL Government’s (NG) budget gap sharply narrowed in August as a double-digit jump in revenues offset a surprising dip in spending, the Bureau of the Treasury (BTr) said

People shop for affordable Christmas decorations at the Dapitan Arcade in Quezon City, Sept 21, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE ASIAN Development Bank (ADB) kept its economic growth forecasts for the Philippines at 6% this year and 6.2% for 2025, as moderating inflation and

By Kyle Aristophere T. Atienza, Reporter LEADERS of the Senate and House of Representatives on Wednesday assured the public that Congress could approve the proposed P6.352-trillion national budget for 2025 on time, despite political realignments and tension inside their backyards. At the same time, the two

The EY Entrepreneur Of The Year 2024 Philippines has concluded its search for the country’s most visionary leaders shaping opportunities and transforming industries. It is a program of the SGV Foundation, Inc., with co-presenters: the Asian Institute of Management, Department of Trade and Industry, Philippine

By Kenneth Christiane L. Basilio, Reporter THE HOUSE of Representatives approved on second reading late Tuesday a bill extending Manila Electric Co.’s (Meralco) franchise for another 25 years, acting on it four years before its current franchise expires. House Bill (HB) No. 10926, which extends Meralco’s operation

COMPANIES should not only embrace artificial intelligence (AI) but also ensure they have the right strategies and frameworks in place to use it effectively and ethically, according to Peter Maquera, chief executive officer of Microsoft Philippines. This approach is crucial for achieving significant business impacts like

AXELUM Resources Corp., a listed coconut product manufacturer and exporter, said its board has approved a share buyback program aimed at enhancing shareholder value.The buyback program will run for six months, commencing on Wednesday, Sept. 25, and concluding on March 24 of the following year,

THE PHILIPPINE Ports Authority (PPA) has started inviting interested parties to participate in the bidding for the expansion and restoration of Opol Port in Luyong, Misamis Oriental.The PPA is allocating P732.77 million for the project.The budget will be sourced from the agency’s corporate budget for

MWELL, the digital healthcare arm of Metro Pacific Investments Corp. (MPIC), is optimistic about its future growth as more Filipinos look for easy ways to access healthcare, its chief executive officer (CEO) said.“I would say that we are the pioneer in the integrated health and

MANG INASAL has worked with the Department of Tourism (DoT) to give tourists a special, limited time treat — a free halo-halo, the famous Filipino snack of sweet preserves served on crushed ice. This is a strategic decision on Mang Inasal’s part to introduce its