DENMARK’S Copenhagen Infrastructure Partners (CIP), a global investor in renewable energy infrastructure, expects its investment in the Philippines to reach $30 million (around P1.7 billion) by mid-next year.“Our intention until about mid-next year, when we expect the GEAP (green energy auction program) to take place,

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THE BANGKO SENTRAL ng Pilipinas (BSP) will not cut the minimum liquidity ratio (MLR) of thrift banks despite calls for its reduction from the sector. “The BSP recognizes the thrift banking industry’s valuable contribution to the country’s economic growth through its lending activities. Nonetheless, the BSP

PORTCALLS ASIA-UNSPLASHExport diversification has long been a strategy pushed to maximize space for our goods and services to grow, thus, in part generating more business and gainful jobs at home.This thrust has been a key push in the country’s export development plans, including the one

THE GOVERNOR’S Drive Interchange of the Cavite-Laguna Expressway (CALAX) has now reached 25% completion and is on track to be opened by the first quarter of 2025, MPCALA Holdings, Inc. said on Wednesday.“Despite the challenges faced in construction brought about by the recent typhoons, we

THANKS to the marriage of Bavaria’s King Ludwig I to Princess Therese of Saxe-Hildburghausen in 1810, Oktoberfest is now celebrated around the world. In as much as the festival, now synonymous to beer and other Bavarian gaieties, has become an annual tradition in Germany, Newport

BW FILE PHOTOYIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) declined on Wednesday following slower-than-expected headline inflation in August.Demand for the central bank’s term deposit facility (TDF) amounted to P218.169 billion on Wednesday, above the P200-billion offering. However, this was below

RAZON-LED Bloomberry Resorts Corp. targets to open its planned integrated resort in the Paniman area of Ternate, Cavite within the next five to ten years.“While the timeline has not been finalized, the Paniman development is definitely a project that the company is keen to develop

FREEPIKBy Aubrey Rose A. Inosante, ReporterBLOCKCHAIN TECHNOLOGY can help local businesses improve their resilience against data breaches and downtime caused by information technology (IT) outages, ICP Hub Philippines said. Blockchain is a digital ledger that records information across a network of computers. It stores data

BW FILE PHOTOTHE PHILIPPINE banking industry’s assets jumped by 12.24% year on year as of end-July, Bangko Sentral ng Pilipinas (BSP) data showed.Lenders’ combined assets increased to P25.93 trillion at end-July from P23.10 trillion a year prior, according to preliminary BSP data posted on its

1 of 5Mooncakes and cocktails at The PenGUESTS can indulge in Hong Kong mooncakes and Japanese cocktails at The Peninsula Manila — not at the same time, unless they want to that is. Guests can experience Tokyo’s elite cocktail culture when The SG Club —