AN AERIAL VIEW of the floods in Calumpit, Bulacan on Aug. 1, 2023. — REUTERSBy Justine Irish D. Tabile, Reporter THE DEPARTMENT of Agriculture (DA) on Monday said palay (unmilled rice) production likely declined this year due to the damage caused by El Niño-induced

Workers unload sacks of rice in this file photo. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, ReporterTHE CONTINUED DECLINE in rice prices, which typically accounts for nearly half of overall inflation, is set to pave the way for further monetary easing, analysts said.“With

EMERGING MARKETS (EM) like the Philippines will be able to tap into debt markets and further cut rates amid improved liquidity conditions due to the US central bank’s easing cycle, Fitch Ratings said.“The turn of the global interest rate cycle, underlined by the US Federal

Planters Products, Inc. to hold Annual Stockholders' Meeting on Dec. 5 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify

IN THE THIRD quarter, the market saw an influx of 114,000 square meters of new office space. — BW FILE PHOTOTHE adoption of artificial intelligence (AI) among businesses, especially in the information technology-business process outsourcing (IT-BPO) industry, may slow the growth in demand for office

PHILSTAR FILE PHOTOALTERNERGY Holdings Corp. (ALTER) has injected capital amounting to P2.9 billion as of September to finance the ongoing construction of its two wind power projects and a solar power project.Broken down, a total of P1.5 billion has been infused into Alternergy Tanay Wind

LISTED Integrated Micro-Electronics, Inc. (IMI) trimmed its attributable net loss for the third quarter to $467,000 from $1.6 million a year ago, following rightsizing efforts and lower operating expenses. Revenue from July to September dropped by 19.2% to $275.21 million from $340.75 million last year, IMI

A DISPLAY for Hironos, an iconic Pop Mart designer toy character. — BRONTË H. LACSAMANATRENDING designer toy characters, now viral online among Filipinos, led to Pop Mart opening a pop-up store at SM Mall of Asia, Pasay City. The company behind the dolls and figurines

BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday amid strong demand and even as rates mostly went up on expectations of faster October inflation.The Bureau of the Treasury (BTr) raised P20 billion as planned from the

DITO CME Holdings Corp.’s board of directors has approved potential investment from Summit Telco Corp. Pte. Ltd., the listed holding company of DITO Telecommunity Corp. said. In a stock exchange disclosure on Monday, DITO CME said it had executed a subscription framework agreement for Summit Telco,

RAWPIXEL.COM/FREEPIKTransformative digitalization has been the buzz words in business operations these past years. With all the expert knowledge and successful cases, why do some businesses still seem to hit brick walls? By now, most companies should already have successful digitalized business processes and focus on

CREDIT RATINGS of Asia-Pacific banks are seen to remain stable until next year, S&P Global Ratings said, in line with its steady outlook for most sovereigns in the region. “Most sovereign ratings across Asia-Pacific are on a stable outlook, which, in part, underpins our view of