FREEPIKBy Luisa Maria Jacinta C. Jocson, ReporterPHILIPPINE ECONOMIC growth could weaken further next year, falling short of the government’s target amid an incomplete post-coronavirus disease 2019 (COVID-19) fiscal consolidation and still high interest rates, analysts said.Pantheon Macroeconomics in its Emerging Asia Outlook report said it

NINOY Aquino International Airport (NAIA) check-in counters. — BW FILE PHOTOBy Justine Irish D. Tabile, ReporterTHE PHILIPPINES should boost its hotel supply to accommodate an expected influx of foreign tourists after a law was passed letting them apply for a value-added tax (VAT) refund on

BW FILE PHOTOTHE ASSET QUALITY of Philippine banks is expected to improve in 2025, supported by strong economic expansion, loan growth and lower interest rates, Fitch Ratings said in a note on Thursday.“We expect nonperforming loan (NPL) ratio improvements across five out of 14 larger

IBV ACEN Renewables Asia is a joint venture between ACEN Renewables International Pte. Ltd., a unit of ACEN, and ib vogt (Singapore) Pte. Ltd. — ACENRENEWABLES.COMACEN Corp.’s joint venture, IBV ACEN Renewables Asia Pte. Ltd., has finalized the acquisition of a 49% stake in a

CEBUPACIFICAIR.COMCEBU PACIFIC is set to increase its monthly seat capacity to 2.9 million by January next year from 2.3 million currently, an airline official said.“We are starting to reach higher and go more global in promoting the Philippines — not just for domestic travel, but

TRANSMISSION CHARGES for the November billing period, which will be reflected in December’s bills, decreased due to a slight decrease in ancillary service (AS) costs, according to the National Grid Corp. of the Philippines (NGCP). The overall transmission rates decreased by 7.44% to P1.1966 per kilowatt-hour

1 of 5Ben&Ben featured on Times Square billboardAWARD-WINNING Filipino band Ben&Ben has achieved a new milestone, appearing on a Times Square billboard for Spotify. This high-profile feature is part of a campaign to promote their third studio album, The Traveller Across Dimensions. The band’s new

ABOITIZ Renewables, Inc. (ARI), the renewable energy arm of Aboitiz Power Corp. (AboitizPower), has energized its 173-megawatt-peak (MWp) Calatrava Solar Project in Negros Occidental.“Calatrava is our fifth energized solar facility and the largest capacity thus far in AboitizPower’s growing solar generation portfolio,” ARI President James

THE PHILIPPINE banking industry’s total assets rose by 9.8% year on year as of end-October, Bangko Sentral ng Pilipinas (BSP) data showed. Preliminary data showed banks’ combined assets increased to P26.41 trillion as of end-October from P24.04 trillion a year prior. Month on month, however, total

UNSPLASHPHILIPPINE sciences are being held back by shortcomings in infrastructure and the dearth of incentives, limiting the sector’s capacity to unlock jobs and investment, industry representatives said.“The limited career opportunities in the biopharmaceutical sector hinder the development of future scientists and experts, preventing them from

FREEPIKThe Boston Consulting Group (BCG)’s latest research, “The Filipino Dream,” paints an inspiring picture of what gets Filipinos going: the aspirational dream of financial security in health emergencies and entrepreneurial passion. These dreams manifest the long-enduring strength and creativity of Filipinos, especially when it involves