A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERSPHILIPPINE MANUFACTURING activity in June expanded at its slowest pace in three months amid cooling demand, S&P Global said.The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI),

A WEAK PESO may cause the Bangko Sentral ng Pilipinas (BSP) to delay the start of its easing cycle, with a 50-basis-point (bp) cut in October at the earliest, Fitch Solutions’ unit BMI said.“Given that the peso has come under heavy pressure due to fluctuations

Rice is sold at a Kadiwa Store inside the Bureau of Plant Industry (BPI) in Malate, Manila, May 30, 2024. — PHILIPPINE STAR/EDD GUMBANTHE MARCOS ADMINISTRATION should ensure that the lower tariffs on imported rice will not result in a further decline in rice self-sufficiency,

LISTED property developer DoubleDragon Corp. (DD) has set the interest rate for its forthcoming 3.5-year retail bond offering at 8.008% per annum. “I personally believe that 2024 could be the very last year in my entrepreneurial journey that the retail public can participate with a retail

CREC.COM.PHCITICORE Renewable Energy Corp. (CREC) has formed a joint venture with SMC Global Light and Power Corp. (SGLP), the power arm of San Miguel Corp. (SMC), to build a 153.5-megawatt (MW) solar power plant in Mariveles, Bataan, the Saavedra-led solar power company said on Monday.CREC and

FREEPIKMETRO Pacific Tollways Corp. (MPTC) announced on Monday a “strategic investment cooperation” with its subsidiaries — PT Margautama Nusantara (MUN) and PT Metro Pacific Tollways Indonesia Services (MPTIS) — and its partner Singapore’s GIC Pte. Ltd. to acquire a 35% stake valued at approximately $1

DEL MONTE PACIFIC Ltd. (DMPL) on Monday said it saw a net loss of $127.3 million for the fiscal year ending April 2024, a reversal from the prior year’s net income of $16.9 million, primarily attributed to decreased gross profit.Looking ahead to fiscal year 2025,

CENTURY Pacific Food, Inc. (CNPF) said it has earmarked up to P5 billion as its capital expenditure (capex) budget for 2024, an increase from the previous year, aimed at boosting its coconut business. “Our 2024 capex budget is around P4 to P5 billion, which is a

AYALALAND.COM.PHAYALA LAND, Inc. (ALI) said it has started development on its Park Villas exclusive residential property in Makati City, expanding its portfolio in the premium residential sector.Located across Ayala Triangle Gardens, Park Villas will feature 45 villas, with each villa occupying an entire floor of

BRONTË H. LACSAMANABy Brontë H. Lacsamana, ReporterConcert ReviewOST Symphony: K-Drama in ConcertJune 29Manila Metropolitan TheaterANYBODY who is into Korean dramas, or K-Dramas, would have enjoyed OST Symphony: K-Drama in Concert, performed by the Philippine Philharmonic Orchestra (PPO) at the Metropolitan Theater in Manila.The PPO was

BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it auctioned off on Monday as average rates remained below secondary market levels amid strong demand and before the release of June inflation data.The Bureau of the Treasury (BTr) raised P20 billion