Analysts' June inflation rate estimates - BusinessWorld Online HEADLINE INFLATION likely remained steady in June and settled within the central bank’s 2-4% target for a seventh

GEOMUNDO MUGWORT LINEUSED by Korean celebrities, K-beauty brand Round Lab is now in the Philippines, having been launched at Rockwell’s Balmori tent on June 26. During the event, the brand emphasized its use of natural ingredients found only in select regions in Korea.Round Lab’s Pine

Following the success of its previous editions, the Quezon City Government opened applications for Cohort 3 of Startup QC Professional Category.The program is designed to nurture the next wave of impactful startups propelling economic and innovation growth in the city.The StartUp QC Program on-boards early-stage

Remember Maharlika?I refer to the Maharlika Wealth Fund or Maharlika Investment Fund, now formalized in Republic Act No. 11954. It, especially its original version, was met with widespread and staunch opposition, forcing the proponents to retreat and make concessions.The proposal was eventually passed by both

AYALA-LED ACEN Corp.’s supply retail arm has signed a deal with the Asian Development Bank (ADB) to power the latter’ headquarters in Mandaluyong with 100% renewable energy (RE).ACEN Renewable Energy Solutions will power ADB’s facilities using renewable energy from its portfolio, including solar and wind

Singapore-based venture capital accelerator Accelerating Asia Ventures has officially opened applications for the 10th Cohort of its flagship accelerator program — a milestone achievement for one of the longest running regional accelerator-VCs.With a portfolio of over 80 startups, the flagship 100-day accelerator has helped many

THE PESO may continue to move sideways against the dollar this week as the market awaits the release of June Philippine inflation data.The local unit closed at P58.61 per dollar on Friday, strengthening by 14 centavos from its P58.75 finish on Thursday, Bankers Association of

PHILIPPINE SHARES may extend their climb this week after the Bangko Sentral ng Pilipinas (BSP) chief signaled that they could kick off their rate cut cycle as early as next month.On Friday, the benchmark Philippine Stock Exchange index (PSEi) rallied for a fifth straight day,

THE Department of Budget and Management (DBM) has asked underspending government agencies to file plans to bring their fund usage up to target over the remainder of the year, alongside a broader call for mid-year budget utilization reports and updates on major programs.“All implementing agencies

Image via IndustriALL Global Union/Flickr/CC BY-NC-ND 2.0By Chloe Mari A. HufanaEXPORTERS said July is “not a good time” to raise wages, citing the industry’s fragile state due to shipping and supply chain disruptions as well as the unfavorable geopolitical conditions for trade.“As we’ve been mentioning,

BUREAU OF CUSTOMS FACEBOOK PAGEBy Adrian H. Halili, ReporterSUGAR inventories are considered sufficient until the beginning of the milling season later this year, producers said, rejecting the need to import.Confederation of Sugar Producers Associations, Inc. (CONFED) President Aurelio J. Valderrama, Jr. said that the current

REUTERSBy John Victor D. Ordoñez, ReporterISRAEL companies, particularly startups, view the Philippines as a viable gateway to Southeast Asian markets, according to the Israeli Ambassador and the head of Israel’s economic mission in Manila.“Asia is a growing market, and Israeli companies are becoming more and