INFRASTRUCTURE SPENDING jumped in April amid the continued implementation of projects. — PHILIPPINE STAR/MIGUEL DE GUZMANINFRASTRUCTURE SPENDING jumped in April amid the continued implementation of projects, the Department of Budget and Management (DBM) reported.Infrastructure and other capital outlays rose by 36.2% to P118.9 billion in
The Philippine central bank earlier warned that inflation could temporarily overshoot the 2-4% target until July amid base effects. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to stand pat for a sixth straight meeting
PHILIPPINE STAR/WALTER BOLLOZOSBy Justine Irish D. Tabile, Reporter THE PHILIPPINE PORTS Authority (PPA) will be increasing cargo handling fees by 16% at the Manila ports by August, the Philippine Exporters Confederation, Inc. (Philexport) said in a bulletin.According to Philexport, the increase was confirmed by PPA
Moody’s Analytics said the Philippines’ gross domestic product (GDP) growth is expected to average 5.9% this year. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE PHILIPPINES is expected to be the second-fastest growing economy in the Asia-Pacific (APAC) region this year, although expansion is “below potential,” Moody’s Analytics
MANUEL V. PANGILINAN — BW FILE PHOTOPANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) expects to generate P30 billion in yearly revenue from its toll road contract in Indonesia, which is expected to be signed this week, according to its chairman.“It is likely to be signed next
SHAKEY'S PHILIPPINES FACEBOOK PAGELISTED restaurant chain Shakey’s Pizza Asia Ventures, Inc. remains open but is “not actively looking” for possible acquisitions, as the company is focused on the growth of its current brand portfolio.“We’re not actively in search, but we will always remain open, and
UNSPLASHTWO units of the SN Aboitiz Power Group (SNAP) have signed a deal with the Regional Development Council of the Cordillera Administrative Region (CAR) to implement energy-funded projects.SNAP-Benguet and SNAP-Magat signed a memorandum of agreement with the council for projects under the Energy department’s Energy
Panasonic Manufacturing Philippines Corp. to hold virtual Annual Stockholders' Meeting on July 19 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify
PHILIPPINE STAR/ RYAN BALDEMORThe Philippines has too much politics, which impedes economic growth because our leaders engage in “politicking,” whether they be lawmakers in congress or local government officials, instead of solving the country’s problems. In contrast, countries that are better off than us have
SAN MIGUEL CORPORATIONSAN Miguel Corp. is likely to start the construction of its P95-billion Pasig River Expressway (PAREX) project next year or once the company gets an environmental compliance certificate (ECC), according to the Toll Regulatory Board (TRB).“San Miguel wrote that they would comply with
THE WATSONS Greener Store uses sustainable materials and fixtures, and utilizes energy-efficient lighting and appliances.WATSONS is turning a new leaf with the opening of its first greener store, located in San Pedro, Laguna.The wellness and beauty chain invited guests to a tour of the store
GENEVIEVE PERRON-MIGNERON-UNSPLASHThe title of this piece is bland. The reader might even get the impression that the column will be an instance of moralizing. If so, it would be moralizing against morality as the overarching framework to find the appropriate solutions to the world’s (or