By Ashley Erika O. Jose, ReporterPLDT Inc.’s plan to sell at least 49% of its data center business is expected to improve the company’s data center operations and its financial position, according to analysts.“The sale of a substantial stake in its data center business could

BW FILE PHOTORATES of Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week may decline after a Monetary Board member said the Bangko Sentral ng Pilipinas (BSP) could begin its easing cycle after the US Federal Reserve kicks off its own.The Bureau of

OCEANAGOLD Philippines, Inc. (OGPI) is poised for enhanced financial performance this year, buoyed by the upward trend in global gold and copper prices, the company’s president said. “The positive outlook for gold and copper definitely helps,” OGPI President and General Manager for External Affairs and Social

BRGFX-FREEPIKAs the world prepares to observe another World Whistleblowers Day on June 23, 2024, it’s imperative to reflect on the evolving dynamics of corporate accountability and the indispensable role whistleblowers play in unveiling wrongdoing. Amidst deliberations concerning corporate governance and transparency, the Philippines finds itself

FÊTE de la Musique is turning 30 in the Philippines. The global free music event from France has month-long activities that are ramping up to bring hundreds of artists to more than 100 stages nationwide.The music festival’s Philippine edition, simply known as FDLM or Fête

MAYNILAD Water Services, Inc. on Monday said it is working with MPower, the local retail supply arm of Manila Electric Co. (Meralco), to increase the use of renewable energy (RE) in its operations by 15%.“At Maynilad, we are committed to sustainable practices and reducing our

President Ferdinand R. Marcos, Jr. asked the Armed Forces of the Philippines to prepare as the country faces growing risks arising from Chinese aggression in the Taiwan Strait.  “The external threat now has become more worrisome. And that is why we have to prepare (for

THE TOTAL RESOURCES of the Philippine financial system grew to P31.531 trillion as of end-April, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.Resources of banks and nonbank financial institutions rose by 9.9% from P28.7 trillion in the same period a year ago.Meanwhile, month

1 of 7BLACKPINK’s Lisa announces solo comebackLISA (full name: Lalisa Manobal), one of the members of the iconic K-pop girl group BLACKPINK, has uploaded a content clip through her official TikTok account teasing her upcoming solo work. The new song, used as background music in

By Ashley Erika O. Jose, ReporterMPT Mobility Corp., the innovation arm of Metro Pacific tollways Corp. (MPTC), said its proposal to implement a “congestion fee” in Baguio City is currently being negotiated.“MPTC, the project proponent, is still currently undergoing negotiations with the city,” Mark Richmund

There are two good economic developments in the Philippines recently. Let’s go straight to the numbers.DECLINING DEFICIT AND BORROWINGSIn the first four months of 2024, revenues reached P1.47 trillion, 17% higher than P1.26 trillion a year earlier. This is significant for two reasons. One, a

THE OFFICE SPACE vacancy rate in Metro Manila is now projected to drop to 5.7% by 2027, driven by the growth of the information technology and business process management (IT-BPM) sector, according to real estate services and investment firm CBRE. This revised estimate is slightly higher