BW FILE PHOTO“Shit! Shit!” an American friend blurted as he recoiled at the sight of small kids rummaging through garbage along a dingy street in Metro Manila one evening some years back. True, the homeless walk the streets even of the most advanced economies, but
MSPECTRUM.COM.PHMSPECTRUM, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has energized a 33-kilowatt-peak (kWp) solar rooftop facility to power the water pumps of General Trias Water Corp. (GTWC).The project is designed to generate around 45,350 kilowatt-hours of clean energy per year, the
1 of 4LIMBAGA 77 Cafe Restaurant in the Morato section of Quezon City (its address is in its name) celebrated its 10th anniversary on Dec. 18, offering guests a gut-stretching Filipino buffet.It all started in 2014 when a group of diners were at Sct. Limbaga,
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits declined on Wednesday as Philippine inflation settled within target in December and in full-year 2024, which could open the door to further rate cuts this year.Demand for the central bank’s term deposit facility (TDF) amounted
Philippine Labor Force Situation - BusinessWorld Online THE UNEMPLOYMENT RATE in November dropped to its lowest in five months as businesses ramped up hiring ahead of
PHILIPPINE STAR/MIGUEL DE GUZMANBy raising its members’ contribution rate to 15% starting this January, the Social Security System (SSS) expects to extend its fund life by 28 years. In essence, the SSS claims it will have sufficient resources to provide benefits — such as pensions,
INDUSTRY.GOV.PHBy Christopher ConnollyTHE PHILIPPINES continues to be the global leader in the contact center industry, and if the country wants to retain this position for the next 10 years, urgently modernizing processes with the use of generative artificial intelligence (AI) and data is key.According to
MEGAWIDE.COM.PHSAAVEDRA-led Megawide Construction Corp. secured the approval of the Securities and Exchange Commission (SEC) for its planned capital increase.The SEC approved Megawide’s increase in total authorized capital stock to P5.180 billion from P5.116 billion on Jan. 7, the company said in a regulatory filing on
PHILIPPINE STAR/MIGUEL DE GUZMANBy Aaron Michael C. Sy, ReporterTHE INSURANCE industry is expected to perform better this year driven by the life sector, but the health maintenance organization (HMO) and pre-need industries could continue to face challenges.Finance Secretary Ralph G. Recto said the sector’s 2025
Job Gains by Industry - BusinessWorld Online THE UNEMPLOYMENT RATE in November dropped to its lowest in five months as businesses ramped up hiring ahead of
Two Asian countries have released their fourth quarter (Q4) 2024 GDP performance data: Vietnam’s GDP grew 7.55% and Singapore’s 4.3%. Vietnam’s full year 2024 growth was 7% and Singapore’s was 3.9%. All other major economies have not reported their Q4 data yet.This cements Vietnam as
Here’s a quick glance at how PSEi stocks fared on Wednesday, January 8, 2025.