PHILIPPINE STAR/ MICHAEL VARCASFOREIGN direct investment (FDI) is on track to exceed 2019 levels this year, with investors drawn in by reforms that have made the Philippines a more attractive investment destination, the Department of Finance (DoF) said.“FDI levels are seen to be on track
DEMAND for instant noodles is projected at 120 billion servings at least in 2025, according to the World Instant Noodle Association (WINA).“We are in the process of putting together the statistics for 2024 as we speak, but we are expecting the number to exceed that
A FAMILY of siganids fishers in Eastern Samar. — MARCIAL VILLANIA BOLENTHE Asian Development Bank (ADB) said sustainable fisheries and aquaculture are crucial to supporting coastal livelihoods and food security in the Philippines.“These key blue-economy sectors are vital for supporting coastal livelihoods and ensuring food
PHILSTAR FILE PHOTOTHE Sugar Regulatory Administration (SRA) said it will sign an agreement to establish a 40-hectare soil laboratory at Central Mindanao University (CMU) in Bukidnon.The memorandum of agreement for the proposed soil laboratory at CMU, a state university, could be signed by March, Director Pablo Luis S. Azcona
MARINE.HONDA.COMDEMAND for high-powered outboard motors in the Philippines is expected to grow alongside sustained growth in the economy, Honda Philippines, Inc. (HPI) said.HPI estimates the current market for high-powered outboard motors in the Philippines at around 2,000 units.“Given the economic growth and the country being
PHILIPPINE STAR/EDD GUMBANTHE Department of Agriculture (DA) is lowering the maximum suggested retail price (MSRP) for imported rice to P49 per kilo starting in March in selected cities.Agriculture Secretary Francisco P. Tiu Laurel, Jr. said that the new MSRP will apply to Metro Manila and
NATIONAL GRID Corp. of the Philippines (NGCP) said its successful outcome of its Singapore arbitration case serves as “vindication,” with a neutral third party affirming it has honored the terms of its concession agreement, specifically the restrictions on foreign ownership.“How will that affect us moving
PAGCORTHE Philippine Amusement and Gaming Corp. (PAGCOR) said it expects to generate up to P480 billion in gross gaming revenue (GGR) this year, led by the growing electronic games segment.In a briefing on Wednesday, PAGCOR Chairman and Chief Executive Officer Alejandro H. Tengco said GGR
Aston Martin Lagonda has pledged to turn a profit by 2025 – at least before paying interest on its ballooning debt – with Adrian Hallmark, its new chief executive, promising a fresh era of operational discipline and financial accountability after a period of mounting losses
Pursuing tax refunds in the Philippines can be complex, but the process rewards the meticulous. A recent ruling by the Court of Tax Appeals (CTA) sitting en banc underscores the intricate process involved in claiming tax refunds and highlights the importance of adhering to the
BW FILE PHOTOBy Aaron Michael C. Sy, ReporterTHE PESO appreciated against the dollar on Wednesday amid market caution due to uncertainty stemming from US President Donald J. Trump’s planned tariffs.It closed at P57.88 a dollar, five centavos stronger than its P57.93 finish on Tuesday, according
REUTERSBy Sheldeen Joy Talavera, ReporterPHILIPPINE shares rebounded on Wednesday after two straight days of decline as strong corporate earnings lifted investor sentiment.The bellwether Philippine Stock Exchange index (PSEi) advanced 1.33% or 80.8 points to close at 6,144.96. The broader all-share index gained 0.77% or 27.96