FINANCE SECRETARY Ralph G. Recto recently met with US Ambassador to the Philippines MaryKay L. Carlson. — DEPARTMENT OF FINANCE FACEBOOK PAGEECONOMIC MANAGERS expect ties between the Philippines and US to remain strong amid the Trump administration’s tariffs threats.“Generally, we see that the strong economic

TOKYO GAS Co., Ltd., Japan’s largest natural gas utility company, has completed its acquisition of a 20% equity stake in FGEN LNG Corp., the liquefied natural gas (LNG) terminal subsidiary of Lopez-led First Gen Corp.“This subscription will deepen our partnership and enhance synergy that will

MGEN Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), has energized its solar power plant in Bongabon, Nueva Ecija, which can generate 19.8 megawatts alternating current (MWac) of clean energy.The solar power project was completed at least six months ahead

PIXABAYPROPERTY DEVELOPERS in Metro Manila are unable to adjust condominium prices as inflation and supply chain issues keep costs high, according to real estate services firm Cushman & Wakefield.“Developers are grappling with increased input costs due to persistent global inflation and supply chain issues, exacerbated

GWENDAL Poullennec, international director of The Michelin Guide.SINCE late last year, the country’s culinary set has been abuzz with the rumor that the dining bible, The Michelin Guide, will soon include the Philippines in its coverage. The rumors are true: on Feb. 18 (Philippine Time),

MPIC CHAIRMAN, President, and Chief Executive Officer Manuel V. Pangilinan — BW FILE PHOTOMETRO PACIFIC INVESTMENTS Corp. (MPIC) sees double-digit profit growth for 2024, driven by its power business and other subsidiaries.“The numbers are looking good, driven by all of the subsidiaries. The outstanding example

CHEF Robby Goco strikes gold again with more praise for Greek cuisine —  we’d say “paean” but that’s a little bit on the nose — with his new restaurant, Elaia by Cyma.Opening just last December, the restaurant’s name comes from the Greek for “olive.” The

BW FILE PHOTOYIELDS on the term deposit facility (TDF) ended mixed on Wednesday after the central bank’s surprise decision to keep interest rates steady last week and as the two-week tenor was undersubscribed.The Bangko Sentral ng Pilipinas’ (BSP) term deposits fetched bids amounting to P203.552

IRRI.ORG(First of two parts)There is a risk, as one keeps track of the country’s macroeconomic health, of being jaded about agriculture’s consistently dismal performance, a result of decades of policy missteps.The farm sector’s trajectory has always been sub-par compared to services and industry, even if

BW FILE PHOTOFOOD AND BEVERAGE manufacturer Monde Nissin Corp. said it expects to report a return to profitability for full-year 2024.“Despite these challenges, both the impairment and the mark-to-market loss, we expect our consolidated reported net income after tax to return to positive territory for

BANKCOM.COM.PHBANK of Commerce (BankCom) raised P18 billion from its offering of dual-tranche peso-denominated bonds.The issuance was the bank’s largest to date as the total amount raised was 3.6 times the minimum offer size of P5 billion, BankCom said in a disclosure to the stock exchange

FREEPIKOn Tuesday, the Philippine Star ran a story from Palawan quoting Bureau of Corrections (BuCor) chief Gregorio Catapang, Jr. as saying that his office was considering home imprisonment for offenders convicted of lesser offenses. He noted that this system was already being implemented in other