MINIMART CHAIN Alfamart plans to expand its store network by adding at least 200 more stores in Luzon this year, the SM group announced on Wednesday.This expansion will further strengthen Alfamart’s growth, as it ended 2024 with a total of 2,400 stores nationwide, SM Investments
PHILSTAR FILE PHOTO/PIXABAYTHE PHILIPPINE digital economy is expected to remain robust this year amid the continued growth of the e-commerce and financial technology (fintech) sectors and increased adoption of artificial intelligence (AI) technologies, analysts said.“The Philippine digital economy is forecast to sustain robust growth in
MEGAWIDE.COM.PHTHE SECURITIES and Exchange Commission (SEC) has approved Megawide Construction Corp.’s public offering of up to P5.95 billion in preferred shares.In a media release on Wednesday, the SEC said its Commission En Banc authorized Megawide to offer 30 million Series 6 preferred shares, with an
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterTERM DEPOSIT YIELDS fell on Wednesday after the Bangko Sentral ng Pilipinas (BSP) further slashed the reserve requirements for banks and nonbanks.The BSP’s term deposit facility (TDF) attracted bids worth P194.816 billion, more than the P190 billion
PHILIPPINE STAR/ RUSSELL PALMACashless toll payments are in limbo. Newly appointed Transportation Secretary Vivencio Dizon has indefinitely suspended the mandatory transition to full cashless tollways by March 15, calling the plan “anti-poor.” Dizon told the media, “I think this cashless thing is torture, so I
STOCK PHOTO | Image by andrespradagarcia from PixabayFILIPINO BRANDS are expected to increase their use of generative artificial intelligence (GenAI) to boost customer visibility, according to the Boston Consulting Group (BCG).“In the Philippines, [GenAI] progress is a bit slower, but one area we anticipate will
DONNABEL KUIZON CRUZDONNABEL KUIZON CRUZ, president and chief executive officer of Prime Energy, has been elected chairperson of the Philippine Petroleum Association of the Upstream Industry (Oil & Gas), Inc. (PAP). “Together, we will continue advancing the responsible development of the country’s oil and gas
THE PHILIPPINE Deposit Insurance Corp. (PDIC) last year paid depositors P281.5 million in insurance after the central bank closed three banks.These were for Rural Bank of Cuyo (Palawan), Inc., Cooperative Bank of Bohol and Community Rural Bank of Medellin (Cebu), Inc., all of which are
Missed Opportunity for Scaling Up Carbon Removal in Europe: The Failure of the Clean Industrial Deal
Brussels, 26 February 2025: The European Commission has released its highly anticipated Clean Industrial Deal (CID) today, with the goal of aligning climate and competitiveness under one comprehensive growth strategy. While the CID has been praised for its focus on clean manufacturing and long-term policy
NHS Staying Well Service in Staffordshire Offers Life-Changing Chair Yoga Classes Funded by British Wheel of Yoga VolunteersStaffordshire, UK – People supported by the NHS Staying Well Service in Staffordshire now have the opportunity to experience the life-changing benefits of yoga through free chair yoga
Heathrow has revealed a record 83.9 million passengers passed through its four terminals last year, a 6 per cent increase on the previous period, boosting its pre-tax profits by nearly a third to £917 million in 2024.The update arrives just weeks after Chancellor Rachel Reeves
The British Chambers of Commerce (BCC) has warned that 8 in 10 UK companies will be forced to reconsider their future strategies when the proposed increase in employers’ national insurance contributions takes effect, bringing a “powder keg of costs” for businesses. In a recent poll, 82