PEOPLE flock to Baclaran Market in Parañaque City. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, Senior Reporter THE INTERNATIONAL Monetary Fund (IMF) slashed its gross domestic product (GDP) growth projections for the Philippines from this year to the next, reflecting heightened global

REUTERSTHE PHILIPPINES has room to negotiate with the US to lower its reciprocal tariffs, Fitch Solutions’ unit BMI said, but added that trade tensions are still likely to weigh on economic growth.“For now, though, Washington has lowered the tariff rate to 10% for 90 days.

METRO MANILA’S economic output expanded by 5.6% in 2024, the statistics agency said. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE NATIONAL Capital Region’s (NCR) economic output expanded by 5.6% in 2024, the fastest pace in two years, the Philippine Statistics Authority (PSA) said on Tuesday.Preliminary PSA data

FREEPIKSECURING reliable and efficient power supply for the Philippines means finding the right technologies suited to the country’s demand, energy experts said.“I think we have enough supply. The thing is do we have the right technologies to provide that supply? Because when there’s a tight

MacroAsia Corp. to conduct virtual Annual Stockholders' Meeting on May 15 - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand

D&L Industries, Inc. to hold Annual Stockholders' Meeting virtually on June 2 - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their

D&L Industries, Inc. to hold virtual Annual Stockholders' Meeting on June 2 - BusinessWorld Online                                    Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their

ALLIANCEGLOBALINC.COMALLIANCE GLOBAL Group, Inc. (AGI) has set a P63-billion capital expenditure (capex) budget for 2025, lower than the P68 billion spent in 2024, following weaker performance that year, the company said on Tuesday.Of the total capex for this year, P50 billion is allocated to listed

LEADING THE CEREMONY ARE (L-R) representatives from AboitizPower’s Transition Business Group headed by COO for Operated Assets Ronaldo Ramos (5th); Agusan del Norte Vice-Governor Enrico Corvera (6th); Agusan del Norte Governor Maria Angelica Rosedell Malbas Amante (7th); Nasipit Mayor Roscoe Democrito Borja Plaza (8th); and

PHILSTAR FILE PHOTOSAN MIGUEL Corp. (SMC), through its wholly owned unit SMC MRT-7 Corp., has signed an operations and maintenance services deal with Korea Railroad Corp. (Korail) to fast-track the development of Metro Rail Transit Line 7 (MRT-7).“With all trains expected to be running and

BW FILE PHOTOE-WALLET giant GCash is preparing for a potential initial public offering (IPO), but the timing remains uncertain due to market volatility caused by new US tariffs under President Donald J. Trump, Globe Telecom, Inc. said on Tuesday.“The Liberation Day added a lot of

TOLEDO POWER CO. — MERALCOPOWERGEN.COM.PHBy Sheldeen Joy Talavera, ReporterMERALCO PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), has received confirmation from the Department of Energy (DoE) that its 1,273-megawatt (MW) coal-fired power plants are exempt from the 2020 coal moratorium.“We