BW FILE PHOTOTHE Luzon grid may experience yellow alerts in May and red alerts in June, with power supply margins tightening in the event of forced outages at baseload power plants, according to the Institute for Climate and Sustainable Cities (ICSC).The ICSC said in a
PHILIPPINE STAR/WALTER BOLLOZOSTHE economy grew by a revised 5.7% in 2024, against 5.6% as initially reported, the Philippine Statistics Authority (PSA) said on Thursday.It said the new estimate is more in line with international reporting practices.GDP growth in 2024 outpaced the 5.5% expansion in 2023
PHILSTAR FILE PHOTOTHE Department of Information and Communications Technology (DICT) said it sees as its priority the growth of the digital economy, while also improving the SIM (subscriber identity module) registration process.“We’ll just continue the good work that the department’s been doing,” the department’s newly
THE Department of Agriculture (DA) said Philippine Postal Corp. (PHLPost) has agreed to host more stores selling subsidized produce at its locations.In a briefing on Thursday, Postmaster General Luis D. Carlos said 61 post offices will host Kadiwa ng Pangulo stores this year, after six
PHILIPPINE STAR/ MICHAEL VARCASPRICE GROWTH of wholesale goods remained steady in February the Philippine Statistics Authority (PSA) reported on Wednesday.Citing preliminary data, the PSA said the general wholesale price index (GWPI) that month was unchanged at 2.9% year on year compared to January. The year-earlier
The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE SHARES ended lower on Thursday to join other global markets that reeled following the Trump administration’s announcement of reciprocal tariffs on the US’ trading partners.The Philippine Stock Exchange index (PSEi)
PHILSTAR FILE PHOTOTHE PESO surged to a near six-month high on Thursday as the dollar weakened due to global growth concerns after the Trump administration announced sweeping tariffs on imports.The local unit closed at P57.095 per dollar on Thursday, rising by 12 centavos from its
President Donald Trump’s sweeping new tariffs on global imports — including a 10% charge on all UK goods — have triggered fears of a global trade war, with wide-ranging implications for UK consumers, investors and businesses. While the UK’s tariff rate is lower than that faced
CHINA’S Liaoning aircraft carrier takes part in the “Joint Sword-2024B” military drills east of Taiwan in this screenshot from a handout video released by the Chinese People’s Liberation Army (PLA) Eastern Theatre Command on Oct. 14, 2024. — PLA EASTERN THEATRE COMMAND/HANDOUT VIA REUTERSBy Kenneth
PHILIPPINE STAR/WALTER BOLLOZOSBy John Victor D. Ordoñez, ReporterTHE potential purchase of F-16 jets by the Philippines from the US is not meant to harm the interests of any nation including China, a Philippine security official said on Thursday.National Security Council spokesman Jonathan E. Malaya assured
Jinggoy pork barrel cases to proceed - BusinessWorld Online PHILSTAR FILE PHOTOTHE PHILIPPINES’ anti-graft court has rejected Senator Jose “Jinggoy” Ejercito Estrada’s motion to dismiss his
PRESIDENT Ferdinand R. Marcos, Jr. spoke at the ceremonial signing at Malacañan Palace of a joint circular for the establishment of P1 billion worth of child development centers in low-income parts of the country. — PPA POOL/MARIANNE BERMUDEZPRESIDENT FERDINAND R. MARCOS, JR. on Thursday ordered