Homes of informal settlers are seen in Baseco, Tondo, Manila. — PHILIPPINE STAR/JOHN RYAN BALDEMORTHE PHILIPPINE government is confident it can bring down the poverty rate to single-digit levels by 2028.“While we lowered our growth targets, we remain optimistic about reducing poverty rates to single-digit
BIR to collect P360 billion in excise taxes in 2026 - BusinessWorld Online AN ILLUSTRATION picture shows cigarettes in their pack, Oct. 8, 2014. — REUTERS/CHRISTIAN
BW FILE PHOTOTHE Securities and Exchange Commission (SEC) said its new rules on crypto asset service providers (CASPs) do not ban cryptocurrency trading in the Philippines but require platforms to register to safeguard investors and uphold market integrity.“The CASP rules do not prohibit cryptocurrency trading
BW FILE PHOTOBy Ashley Erika O. Jose, ReporterTHE Bangko Sentral ng Pilipinas’ (BSP) order directing electronic wallet (e-wallet) platforms to remove in-app links to online gambling sites is expected to weigh on their earnings and could delay the planned initial public offering (IPO) of GCash,
PLDT resumes talks to sell stake in data center unit - BusinessWorld Online EPLDT.COMTELECOMMUNICATIONS company PLDT Inc. has resumed talks to sell a stake in its
BW FILE PHOTORATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could go down on monetary easing bets and as demand returns to normal following the end of the government’s public offering of five-year retail Treasury bonds (RTB).The Bureau of
MMDC CHIEF LEARNING OFFICER and Ayala Education Co-founder Derrick LatreilleBy Beatriz Marie D. Cruz, ReporterMAPÚA MALAYAN Digital College (MMDC) said it is expanding its micro-credential programs with courses in English proficiency and artificial intelligence (AI) to help Filipino workers address skills gaps in the technology-driven
1 of 3FOR THE FIRST time in quite a while, the weather was not just cooperative but almost embarrassingly perfect on race day for the final round of the Toyota Gazoo Racing (TGR) Philippine Cup 2025.It was neither hot nor rainy — two extremes that
1 of 10TWELVE DESIGNERS are going to Milan this year for a mentorship program, culminating in a three-day exhibition in Fondazione Sozzani in Milan from Sept. 23 to 25.The 12 delegates were announced in a press conference at Hotel Benilde in Manila on Aug. 11.
A farmer dries rice grains in Baliuag, Bulacan, Oct. 9, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALESTHE average farmgate price of palay (unmilled rice) fell 33.5% year on year in July to an average of P16.40 per kilo, the Philippine Statistics Authority (PSA) said. Month on month,
BW FILE PHOTOTHE PESO could continue to move sideways against the dollar this week as markets monitor developments at the US Federal Reserve as the Trump administration continues to pressure the central bank to cut interest rates.On Friday, the local unit closed at P57.065 per
JEROME CMG-UNSPLASHABOITIZ EQUITY VENTURES, INC. (AEV) regained its position as the country’s largest power producer this year, accounting for 23.86% of the national grid’s installed generating capacity, data from the Energy Regulatory Commission (ERC) showed.AEV recorded the highest installed generating capacity nationwide at 6,774 megawatts