A tour guide wearing Spanish-era civil guard uniforms leads tourists on a heritage tour around Intramuros, Manila, June 28. — PHILIPPINE STAR/NOEL B. PABALATEBy Justine Irish D. Tabile, ReporterVISITOR ARRIVALS in the Philippines fell by 2.16% in the first 11 months, amid a decline in
INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.RAZON-LED International Container Terminal Services, Inc. (ICTSI) will invest R$948 million (around P10.3 billion) to expand and modernize its Rio Brasil Terminal at the Port of Rio de Janeiro, the company announced on Monday.The project, which will run until 2029, is
PHILIPPINE STAR/ MICHAEL VARCASMANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.The CSP aims to secure a four-year power
STOCK PHOTO | Image from FreepikWomen entrepreneurs have been flourishing in the Philippines. They continue to be innovative, resourceful, and able to break barriers. However, numerous challenges still stand in the way: digitalization, access to funds and markets, and multiple other hindrances. Data from the
BW FILE PHOTOBy Alexandria Grace C. MagnoJOLLIBEE FOODS Corp. (JFC) will redeem its $300-million guaranteed senior perpetual capital securities on Jan. 24, 2026, through its wholly owned subsidiary Jollibee Worldwide Pte. Ltd. (JWPL).The securities, originally issued on June 24, 2020, under the $300-million Guaranteed Senior
BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the yearend and following the US Federal Reserve and Bangko Sentral ng Pilipinas’ (BSP) policy decisions. The Bureau of
ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium enterprises (MSME) across the Philippines.Additional funders joined the Asian Development Bank’s (ADB) existing credit facility for Asialink through accession, the nonbank
PHILIPPINE ARMY FACEBOOOK ACCOUNT(First of three parts)THE PHILIPPINES is haunted — not by spirits, but by the ghosts of warnings ignored and promises broken. For decades, scientists and global institutions sounded the alarm: climate change would bring stronger storms, rising seas, and catastrophic floods. The
CEB expects double-digit passenger growth despite November dip - BusinessWorld Online CEBUPACIFICAIR.COMCEBU AIR, INC., the listed operator of budget carrier Cebu Pacific (CEB), expects double-digit growth
OVIALANDRESIDENTIAL developer Ovialand, Inc. plans to launch three mini-malls by next year as it seeks to diversify revenue streams and enhance services within its housing communities, its top executive said.“For 2026, we will start including commercial buildings in our capital expenditure so we can better
THE TobacOFF NOW! Film Festival, organized by Amber Studios and the Metro Manila Development Authority (MMDA), was launched on Dec. 13. This inaugural edition boasts films by 25 young Filipino filmmakers who are challenging tobacco and vape culture.All the festival films “offer powerful, eye-opening stories
The ongoing Philippines corruption scandal revolving around flood control and other projects in the Department of Public Works and Highways (DPWH) surfaced last July when prolonged habagat or southwest monsoon rains poured for over two weeks and flooded many provinces and cities in the country.This