A WORKER unloads sacks of rice on Dagupan Street in Manila, Feb. 27. The Department of Agriculture lowered the maximum suggested retail price (MSRP) of 5% broken imported rice to P49 per kilo, starting March 1. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson,

A US DOLLAR NOTE is seen in this illustration photo. The Philippines saw a $283.69-million net outflow of hot money in January. — REUTERSMORE FOREIGN CAPITAL continued to exit the Philippines, yielding a net outflow for a second straight month in January, according to the

MUHAMMAD RAUFAN YUSUP-UNSPLASHTHE DEPARTMENT of Information and Communications Technology (DICT) is expecting to deploy the second and third phases of the National Fiber Backbone by July.“We are actually ahead of schedule for the second and third phase because these are expected to be deployed sometime

From left to right: Eastern Communications’ (EC) AVP and Head of Marketing & Customer Experience Jed Estanislao, EC Product Manager Edwin De Jesus, EC CAN Planning & Engineering Head Rachelle Roque, EC Brand Communications Head Hannah Lazatin, and Contributing Editor of Asian Business Review, Simon

CAVITEX.PHBy Ashley Erika O. Jose, ReporterMETRO PACIFIC Tollways Corp. (MPTC) has deferred merger discussions with San Miguel Corp. (SMC) to focus on raising funds to pay down debt, its chairman said.“We deferred the discussion with them because MPTC is raising money. We have significant debts.

PHILIPPINE STAR/IRRA LISINGBDO UNIBANK, Inc. was one of the most actively traded stocks in the local market last week after disclosing its 2024 earnings and partnership with a Japanese bank.Data from the Philippine Stock Exchange showed that P2.94 billion worth of 19.83 million BDO shares

1 of 3AS LONG AS disco and Manila Sound live, Jose “Pitoy” Moreno, who died in 2018, will not be forgotten. His name and the quality of his clothes will live on through Hotdog’s song “Bongga Ka ’Day” (roughly translated: “You’re fabulous, sister”), which has

PHILSTAR FILE PHOTOD&L INDUSTRIES, Inc., a listed producer of specialty food ingredients and oleochemicals, is reducing its capital expenditure (capex) budget for 2025 as it focuses on minor expansions at its Batangas plant, its president said.“We are still making minor expansions, not as big as

By Zsarlene B. ChuaProduct ReviewShiseido’s new Ultimune SerumJAPANESE luxury skincare brand Shiseido is introducing a new formula to a tried-and-true classic, the Ultimune Power-Infusing Serum, as part of its refreshing of the company’s Ultimune line.The reformulated serum is now infused with the brand’s Power Ferment

BW FILE PHOTORATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week may inch down to track the broad decline in US Treasury yields amid worries over the world’s largest economy.The Bureau of the Treasury (BTr) will auction off

PHILIPPINE STAR/ WALTER BOLLOZOSTHE National Price Coordinating Council and Agriculture department should act to stabilize vegetable market prices, Speaker Ferdinand Martin G. Romualdez said on Sunday.The government should also collaborate with the private sector to formulate a “sustainable food pricing system” that will make vegetables