Shoppers are seen buying school supplies in Divisoria, Manila. — PHILIPPINE STAR/RYAN BALDEMORBy Aubrey Rose A. Inosante, ReporterTHE PHILIPPINE ECONOMY expanded at a slightly faster pace in the second quarter, driven by strong agriculture production and an uptick in consumption, the statistics agency said on

THE PHILIPPINES’ 50 richest tycoons increased their combined wealth by 6% to over $86 billion (around P4.92 trillion) this year, with nearly half of those on the list now wealthier than a year ago, according to Forbes Asia.“Buoyed by domestic demand and an uptick in

PHILSTAR FILE PHOTOTHE PHILIPPINES’ gross international reserves (GIR) slipped in July amid lower gold prices and as the government paid back more of its foreign debt, preliminary data from the central bank showed.The Bangko Sentral ng Pilipinas (BSP) on Thursday reported that dollar reserves dipped

The 326-room Courtyard by Marriott in Iloilo will be consolidated under Megaworld Hotels & Resorts portfolio this year. — MEGAWORLD CORPLISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels by 2030 as part of

HANN CASINO — HANN HOLDINGS INC.HANN HOLDINGS, Inc., the operator of the Hann Casino Resort in Clark, said it does not expect any delays to its planned P13-billion initial public offering (IPO).“We don’t see any risk that is going to push back (the IPO),” Hann

CREC taps P4.4-B Security Bank loan for 125-MW solar farm - BusinessWorld Online                                    CREC.COM.PHLISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion

1 of 2SOUTH KOREAN tech brand LG has officially launched its latest audio lineup, xboom, which features artificial intelligence (AI) smart sound, with nine-time Grammy winner will.i.am steering its creative direction.Xboom officially dropped its first beat on Tuesday. In the lineup are the LG xboom

The Bifrost Cable System is the first trans-pacific system in over two decades that traverses a new route between the United States (California and Oregon), Guam and Southeast Asia via Indonesia, Singapore, and the Philippines — enabling ultra-low latency and high-capacity bandwidth essential for today’s

MANNY JACINTO TWENTY-TWO years after the 2003 Disney Movie classic Freaky Friday comes an unexpected yet delightful surprise for adults who are still teens-at-heart — the sequel, titled Freakier Friday.There’s another draw to the film for Filipinos. One of its stars is the heartthrob Filipino-Canadian

THE WAVE TOWERS — CEBU LANDMASTERS, INC.LISTED property developer Cebu Landmasters, Inc. (CLI) has signed a P3-billion sustainability-linked notes facility to fund its upcoming real estate developments, it said on Thursday.The sustainability-linked notes will have tenors of seven and 10 years from their

MAYA GROUP PRESIDENT and Maya Bank Co-Founder Shailesh Baidwan — MAYA GROUP MAYA GROUP expects to remain profitable this year as its digital bank continues to roll out more products to tap different market sectors. “We became profitable in December, and we continue to be