Eggs are displayed at a shop in Sta Cruz, Manila. — PHILIPPINE STAR/EDD GUMBANA REACCELERATION of inflation is still the biggest headwind to the Philippines’ economic outlook this year, which may pose a risk to the central bank’s easing cycle, a Moody’s Analytics economist said.“The

A MEAT VENDOR waits for customers at a market in Manila. — PHILIPPINE STAR/EDD GUMBANTHE Department of Agriculture (DA) is finalizing the minimum access volume (MAV) quota for pork imports this month amid pressure from meat importers and traders.“The general direction for MAV will be

FINANCE SECRETARY Ralph G. Recto recently met with US Ambassador to the Philippines MaryKay L. Carlson. — DEPARTMENT OF FINANCE FACEBOOK PAGEECONOMIC MANAGERS expect ties between the Philippines and US to remain strong amid the Trump administration’s tariffs threats.“Generally, we see that the strong economic

TOKYO GAS Co., Ltd., Japan’s largest natural gas utility company, has completed its acquisition of a 20% equity stake in FGEN LNG Corp., the liquefied natural gas (LNG) terminal subsidiary of Lopez-led First Gen Corp.“This subscription will deepen our partnership and enhance synergy that will

MGEN Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), has energized its solar power plant in Bongabon, Nueva Ecija, which can generate 19.8 megawatts alternating current (MWac) of clean energy.The solar power project was completed at least six months ahead

PIXABAYPROPERTY DEVELOPERS in Metro Manila are unable to adjust condominium prices as inflation and supply chain issues keep costs high, according to real estate services firm Cushman & Wakefield.“Developers are grappling with increased input costs due to persistent global inflation and supply chain issues, exacerbated

GWENDAL Poullennec, international director of The Michelin Guide.SINCE late last year, the country’s culinary set has been abuzz with the rumor that the dining bible, The Michelin Guide, will soon include the Philippines in its coverage. The rumors are true: on Feb. 18 (Philippine Time),

MPIC CHAIRMAN, President, and Chief Executive Officer Manuel V. Pangilinan — BW FILE PHOTOMETRO PACIFIC INVESTMENTS Corp. (MPIC) sees double-digit profit growth for 2024, driven by its power business and other subsidiaries.“The numbers are looking good, driven by all of the subsidiaries. The outstanding example

CHEF Robby Goco strikes gold again with more praise for Greek cuisine —  we’d say “paean” but that’s a little bit on the nose — with his new restaurant, Elaia by Cyma.Opening just last December, the restaurant’s name comes from the Greek for “olive.” The

BW FILE PHOTOYIELDS on the term deposit facility (TDF) ended mixed on Wednesday after the central bank’s surprise decision to keep interest rates steady last week and as the two-week tenor was undersubscribed.The Bangko Sentral ng Pilipinas’ (BSP) term deposits fetched bids amounting to P203.552