Workers at the assembly line of a factory in Malvar, Batangas in this file photo taken on Aug. 10, 2018. — REUTERS/ERIK DE CASTROPHILIPPINE FACTORY activity in January expanded at its fastest pace in nine months amid an increase in production and new orders, S&P
FREDERICK D. GO — PHILIPPINE STAR/RYAN BALDEMORBy Aubrey Rose A. Inosante, ReporterFINANCE SECRETARY Frederick D. Go said the government plans to spend P1.44 trillion this quarter as part of catch-up efforts to support the economy after last year’s growth slowdown.The planned first-quarter outlay under the
PHILSTAR FILE PHOTOFITCH SOLUTIONS unit BMI has kept its 2026 growth forecast for the Philippines despite the last year’s miss as it expects public and private investments to recover.BMI sees the Philippine economy expanding by 5.2% this year, unchanged from its earlier projection.“For now, we
Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. — COURTESY OF BANGKO SENTRAL NG PILIPINAS By Katherine K. Chan, ReporterDUMAGUETE CITY — The Philippines’ money market, particularly for repurchase agreement (repo) contracts, is growing rapidly and could potentially surpass the foreign exchange (FX) swaps,
A VIEW of buildings in Makati City. — PHILIPPINE STAR/MICHAEL VARCASMETRO MANILA’S condominium market is expected to see residential vacancy rise to 25% this year as unsold units in mid- and lower mid-income segments continue to weigh on the market, property consultancy firm Colliers
DMCIHOLDINGS.COMOFF-GRID POWER supplier DMCI Power Corp. (DPC) is earmarking at least P2.4 billion in capital expenditure (capex) for 2026 to start construction on power projects aimed at meeting rising demand in its service areas.Speaking to reporters last week, DPC President Antonino E. Gatdula, Jr. said
BW FILE PHOTOBy Aaron Michael C. Sy, ReporterTHE GOVERNMENT raised more than its programmed amount of Treasury bills (T-bills) at Monday’s auction as strong demand for short-term securities pushed yields lower, with investors factoring in weaker-than-expected economic growth ahead of the Bangko Sentral ng Pilipinas’
PAL to move turboprop flights from NAIA to provincial hubs - BusinessWorld Online PHILIPPINE STAR/EDD GUMBANPHILIPPINE AIRLINES (PAL) will shift its turboprop operations to hubs outside
STOCK PHOTO | Image by Katemangostar from FreepikTHE BANGKO Sentral ng Pilipinas (BSP) may issue regulations governing digital marketplace activities for banks and other central bank-supervised financial institutions in the first half, a senior official said, as the regulator moves to widen access to financial and
STOCK PHOTO | Image by Jcomp from FreepikVIVANT SOLENERGY Anilao Corp., a subsidiary of Vivant Energy Corp., is proposing a P6.2-billion hybrid solar farm in Anilao, Iloilo, to add renewable energy capacity to the Visayas grid.In its filing with the Department of Environment and Natural
BANATAO.COMDiosdado “Dado” Banatao, a Silicon Valley giant as the Founding Father of Personal Computer Hardware, was a most practical but quiet nationalist who deserves recognition as a Philippine hero in the global knowledge age. He may already be an international hero in an age where
THE physical CD edition of Filipino band Dilaw’s first full-length album, RARARA, is now available at indie vinyl record shop Backspacer Records in Pasig City.First released digitally in September under Warner Music, the album chronicles an emotional road trip that traverses pop and rock genres.