THE PHILIPPINE ECONOMY expanded by a weaker-than-expected 5.2% in the fourth quarter, bringing full-year growth to below the government’s target amid subdued consumption and lower farm output. Data ...
THE PHILIPPINES has secured a $500-million policy-based loan from the Asian Development Act (ADB) that will fund the government’s labor market programs and reforms aimed at boosting job creation. The ...
THE PESO-DOLLAR exchange rate could breach the government’s assumptions from this year to 2026 amid expectations of slower rate cuts by the US Federal Reserve, the Bangko Sentral ng Pilipinas (BSP) ...
GOKONGWEI-LED JG Summit Holdings, Inc. said its petrochemicals unit, JG Summit Olefins Corp. (JGSOC), is now on an indefinite commercial shutdown amid “unfavorable global market conditions.” “Given ...
STUDIO CANTERO, a brand storytelling and production studio, announced its new name on Jan. 22. Studio Kamusta is now an expanded version, its new name signifying a broader reach helping brands tell ...
WEST ZONE concessionaire Maynilad Water Services, Inc. is leveraging artificial intelligence (AI) to enhance its water supply services by addressing pipe leaks, its chief operating officer (COO) said.
TERM DEPOSIT yields inched lower on Thursday on expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP) following slower-than-expected Philippine gross domestic product (GDP) growth ...
AYALA LAND, Inc. (ALI) said it is opening new malls this year with about 78,000 square meters (sq.m.) of retail space as the property developer banks on surging foot traffic. “We’re opening new malls ...
A HOUSE of Representatives committee may start discussing proposals seeking to provide media company ABS-CBN Corp. with a fresh 25-year franchise by next week, a congressman said on Thursday.
AN UNDERRATED gem from the many great films 2024 had to offer is Jesse Eisenberg’s A Real Pain, a frenetic but sincere look at a mismatched friendship between cousins. It’s a film that questions our ...
PACIFIC ONLINE Systems Corp. is acquiring a 37.5% stake in electronic gaming platform software and service provider HHR Philippines, Inc. (HHRPI) for P150 million to grow its online gaming presence.
FILIPINOS are concerned about their plans for retirement and are unable to actively prepare financially, a recent study conducted by The Insular Life Assurance Co., Ltd. (InLife) showed.