January 10, 2025
Dragons’ Den star Sara Davies retakes Crafter’s Companion reins amid pre-pack rescue
Sara Davies, the Dragons’ Den entrepreneur, is set to regain control of Crafter’s Companion, the craft supply business she founded, through a fast-tracked pre-pack insolvency deal. The company, which gained international acclaim for its paper craft, art, and sewing products, filed a notice of intention to appoint administrators at the High Court following a fall […]
January 10, 2025
Philippines eyes adoption of Global Minimum Tax
The Philippines is making strides toward adopting the Global Minimum Tax (GMT), an international tax standard designed to curb revenue losses and foster fair competition. In a significant discussion yesterday, the Senate Ways and Means Committee and the Organisation for Economic Co-operation and Development (OECD) explored how the country can align itself with this global […]
January 10, 2025
A brighter 2025 for Filipinos: SM Prime evolves with renewable energy
SM North EDSA is operational with a 1.5-MWp solar energy system since 2014. Imagine a world powered by the sun, the ultimate source of life. As climate change worsens due to fossil fuel use, sustainable energy alternatives are more crucial than ever. The Philippines, with its abundant sunlight, is uniquely positioned to harness solar power […]
January 9, 2025
Creating unforgettable flying experiences for families with Emirates
Traveling as a family is an opportunity to create cherished memories, foster deeper connections, and experience the joy of shared adventure. According to Booking.com, 62% of families prioritize quality time together during their travels, while 58% seek relaxation. Recognizing these priorities, Emirates has dedicated itself to providing tailored services and amenities that ensure a seamless […]
January 9, 2025
Trade deficit narrows in November
ICTSI By Lourdes O. Pilar, Researcher THE PHILIPPINES’ trade deficit in November narrowed to its smallest in three months, as exports and imports both declined, data from the statistics office showed. Preliminary data from the Philippine Statistics Authority (PSA) showed the country’s trade-in-goods balance — the difference between exports and imports — stood at a […]
January 9, 2025
Philippine central bank still has room to ease — Remolona
Buildings are seen from Mandaluyong City, Aug. 17, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE central bank still has room to continue cutting interest rates, its top official said. “At this point, I can tell you we’re still in restrictive territory compared to what we think the […]
January 9, 2025
BSP eyes ‘subscription’ model instead of zero transaction fees
DAVID DVORACEK-UNSPLASH THE BANGKO SENTRAL ng Pilipinas (BSP) is studying the possibility of implementing a “subscription” model for small electronic fund transfers such as e-wallet payments to replace transaction fees. “Because of what we call network externalities, there should be a subscription fee, which is fixed rather than a fee per transaction,” BSP Governor Eli […]
January 9, 2025
Filipino engineers gearing up for nuclear-powered future
FREEPIK By Sheldeen Joy Talavera, Reporter WHILE the Philippines is advancing in conventional and renewable energy development, some power companies are also preparing for the country’s nuclear energy future by developing local expertise. Kenneth S. Tulagan, a 29-year-old distribution engineer at Manila Electric Co. (Meralco), is part of this effort. Mr. Tulagan graduated with a […]
January 9, 2025
Meralco sees lower generation charge for January
THE GENERATION CHARGE usually makes up more than 50% of the monthly electricity bill. — PHILIPPINE STAR/JESSE BUSTOS POWER distributor Manila Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the January billing cycle due to lower electricity prices at the spot market, a company official said on Thursday. […]
January 9, 2025
Higher LRT-1 fares likely by April
LRT-1 CAVITE Extension Phase 1 — ARJAY L. BALINBIN By Ashley Erika O. Jose, Reporter COMMUTERS will likely pay higher fares on the Light Rail Transit Line 1 (LRT-1) by April as the Transportation department is expected to decide on the private operator’s fare adjustment within 30 days. The Rail Regulatory Unit (RRU) of the […]
January 9, 2025
Megawide bags Cavite BRT contract
MEGAWIDE.COM.PH MEGAWIDE Construction Corp. has secured the contract to construct and develop the P1.87-billion Cavite Bus Rapid Transit (BRT) project. “Megawide Construction Corp. formally received the notice of award dated 26 December 2024 from the Office of the Provincial Governor of the Province of Cavite,” Megawide told the stock exchange on Thursday. The P1.87-billion Cavite […]
January 9, 2025
Movie musical tackles Filipino faith amid struggles
CAST OF Nasaan si Hesus? (L-R): Rachel Gabreza, Jeffrey Hidalgo, Geneva Cruz, Rachel Alejandro, Lourdes “Bing” Pimentel, Dennis Marasigan, Marissa Sanchez, and TJ Ramos. THIS YEAR, Nasaan si Hesus? (Where is Jesus?), a musical first staged in the mid-2000s, is given new life as a movie just in time for election season. Produced by Balin […]
