November 29, 2024
Trump re-election predicted to boost UK with $33 billion in Chinese investment
Donald Trump’s re-election as President of the United States could lead to a significant shift in Chinese investment, with a potential $33 billion “up for grabs” for the UK, according to leading UK-based venture capital firm Fuel Ventures. The firm believes that the changing dynamics in US leadership will encourage Chinese investors to look beyond […]
November 29, 2024
Elevate your skin care routine with Alavida Revive Eye Cream
Alavida Revive Eye Cream was launched via Zoom on Nov. 6, 2024. Alavida Revive Eye Cream is now in the Philippines! At their recent product launch, life technology company Lifewave International, Inc. introduced the newest addition to their Alavida Regenarating System, formulated to give special care to the skin in the eye area. Infused with […]
November 29, 2024
BSP sees November inflation at 2.2-3%
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter Headline inflation may have accelerated in November but still remained within the 2-4% target band, the Bangko Sentral ng Pilipinas (BSP) said. The central bank’s month-ahead forecast showed that inflation likely settled within the 2.2%-to-3% range in November, slower than the 4.1% print in […]
November 29, 2024
NEDA says 2024 growth target ‘still achievable’
Workers assemble a parol in Las Piñas City. — Photo by Ryan Baldemor, The Philippine Star The Philippines can still achieve its 6-7% gross domestic product (GDP) growth target this year, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said on Friday. “We remain optimistic about the fourth quarter economic performance. Holiday spending, […]
November 29, 2024
Pioneer anchors Platinum Year milestone to its enduring culture and values
Pioneer Insurance, a trusted insurance company, commemorates seven decades of being a pillar in the industry and reinforces its commitment to embody its culture and values in serving the Filipino. As part of its Platinum Year activities, Pioneer Insurance Group Head Lorenzo Chan, Jr. proudly welcomed visitors to its refreshed Culture and Values Exhibit. “We […]
November 28, 2024
Trade figures reveal UK’s challenge to boost economic growth
The UK government is committed to kickstarting the nation’s economic growth, but recently released trade figures from HM Revenue & Customs (HMRC) indicate a substantial journey ahead, according to leading audit, tax, and business advisory firm Blick Rothenberg. Simon Sutcliffe, Customs & Excise Duty Partner at the firm, commented: “Trade statistics for 2023, published by […]
November 28, 2024
Gambling Commission seeks settlement with Richard Desmond over £200m lottery licence dispute
The UK’s Gambling Commission is preparing to settle a £200 million legal claim from media mogul Richard Desmond regarding the awarding of the National Lottery licence, aiming to resolve a dispute that has hindered technological upgrades. The UK’s gambling regulator is reportedly moving to settle a £200 million damages claim filed by media tycoon Richard […]
November 28, 2024
PSE sets P120-billion capital target
Increased stock market activity is seen in 2025 as financial conditions become relatively looser. — COSTFOTO/NURPHOTO VIA REUTERS CONNECT By Revin Mikhael D. Ochave, Reporter THE Philippine Stock Exchange (PSE) is aiming to raise P120 billion in capital next year as it anticipates increased market activity. “This year, we have P79 billion in capital raising. […]
November 28, 2024
Debt-to-GDP ratio unlikely to return to pre-pandemic level
REUTERS THE PHILIPPINES’ debt-to-gross domestic product (GDP) ratio is unlikely to return to the pre-pandemic level as debt remains elevated in the medium term, the Bureau of the Treasury (BTr) said. But the National Government’s (NG) medium-term fiscal consolidation plan will make sure it can continue to invest in its economic priorities while keeping debt […]
November 28, 2024
‘Business as usual’ for Cabinet amid political tensions, says Balisacan
The Philippine government is focused on upgrading infrastructure, boosting the country’s resiliency in the face of climate change, and diversifying its economy, the National Economic and Development Authority said. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Kyle Aristophere T. Atienza, Reporter THE NATIONAL Economic and Development Authority (NEDA) on Thursday said rising political tensions in the […]
November 28, 2024
PHL banking industry deposits hit P19.6 trillion
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE BANKING system’s total deposits hit P19.58 trillion as of end-September, data from the Bangko Sentral ng Pilipinas (BSP) showed. The banking sector’s total deposits rose by 7% from P18.29 trillion recorded in the same period a year ago. The number of deposit accounts […]
November 28, 2024
From Gastronomic Delights to Unmatched Experiences: SM Supermalls is Your Holiday Haven
The holidays are a time of joy, indulgence and togetherness, and SM Supermalls is raising the bar with a festive lineup like no other. With a curated selection of world-class dining options, exclusive holiday menus and immersive culinary experiences, SM Supermalls invites you to celebrate the most wonderful time of the year in style. SM […]