January 8, 2025
Jobless rate drops to 5-month low
Job seekers attend a job fair at SMX Convention Center in Pasay City, Sept. 19, 2024. — PHILIPPINE STAR/EDD GUMBAN By Chloe Mari A. Hufana, Reporter THE UNEMPLOYMENT RATE in November dropped to its lowest in five months as businesses ramped up hiring ahead of the holiday season, the statistics agency said on Wednesday. Preliminary […]
January 8, 2025
Inflation could ease to around 2% this year
VEGETABLES are on sale at a market in Tandang Sora, Quezon City, Jan. 2, 2025. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter HEADLINE INFLATION could fall to around the 2% range this year amid easing price pressures, analysts said, which would be well below the projection of the Bangko Sentral […]
January 8, 2025
LRT-1 operator seeks to increase train fares
Commuters are seen at the Light Rail Transit (LRT) Line 1 station in this file photo taken on Aug. 2, 2023. — PHILIPPINE STAR/EDD GUMBAN By Ashley Erika O. Jose, Reporter COMMUTERS using the Light Rail Transit Line 1 (LRT-1) are facing higher fares as its private operator, Light Rail Manila Corp. (LRMC), is seeking […]
January 8, 2025
PHL most insulated to Trump tariffs among ASEAN — HSBC
US PRESIDENT-ELECT Donald J. Trump is set to assume office on Jan. 20, 2025. — REUTERS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES is the most insulated from US President-elect Donald J. Trump’s planned restrictive policies among Association of Southeast Asian Nations (ASEAN) economies, HSBC said. “Across ASEAN, the Philippines is the most […]
January 8, 2025
ABS-CBN shares jump 27.47% on franchise bill filing
“AT THIS POINT, trading is mostly speculative as there is a lot of uncertainty around the fate of the proposed measure” — China Bank Capital Corp. Managing Director Juan Paolo E. Colet. — BW FILE PHOTO SHARES of listed ABS-CBN Corp. surged a day after a fifth bill seeking to grant the media giant a […]
January 8, 2025
Cebu Pacific’s new loan to fund green initiatives, fleet growth
SILVER RINGVEE–UNSPLASH CEBU PACIFIC, operated by Cebu Air, Inc., has secured a sustainability-linked loan to help fund its decarbonization efforts and fleet expansion plans. “Cebu Pacific’s first sustainability-linked aircraft financing is a milestone in our decarbonization journey, as the transaction supports the core element of our program—the modernization of our fleet towards more advanced and […]
January 8, 2025
New on the menu at The Farm
1 of 3 IT WAS really just a Beef Consommé, a Caesar Salad, and a Beef Tenderloin for dinner on Dec. 11. The thing is, all these dishes were served at the eco-luxury wellness resort The Farm at San Benito, and that made all the difference. The Farm, after all, is best known for its […]
January 8, 2025
PHINMA completes P431.8-M acquisition of Cavite school
STJUDE.EDU.PH PHINMA CORP. said its subsidiary PHINMA Education Holdings, Inc. has completed the acquisition of St. Jude College (SJC) Dasmariñas Cavite, Inc. The purchase of SJC Dasmariñas Cavite, Inc. was completed on Jan. 7 after closing the acquisition of land and buildings and payment of debt with a combined value of P344 million, PHINMA Corp. […]
January 8, 2025
Low penetration slows Philippines’ 5G adoption
FREDERIK LIPFERT/UNSPLASH THE PHILIPPINES is lagging its regional counterparts in adopting 5G technology despite increased coverage, according to networking and telecommunications company Ericsson. “In the Philippines, although 5G coverage has expanded, adoption remains slow due to limited data consumption and penetration,” the November 2024 Ericsson Mobility Report said. Ericsson said 5G adoption in the Southeast […]
January 8, 2025
Hopefully, less invisible in time
BW FILE PHOTO “Shit! Shit!” an American friend blurted as he recoiled at the sight of small kids rummaging through garbage along a dingy street in Metro Manila one evening some years back. True, the homeless walk the streets even of the most advanced economies, but maybe the sight of children gives this social blight […]
January 8, 2025
MSpectrum installs solar panels at Cavite water utility
MSPECTRUM.COM.PH MSPECTRUM, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has energized a 33-kilowatt-peak (kWp) solar rooftop facility to power the water pumps of General Trias Water Corp. (GTWC). The project is designed to generate around 45,350 kilowatt-hours of clean energy per year, the company said in a statement on Wednesday. GTWC […]
January 8, 2025
A taste of home
1 of 4 LIMBAGA 77 Cafe Restaurant in the Morato section of Quezon City (its address is in its name) celebrated its 10th anniversary on Dec. 18, offering guests a gut-stretching Filipino buffet. It all started in 2014 when a group of diners were at Sct. Limbaga, eating at a restaurant across the street from […]
