US dollar banknotes are seen in this illustration taken July 17, 2022. — REUTERS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ balance of payment (BoP) surplus sharply narrowed in 2024, falling short of the central bank’s full-year projection. Data from the Bangko Sentral ng Pilipinas (BSP) showed the full-year BoP position stood at […]
A general view of the rush-hour traffic in Manila, Philippines, Dec. 20, 2024. — REUTERS By Aubrey Rose A. Inosante, Reporter THE PHILIPPINES is expected to be the second-fastest growing economy in Southeast Asia in 2025, as further monetary easing boosts domestic demand, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Tuesday. In its Regional […]
Top executives in the Philippines are optimistic about economic growth this year. — PHILIPPINE STAR/MIGUEL DE GUZMAN MOST chief executive officers (CEO) based in the Philippines are optimistic about economic growth prospects despite worries over a shortage of skilled workers and technological disruption, a survey showed. In the PwC 28th Global CEO Survey, 78% of […]
Government officials inspect prices and supply of rice at a market in Quezon City, Jan. 10, 2025. — PHILIPPINE STAR /MIGUEL DE GUZMAN STILL-ELEVATED rice prices could stoke inflation and threaten the Bangko Sentral ng Pilipinas’ (BSP) pace of monetary easing, GlobalSource Partners said. “Such a precarious rice situation does not promise bright prospects for […]
PHILSTAR FILE PHOTO PANGILINAN-LED Manila Electric Co. (Meralco) said it will borrow P75 billion from three major local lenders to finance its planned joint venture (JV) with Aboitiz Power Corp. (AboitizPower). Meralco hopes to secure P75 billion in loans, payable over 12 years, from BDO Unibank, Inc., Bank of the Philippine Islands, and Metropolitan Bank […]
ACMOBILITY ACMOBILITY is putting up 27 more electric vehicle (EV) charging stations in Makati City within the first quarter, the mobility solutions provider announced on Tuesday. Makati City is set to have 74 operational charging points across 18 locations, such as offices, malls, and condominiums, the end-to-end mobility solutions arm of the Ayala group said […]
DONALD J. TRUMP wearing a traditional barong Tagalog during his visit to Manila on Nov. 12, 2017. — REUTERS By Revin Mikhael D. Ochave, Reporter UNITED STATES PRESIDENT Donald J. Trump’s recent policy announcements have mixed implications for the Philippines, with potential benefits from lower energy prices due to boosted US oil and gas production […]
THE rock musical Next to Normal, written by Brian Yorkey with music by Tom Kitt, is often credited as launching the discussion of mental health in mainstream theater back when it premiered on Broadway in 2009. Next to Normal follows an American family navigating grief. The mother, Diana Goodman, suffers from worsening bipolar disorder that […]
LYNDSEY MITCHELL-UNSPLASH (Part 8) We have seen that a widespread culture of materialism and consumerism is a counterforce in the efforts of the developed countries to increase the average fertility rate. The moment individuals get used to considering the cost of having children in terms of a Lexus car, an expensive apartment, a world tour […]
MISAMIS ORIENTAL PROVINCIAL INFORMATION OFFICE OFFICIAL FACEBOOK ACCOUNT A BROWN Co., Inc. (ABCI) is investing P2.5 billion in the construction of a mixed-use complex under a joint venture agreement with the Misamis Oriental provincial government. The project will be developed in four phases and is part of an integrated master development plan, the company said […]