Manila gears up for 2025 ITIC with Mon Abrea leading the initiative

As the Philippines positions itself for a sustainable economic future, Mon Abrea, Founder and CEO of the Asian Consulting Group (ACG), returns with a strong vision to drive ESG (Environmental, Social, and Governance) investing and global tax reforms. This theme will take center stage at the upcoming 2025 International Tax and Investment Conference (ITIC) on […]

Rice stockpile eyed as Japan PM orders swift relief from rising prices

JAPANESE PRIME MINISTER SHIGERU ISHIBA — REUTERS FILE PHOTO TOKYO – Japanese Prime Minister Shigeru Ishiba has ordered the swift implementation of measures to give consumers relief from inflated food prices, including an unprecedented release of stockpiled rice to bring down costs, a minister said on Tuesday. At a news conference, Economy Minister Ryosei Akazawa said Mr. […]

Young filmmakers shine: Pioneer Insurance honors Real to Reel Gen Z short film competition winners

Pioneer Group Head Lorenzo Chan, Jr. (leftmost) and Fire and Ice Entertainment CEO Liza Diño (rightmost) award the Grand Prize Winners of Pioneer’s Real to Reel: Gen Z Short Film Competition — (from L-R) Glenn Faller, Jerry Surpia, and Jaff Jaro from Leyte Normal University. Pioneer Insurance showcased the creativity of the younger generation at […]

Manufacturing growth slows in Jan.

REUTERS PHILIPPINE manufacturing activity continued to expand in January, albeit at the slowest pace in five months, S&P Global said on Monday. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) stood at 52.3 in January, easing from the 54.3 logged in December 2024. This was the lowest PMI reading in five months or since […]

Food security emergency declared

Rice prices are displayed at a market in Manila, Feb. 1, 2025. — PHILIPPINE STAR/NOEL B. PABALATE THE DEPARTMENT of Agriculture (DA) declared on Monday a food security emergency on rice, the latest effort by the government to lower the cost of the staple grain. “This emergency declaration allows us to release rice buffer stocks […]

PHL unlikely to reach the upper end of 2025 target

A man arranges fruits at a stall in Quezon City, Dec. 29, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Aubrey Rose A. Inosante, Reporter THE PHILIPPINES may have difficulty achieving the upper end of the government’s 6-8% gross domestic product (GDP) growth target amid heightened global uncertainties this year. Asked if the country could hit […]

BSP: Shift from ‘obsolete’ OTPs to more secure methods needed

By Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to veer away from the use of one-time passwords (OTPs) in favor of more secure and advanced authentication methods. “Our objective is to make it future proof. You know how technology is. If you say that what we have right […]

PCCI opposes P200 daily wage hike

Workers are seen at a construction site along Commonwealth Ave in Quezon City, Jan. 30, 2025. — PHILIPPINE STAR/NOEL B. PABALATE THE PHILIPPINE Chamber of Commerce and Industry (PCCI) is opposing the proposed P200 across-the-board daily minimum wage hike for workers. “A blanket national minimum wage (hike) does not take into account the differences in […]

Senate OKs Meralco franchise bill on final reading

PHILIPPINE STAR/RYAN BALDEMOR THE SENATE on Monday approved on third and final reading a proposed measure that will extend Manila Electric Co.’s (Meralco) franchise for another 25 years. With an 18-1-0 vote, senators approved House Bill No. 10926, which will allow the power provider to continue constructing, operating, and maintaining its electric distribution systems in […]