Denmark’s CIP expects $30-M investment in PHL green energy by mid-2025

DENMARK’S Copenhagen Infrastructure Partners (CIP), a global investor in renewable energy infrastructure, expects its investment in the Philippines to reach $30 million (around P1.7 billion) by mid-next year. “Our intention until about mid-next year, when we expect the GEAP (green energy auction program) to take place, is to spend roughly $30 million or so on […]

BusinessWorld partners with WorkL in search of ‘Best Places to Work’ in the Philippines

BusinessWorld, the Philippines’ longest-running and most trusted business newspaper and multimedia content provider, announces that it has joined forces with WorkL, the global employee experience platform that measures, tracks, and improves employee engagement and employee happiness at work, to reveal the best places to work in the Philippines. BusinessWorld’s Best Places to Work 2025 awards […]

VSTECS appointed as authorized distributor for Extreme Networks in the Philippines

VSTECS Phils., Inc., the leading ICT distributor in the Philippines, is proud to announce its appointment as the authorized distributor of Extreme Networks, a global front-runner in cloud-driven networking solutions, trusted by more than half of the Fortune 50, and a Six-Time Leader in Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure and […]

Plan for summit on UN sidelines to seek ways ‘to talk sense’ into China, Philippines envoy says

Philippine Coast Guard personnel documents a Chinese Coast Guard vessel shadowing the Philippines’ resupply mission at Second Thomas Shoal in the South China Sea, March 5, 2024. — REUTERS WASHINGTON – A summit of at least 20 nations is planned on the sidelines of the U.N. General Assembly this month to seek ways “to talk […]

A fresh coat of hope: FPJ Panday Bayanihan donates essential supplies to Pres. Corazon Aquino High School

FPJ Panday Bayanihan Chairman Brian Poe Llamanzares during the turnover of supplies FPJ Panday Bayanihan, a foundation committed to fostering community development and uplifting Filipino lives, recently made a donation to Pres. Corazon C. Aquino High School. The donation, consisting of various painting materials and lighting supplies, aims to enhance the learning environment for students […]

Padday na Lima Regional Trade Fair 2024: Immerse yourself in Cagayan Valley’s exquisite blend of beauty and bounty

Padday na Lima is back in Manila! Cagayan Valley’s product showcase is again in the spotlight as the trade fair officially kicks off on Sept. 10, 2024, at the Festival Mall Alabang in Muntinlupa. This year’s trade fair comes with the theme, “Unveiling the Richness of Cagayan Valley’s Lands and Seas, A Fusion of Beauty […]

BingoPlus Foundation empowers 60 scholars with the launch of P.L.U.S. Factor Leadership Program

Eusebio Tanco, Chairman of DigiPlus Interactive, and leaders across the company and BingoPlus Foundation welcome 60 scholars during the FutureSmart Leaders Assembly. The BingoPlus Foundation, the philanthropic arm of DigiPlus launched its P.L.U.S. (Pioneering Leadership and Uplifting Service) Factor Program — an initiative designed to transform the lives of scholars from across the Philippines. More […]

June FDI net inflows at four-year low

JOHN GUCCIONE-PEXELS By Aaron Michael C. Sy, Reporter PHILIPPINE foreign direct investment (FDI) net inflows sank to an over four-year low in June amid lower placements across all instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday. The inflows fell by 29% to $394 million from $555 million a year ago, preliminary data from […]

July trade gap widest in 16 months

BW FILE PHOTO By Beatriz Marie D. Cruz, Reporter THE PHILIPPINES in July posted its widest trade deficit since March 2023 as imports grew at their fastest clip in three months, outpacing the uptick in exports, the Philippine Statistics Authority (PSA) reported on Tuesday. Preliminary data from the PSA showed that the country’s trade-in-goods balance […]

Philippines may miss out on demographic dividend as job creation stays weak

PHILIPPINE STAR/JOHN RYAN BALDEMOR By Chloe Mari A. Hufana, Reporter THE PHILIPPINES’ one-year high unemployment rate in July highlights the economy’s inability to absorb workers into the labor force, which may result in the country missing out on the benefits of its demographic “sweet spot,” analysts said. “The high unemployment rate especially among the new […]