What Gen Zs and Gen Alphas bring to the table – BusinessWorld Online Anthony Oundjian, managing director and senior partner of the Boston Consulting Group’s Manila office, says workplaces will be impacted by the characteristics of both Gen Zs and Gen Alphas. Interview by Almira […]
PHILIPPINE gross domestic product (GDP) grew by 5.6% in 2024, below the government’s 6-6.5% growth target for the year. — PHILIPPINE STAR/RYAN BALDEMOR THE PHILIPPINE ECONOMY expanded by a weaker-than-expected 5.2% in the fourth quarter, bringing full-year growth to below the government’s target amid subdued consumption and lower farm output. Data from the Philippine Statistics […]
Applicants look for work at a job fair in Manila. — PHILIPPINE STAR/EDD GUMBAN THE PHILIPPINES has secured a $500-million policy-based loan from the Asian Development Act (ADB) that will fund the government’s labor market programs and reforms aimed at boosting job creation. The Business and Employment Recovery Program-Subprogram 2 supports government efforts “to achieve […]
BANGKO SENTRAL NG PILIPINAS By Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) could continue its easing cycle despite the US Federal Reserve’s policy pause, analysts said, but flagged the need for caution. “Despite the Fed’s pause, we anticipate a 25-basis-point (bp) policy rate cut at the BSP’s meeting in February, […]
BW FILE PHOTO THE PESO-DOLLAR exchange rate could breach the government’s assumptions from this year to 2026 amid expectations of slower rate cuts by the US Federal Reserve, the Bangko Sentral ng Pilipinas (BSP) said. “The exchange rate could settle slightly above the Development Budget Coordination Committee’s (DBCC) assumptions for 2025 and 2026,” it said […]
BW FILE PHOTO By John Victor D. Ordoñez, Reporter A RECENTLY passed bill that will cut the tax on stock transactions to 0.1% from 0.6% is expected to make the Philippine stock market more appealing to investors, according to economists, who also cited the need for the government to educate Filipinos on how to invest. […]
JGSPETROCHEM.COM GOKONGWEI-LED JG Summit Holdings, Inc. said its petrochemicals unit, JG Summit Olefins Corp. (JGSOC), is now on an indefinite commercial shutdown amid “unfavorable global market conditions.” “Given persisting unfavorable market conditions in the global petrochemical industry, JGSOC is now on an indefinite commercial shutdown,” JG Summit said in a statement on Thursday. “JGSOC continues […]
FOLLOWING the release of a controversial teaser for director Darryl Yap’s upcoming film The Rapists of Pepsi Paloma, the Movie and Television Review and Classification Board (MTRCB) has released a statement clarifying that the film is not under review due to “incomplete requirements.” Mr. Yap was ordered by a Muntinlupa court to take down the […]
RANDOLPH T. ESTRELLADO By Sheldeen Joy Talavera, Reporter WEST ZONE concessionaire Maynilad Water Services, Inc. is leveraging artificial intelligence (AI) to enhance its water supply services by addressing pipe leaks, its chief operating officer (COO) said. “One of our top priorities this year is to further reduce non-revenue water (NRW). To achieve this, we are […]
STUDIO KAMUSTA launch party. STUDIO CANTERO, a brand storytelling and production studio, announced its new name on Jan. 22. Studio Kamusta is now an expanded version, its new name signifying a broader reach helping brands tell their stories better and with empathy, said co-founder Gabby Cantero at the launch in Makati City. “We’re showcasing that […]