Filinvest Hospitality’s Crimson Hotel in Filinvest City, Alabang (left) and EastWest’s Main Office at The Beaufort in BGC (right), showcasing the diversity of FDC’s business portfolio. The Filinvest Group continues to move fast forward this 2024, reinforcing its commitment to sustainable growth and sharing with its stakeholders the promise of enabling more Filipinos to achieve […]
The Manila Electric Company (Meralco) has ramped up investments in energy infrastructure, technology, and innovation as part of its efforts to continuously ensure the delivery of stable and reliable electricity service to its growing number of customers. As the largest distribution utility in the country, Meralco continuously works to meet the increasing demand for electricity […]
As more Filipino consumers rely on on-demand service platforms like Grab, more livelihood opportunities are created for on-demand professionals like ride-hailing drivers and food delivery riders. These delivery- and driver-partners — relishing the flexibility of work schedule and the high-earnings potential, mostly rely on the platform to be primary breadwinners for their families. They not […]
PHILIPPINE STAR/EDD GUMBAN PRIVATE SECTOR ECONOMISTS trimmed their inflation expectations for this year and the next two years, with the majority expecting the consumer price index (CPI) to fall within the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target range until 2026. The BSP’s Monetary Policy Report from its August meeting showed the analysts’ forecasts continued […]
US dollar banknotes are seen in this photo illustration taken Feb. 12, 2018. — REUTERS THE PHILIPPINES’ foreign exchange reserves rose to its highest level in over two years, mainly due to the increase in the central bank’s earnings from its foreign investments. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that gross […]
Rice prices are expected to further go down as lower tariffs take effect. — PHILIPPINE STAR/KJ ROSALES By Beatriz Marie D. Cruz, Reporter RICE INFLATION may further cool in the coming months once India relaxes a ban on exports, analysts said. “India may reconsider its export ban, impacting international prices further. The stronger peso will […]
FREEPIK THE TARIFF COMMISSION (TC) has recommended that the Trade department maintain or consider modification of the safeguard measure on imported high-density polyethylene (HDPE) pellets and granules as it is seen to help the domestic industry become more competitive. “It can be concluded that the intervention was timely and proper, as it has provided breathing […]
BUSINESSWORLD Publishing Corp. celebrates its 37th anniversary with a special report titled “PH Elevate: Trailblazing Transformation.” This edition provides a comprehensive look at the transformative efforts shaping the future of the Philippines’ business landscape. Highlights include an analysis of the country’s growth outlook, the role of artificial intelligence in corporate strategies, and the adoption of […]
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE Philippines is likely to continue its stable growth trajectory in the medium term, although inflation and elevated interest rates remain major risks to this outlook, analysts said. “First, inflation remains one of the main downside risks to growth for the year,” Gonzalo Varela, […]
THE NATIONAL GOVERNMENT (NG) remains on track with its medium-term fiscal consolidation program even as it continues to borrow to help spur economic growth and as its debt remains at a record high due to loans racked up during the coronavirus pandemic. Finance Secretary Ralph G. Recto said at a Congress hearing in August that […]