Navigating climate risk in the Philippines through insurance

PHILIPPINE STAR/MIGUEL DE GUZMAN By Arup Chatterjee AN AVERAGE of 20 storms and typhoons hit the Philippines each year, leading to flooding, landslides, and storm surges that ravage communities and cause significant economic losses. No other country is more at risk from natural hazards, according to the World Risk Index. Implementing proper financial protection arrangements […]

Sustaining growth momentum in an ever-changing global landscape

By Gonzalo J. Varela THIRTY-SEVEN years ago, when this newspaper was reformed under this new name, the average Filipino earned less than one tenth of the income of the average high-income person. Since then, the Philippine economy has experienced significant growth. Today, that same average Filipino earns almost one-third of the income of his peers […]

Green is good: Why more developers eye green certifications for buildings

By Aubrey Rose A. Inosante, Reporter PHILIPPINE property developers are increasingly seeking green certifications for office buildings not only because of government energy mandates but also rising demand from multinational companies. It’s no longer uncommon to find developers touting the sustainable features of their new office buildings, which have received certifications like Leadership in Energy […]

July factory output grows to 3-month high

Workers are seen at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERS/ERIK DE CASTRO FACTORY OUTPUT growth rose to its fastest pace in three months in July, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary results in the PSA’s latest Monthly Integrated Survey of Selected Industries (MISSI) showed factory […]

Leading the way: Forest Lake builds legacy as premier memorial park developer in the Philippines

Forest Lake Memorial Park, Digos, Davao Del Sur. The stunning facade of Forest Lake Memorial Park in Digos, welcoming you with elegance and serenity Long affirmed as the Philippines’ leading memorial park developer, Forest Lake continues to uphold its commitment to compassionate care, innovative services, and customer-centric core values — factors that, to this day, […]

July unemployment rate hits 1-year high

Commuters wait for public transportation along Ortigas Extension in Cainta, Rizal, Sept. 14, 2022. — PHILIPPINE STAR/ WALTER BOLLOZOS The country’s jobless rate rose to a one-year high of 4.7% in July as fresh graduates entered the workforce, the Philippine Statistics Authority (PSA) said on Friday. Preliminary data from the PSA’s Labor Force Survey (LFS) […]

Unilab Foundation explores academic partnership with Philippine Women’s University

Front row, from L to R: PWU Vice-President for External Affairs Alfredo Reyes, Unilab Foundation Executive Director Jose Maria Ochave, PWU President Marco Benitez, PWU Chancellor and Senior Vice-President for Academic Affairs Dr. Felina Young, and ULF Health Sector Skills Council Project Director Dr. Kenneth Hartigan-Go. Back row, from L to R: PWU School of […]

Enterprise Asia Linchpin of Asia Awards 2024 recognizes Asia’s leading industry trailblazers

The prestigious Enterprise Asia Linchpin of Asia Awards 2024 showcased the pinnacle of excellence among Asia’s most distinguished industry leaders and enterprises, with a grand celebration at the Bangkok Marriott Hotel The Surawongse, Thailand. Organized by regional NGO Enterprise Asia, the Linchpin of Asia Awards is a premier recognition program dedicated to honoring only the […]

Development of Greater Manila Bay Area will foster economic growth in provinces – FFCCCII

FREEPIK Focusing on the Greater Manila Bay Area (GMBA) development can help boost the economy of provinces, an expert said on Thursday.  “Investment is the key. Investment will generate jobs. Kailangan natin ng negosyo [We need businesses],” Doctor Cecilio K. Pedro, President of the Federation of Filipino Chinese Chambers of Commerce & Industry Inc. (FFCCCII) […]