Analysts see improving foreign investment outlook for PHL

Office and residential buildings are seen in this file photo dated Aug. 17, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter LOWER INTEREST RATES will help drive the entry of more foreign direct and portfolio investments into the Philippines, analysts said. “The outlook for foreign direct investment (FDI) and foreign […]

Faster consumption key to PHL hitting 2024 growth target, says S&P Global

Shoppers look at Christmas decorations inside the Dapitan tiangge in Quezon City, Sept 1, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN FASTER PRIVATE CONSUMPTION will be crucial for the Philippine economy to hit its growth target this year, S&P Global Ratings said. S&P Global economist for Asia-Pacific Vishrut Rana said Philippine gross domestic product (GDP) is […]

Executive order on EV incentives eyed by yearend

An electric vehicle charger is seen in this file photo. — REUTERS A PROPOSED executive order (EO) on the Electric Vehicle (EV) Incentive Strategy will likely be endorsed to the office of President Ferdinand R. Marcos, Jr. by the end of the year, an Energy department official said. “We are still hopeful that it (the […]

An interesting spin on Philippine colonial history

FOR writer and podcaster Lio Mangubat, fascinating yet less well-known tidbits of history had always been the driving force behind his many endeavors, be it a magazine article or an episode of his podcast The Colonial Dept. He was therefore pleasantly surprised when Singapore-based Faction Press’ publisher Chye Shu Wen reached out to him and […]

Love’s leaps and bounds

RENATA SHAKIROVA and Alexei Timofeyev enjoy a lengthy applause after their performance. — BRONTË H. LACSAMANA By Brontë H. Lacsamana, Reporter Ballet ReviewGiselleBy Ballet Manila FOR the final production of Ballet Manila’s 26th performance season, the ballet company welcomed renowned Russian dance couple Renata Shakirova and Alexei Timofeyevin a moving restaging of the love story […]

Retail, F&B face cautious optimism for second half

By Revin Mikhael D. Ochave, Reporter CONSUMER-RELATED companies, such as those in retail and food and beverage (F&B) sectors, are expected to perform well in the second half of the year with higher consumer spending anticipated during the holiday season, though potential risks remain, according to market analysts. “We are cautiously optimistic for the second […]

inDrive PHL targets to grow driver network to 16,000 by yearend

INDRIVE INDRIVE, a global ride-hailing app operated by RL Soft Corp., plans to double its partner-drivers in the Philippines to 16,000 by the end of the year, signaling aggressive expansion that could intensify competition in the local ride-hailing market. “We’re working hard together with our partners to enlarge our driver base because we understand that […]

Haus Talk, Inc. to hold Annual Stockholders’ Meeting on Sept. 25 via remote communication

Haus Talk, Inc. to hold Annual Stockholders’ Meeting on Sept. 25 via remote communication – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more […]

Gov’t makes full award of reissued 20-year bonds

BW FILE PHOTO THE GOVERNMENT made a full award of the reissued 20-year Treasury bonds (T-bonds) it offered on Tuesday amid strong demand and as the average rate fetched was largely in line with secondary market levels on expectations that headline inflation eased anew in August. The Bureau of the Treasury (BTr) raised P30 billion […]