February 5, 2025
Inflation steady at 2.9% in January
Tomatoes are sold at a market in Manila. Prices of tomatoes have soared in recent weeks. — PHILIPPINE STAR/ RYAN BALDEMOR By Luisa Maria Jacinta C. Jocson, Reporter HEADLINE INFLATION remained steady in January as lower utility costs offset a spike in food prices, preliminary data from the Philippine Statistics Authority (PSA) showed. The consumer […]
February 5, 2025
Bicam report on capital markets reform OKd
BW FILE PHOTO THE SENATE and the House of Representatives on Wednesday ratified the bicameral conference report on a measure that seeks to cut the tax on stock transactions to 0.1% from 0.6%, a move that experts hope will boost the Philippine stock market. At the same time, Congress also ratified the bicam report on […]
February 5, 2025
Pangandaman says gov’t could adjust growth target if necessary
Motorists are seen along United Nations Avenue in Manila. — PHILIPPINE STAR/RYAN BALDEMOR BUDGET Secretary Amenah F. Pangandaman on Wednesday said the government’s 6-8% gross domestic product (GDP) growth target this year may be adjusted after underwhelming 2024 growth and global uncertainties. “Let’s wait for it. Maybe, we need to adjust. So, if needed, we’ll […]
February 5, 2025
Gas stations may be required to put up EV charging points this year
Electric vehicle charging stations are seen at a mall in Eastwood City. — PHILIPPINE STAR/WALTER BOLLOZOS By Sheldeen Joy Talavera, Reporter THE Department of Energy (DoE) is looking to start requiring gas stations to have electric vehicle (EV) charging points this year, as part of efforts to boost EV adoption in the country. Patrick T. […]
February 5, 2025
PHL may need 50M sq.m. of industrial space by 2035
LIMA Estate’s 30-hectare commercial area in Batangas. — BW FILE PHOTO THE PHILIPPINES may need at least 50 million square meters (sq.m.) of industrial space by 2035, with an estimated average price of P30,000 per sq.m., to accommodate surging demand from the manufacturing, logistics, and data center sectors, according to commercial real estate consultancy firm […]
February 5, 2025
How AirAsia Philippines is tackling recovery challenges
RICARDO P. ISLA By Ashley Erika O. Jose, Reporter AIRASIA PHILIPPINES is focusing on expanding domestic routes and tackling key industry challenges as part of its recovery strategy, its chief executive officer (CEO) said. “Now five years in AirAsia, it has been a very good balance between the challenging pandemic years and the years of […]
February 5, 2025
ICTSI expands MICT capacity
ICTSI.COM INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said it is enhancing its Manila International Container Terminal (MICT) through capacity expansion and infrastructure upgrades. In a media release on Wednesday, ICTSI announced that MICT is building Berth 8 to accommodate large container vessels with capacities of up to 18,000 twenty-foot equivalent units (TEUs). This expansion will […]
February 5, 2025
Agentic AI to automate processes in IT-BPM sector
DCSTUDIO-FREEPIK WIDER ADOPTION of agentic artificial intelligence (AI) systems among information technology and business process management (IT-BPM) firms will allow the sector to move away from transactional tasks and create higher-value jobs, an industry group said. “The widespread adoption of agentic AI will fundamentally reshape workforce dynamics, shifting demand away from repetitive, transactional roles and […]
February 5, 2025
Close, and with a cigar
1 of 2 WHILE La Casa del Habano may have launched a High Tea and a happy hour promo called “Indulge Twice” on Jan. 22, let’s be honest: the focus on the Ayala Triangle Gardens cigar lounge is the long and fat Cubans (cigars, that is). Cuban cigars — so scarce and precious that rumor […]
February 5, 2025
Yuka Saso and FNG: A partnership rooted in shared values
Yuka Saso As a professional athlete competing on the global stage, Filipino-Japanese golfer Yuka Saso leads an extraordinary lifestyle. Being the youngest two-time U.S. Women’s Open champion, Saso values the importance of having a serene and comfortable space to unwind in between her rigorous training and international competitions. Reflecting on her remarkable 2024 season, in […]
February 5, 2025
PremiumLands to conduct P255.2-M tender offer for Asiabest shares
PREMIUMMEGASTRUCTURES.COM REAL ESTATE company PremiumLands Corp. (PLC) is preparing a P255.2-million tender offer for Asiabest Group International Inc. shares as part of its planned backdoor listing. PLC and Industrial Holdings and Development Corp. (IHDC) intend to conduct a tender offer involving up to 100 million Asiabest common shares, representing a 33.33% stake, at P2.552 per […]
February 5, 2025
Abangan ang susunod na kabanata
ORIGINAL PHOTOS FROM FREEPIK One of the things I hope to see this year is a clear road map towards 2028 and progress in our approach to and relations with China. ‘Coz, clearly, our bilateral ties cannot remain where they are today. More and more analysts have been flagging the South China Sea as a […]