Supply chain, red tape drive up PHL cosmetic costs — group

By Aubrey Rose A. Inosante, Reporter PHILIPPINE COSMETIC products remain costly due to supply chain constraints, including high logistics and energy costs, and the need for improved business processes, the Chamber of Cosmetics Industry of the Philippines, Inc. (CCIP) said. These issues are exacerbated by regulatory red tape, affecting both production costs and market competitiveness, […]

We Play Here brings live music to schools

ARTHUR MIGUEL live at We Play Here UP Diliman. LOCAL and international Warner Music Group artists have had their fair share of concerts throughout the Philippines. This year, the We Play Here series of concerts features many of these artists on school campuses. The likes of English singer-songwriter Griff, Filipino soloist Arthur Miguel, and Baguio-based […]

How much is my pechay?

PHILIPPINE STAR/MIGUEL DE GUZMAN For those of us who are vegetable eaters, we may be conscious about the price of upland vegetables, like chop suey ingredients (carrots, sayote, Baguio pechay or wombok and beans), which generally come from Baguio if you are in Manila, and Bansalan if you are from Davao City. You should also […]

BSP’s Remolona ranks among top central bankers in global report card

BANGKO SENTRAL NG PILIPINAS THE BANGKO SENTRAL ng Pilipinas’ (BSP) governor’s “A-” rating in a report card for global central bankers places him among the “top-performing” officials in the world and reflects the BSP’s performance in achieving its mandates. “Philippine central bank governors have been receiving the highest awards in recent years amid effective monetary […]

Fed cuts to bolster BSP easing cycle

People are seen in Divisoria in this file photo. — PHILIPPINE STAR/WALTER BOLLOZOS By Luisa Maria Jacinta C. Jocson, Reporter THE US Federal Reserve’s latest signals of policy easing may give the Bangko Sentral ng Pilipinas (BSP) more confidence to continue its own rate cut cycle, analysts said. Jonathan L. Ravelas, senior adviser at professional […]

PHL economy ‘will not lag far behind Vietnam’ — Moody’s Analytics

FREEPIK ECONOMIC GROWTH in the Philippines and the rest of Southeast Asia is seen to continue on an expansionary path until 2025, Moody’s Analytics said. “Growth will accelerate in Southeast Asia, supported by trade, investment, consumption, generally stimulatory fiscal policy, and, by early next year, easing monetary policy,” Moody’s Analytics Chief Asia-Pacific Economist Steven Cochrane […]

NEDA says PHL needs to benchmark number of holidays against neighbors

People enjoy spending time at Luneta Park in this file photo. — PHILIPPINE STAR/WALTER BOLLOZOS By Beatriz Marie D. Cruz, Reporter THE PHILIPPINES may have to benchmark its number of holidays against other Southeast Asian countries, as having “too much” holidays may discourage foreign investors, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan […]

Gov’t urged to hike selling price for palay

A farmer dries rice grains in Baliuag, Bulacan, Oct. 9, 2023. — PHILIPPINE STAR/KJ ROSALES THE GOVERNMENT needs to hike the selling price for locally produced palay or unmilled rice to increase local rice production, an analyst said. “The farmer needs to earn… They would no longer aspire to yield five metric tons (MT) per […]