Men are at work on a segment of Commonwealth Avenue in Quezon City, July 13, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Beatriz Marie D. Cruz, Reporter THE NATIONAL Government’s (NG) spending on infrastructure jumped by 17% in June as it increased disbursements for completed public works projects, the Department of Budget and Management (DBM) […]
BW FILE PHOTO LOAN GROWTH is seen to improve next year as the Philippine central bank is expected to further cut policy rates, S&P Global Ratings said. “We think that the loan growth will start to pick up, but at a very slow rate,” S&P Global Director and Lead Analyst Ivan Tan said in a […]
AN AIRPLANE is seen landing at Ninoy Aquino International Airport, March 7, 2024. — PHILIPPINE STAR/RUSSELL PALMA By Ashley Erika O. Jose, Reporter LOCAL AIRLINES anticipate an increase in passenger volume, following the reduction of fuel surcharges on airfares in September. In an advisory on Wednesday, the Civil Aeronautics Board (CAB) downgraded fuel surcharge, which […]
THE PHILIPPINES has maintained its net creditor position and will continue to participate in the International Monetary Fund’s (IMF) lending operations until early next year, the Bangko Sentral ng Pilipinas (BSP) said. In a statement on Wednesday, the BSP said that the Monetary Board approved the continued participation of the Philippines in the IMF’s Financial […]
1 of 2 THE MOVIES may have always been the highlight, but movie snacks have always been a great part of going out. And one of the best-known movie snacks out there, Taters, turned 30 this year. The event was celebrated with a day of games at the SM Mall of Asia Gamepark on Aug. […]
MANILA Electric Co. (Meralco) has extended the deadline for firms to submit bids for its 400-megawatt (MW) power supply requirement for next year to October, ensuring participants have more time to prepare their offers, the power distributor said on Wednesday. The deadline to submit bids is now scheduled for Oct. 1, extended from the previous date […]
NATIONALBOOKSTORE.COM THE ULTIMATE FILIPINO ADOBO by Claude Tayag might catch your eye at the bookstore by making you think that you’re about to make the ultimate adobo indeed, but you’re going to have to go through many steps to start. It feels like an old martial arts trope, like Mr. Miyagi observing Daniel doing chores […]
FREESTOCKS-UNSPLASH FINANCE Secretary Ralph G. Recto recently met with senior officials of streaming platform operator Netflix, Inc. to clarify the proposed value-added tax (VAT) law for foreign digital service providers, the Department of Finance (DoF) said on Wednesday. “Secretary Recto provided clarifications on the bill and assured Netflix of the government’s commitment to supporting the […]
1 of 5 Jollibee’s Peach Mango Pie is now chunkier JOLLIBEE’s Peach Mango Pie now has an improved pie filling recipe and is also more affordable. The price for a regular solo order has been reduced from P45 to P40. The pie now features an improved recipe, boasting of more real peach and mango bits, […]
THE SECURITIES and Exchange Commission (SEC) cautioned the public against investing in Glass Coin and Vaultrade, as neither is registered to solicit investments. In two separate advisories on its website, the commission said that Glass Coin and Vaultrade are not authorized to solicit, accept, or take investments from the public. The SEC said that Glass […]