PHILSTAR FILE PHOTO SUGAR producers said millgate prices for their cane have declined since the start of the milling season, with the United Sugar Producers Federation (UNIFED) warning of possible profiteering by traders. “We fear that this continued downtrend will have a severe impact on our small farmers which comprise more than 80% of the […]
JOHANNES PLENIO-UNSPLASH THE Bases Conversion and Development Authority (BCDA) has distributed transfer certificates of title (TCTs) to the landowners affected by the implementation of the Subic-Clark-Manila-Batangas (SCMB) railway project. In a statement issued over the weekend, BCDA said that it has distributed a total of 68 TCTs to at least 43 landowners in Pampanga. “One […]
Alavida Revive Eye Cream was launched via Zoom on Nov. 6, 2024. Alavida Revive Eye Cream is now in the Philippines! At their recent product launch, life technology company Lifewave International, Inc. introduced the newest addition to their Alavida Regenarating System, formulated to give special care to the skin in the eye area. Infused with […]
PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter Headline inflation may have accelerated in November but still remained within the 2-4% target band, the Bangko Sentral ng Pilipinas (BSP) said. The central bank’s month-ahead forecast showed that inflation likely settled within the 2.2%-to-3% range in November, slower than the 4.1% print in […]
Workers assemble a parol in Las Piñas City. — Photo by Ryan Baldemor, The Philippine Star The Philippines can still achieve its 6-7% gross domestic product (GDP) growth target this year, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said on Friday. “We remain optimistic about the fourth quarter economic performance. Holiday spending, […]
Pioneer Insurance, a trusted insurance company, commemorates seven decades of being a pillar in the industry and reinforces its commitment to embody its culture and values in serving the Filipino. As part of its Platinum Year activities, Pioneer Insurance Group Head Lorenzo Chan, Jr. proudly welcomed visitors to its refreshed Culture and Values Exhibit. “We […]
Increased stock market activity is seen in 2025 as financial conditions become relatively looser. — COSTFOTO/NURPHOTO VIA REUTERS CONNECT By Revin Mikhael D. Ochave, Reporter THE Philippine Stock Exchange (PSE) is aiming to raise P120 billion in capital next year as it anticipates increased market activity. “This year, we have P79 billion in capital raising. […]
REUTERS THE PHILIPPINES’ debt-to-gross domestic product (GDP) ratio is unlikely to return to the pre-pandemic level as debt remains elevated in the medium term, the Bureau of the Treasury (BTr) said. But the National Government’s (NG) medium-term fiscal consolidation plan will make sure it can continue to invest in its economic priorities while keeping debt […]
The Philippine government is focused on upgrading infrastructure, boosting the country’s resiliency in the face of climate change, and diversifying its economy, the National Economic and Development Authority said. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Kyle Aristophere T. Atienza, Reporter THE NATIONAL Economic and Development Authority (NEDA) on Thursday said rising political tensions in the […]
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE BANKING system’s total deposits hit P19.58 trillion as of end-September, data from the Bangko Sentral ng Pilipinas (BSP) showed. The banking sector’s total deposits rose by 7% from P18.29 trillion recorded in the same period a year ago. The number of deposit accounts […]