President Ferdinand R. Marcos, Jr., on Friday, signed into law two measures to reinforce the Philippines’ entitlement and responsibility within its maritime zones. President Marcos signed the Philippine Maritime Zones Act and the Philippine Archipelagic Sea Lanes Act, which, he said, are “significant laws that emphasize the importance of our maritime and archipelagic identity. Spotlight […]
[B-SIDE Podcast] Holiday surge: Filipinos flock online for Christmas shopping – BusinessWorld Online How do Filipinos spend and pay as they shop during the Christmas season? How are merchants and businesses addressing the challenges of the year-end holiday rush? BusinessWorld discusses this topic with Bryan […]
The Animal Kingdom Foundation (AKF) and the National Fisheries Research and Development Institute (NFRDI) of the Department of Agriculture (DA-NFRDI) have forged ties to integrate fish welfare into the FishKwela program. The Animal Kingdom Foundation (AKF) and the National Fisheries Research and Development Institute (NFRDI) of the Department of Agriculture (DA-NFRDI) have forged ties to […]
In the Philippines, where dreams are big but opportunities are limited, many Filipinos make the ultimate sacrifice of going abroad for work to provide for their families back home. Overseas Filipino Workers (OFWs) are scattered in millions worldwide in various industries, from healthcare, creatives, technology, and many more, lending their talents to the world for […]
INFLATION accelerated to a fresh 14-year high in January as food prices surged. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter PHILIPPINE economic growth will continue to accelerate at a modest pace over the near and medium term amid downside risks posed by price volatility, supply shocks, and geopolitical conflicts, the […]
A woman arranges canned goods inside a market in Quezon City, Nov. 22. The central bank raised its baseline inflation forecast to 3.3% for 2025 from 3.2% previously. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) lowered its key rate for a third straight meeting […]
REUTERS THE COUNTRY’S balance of payments (BoP) deficit widened in November as the government made more repayments on foreign debt, the Bangko Sentral ng Pilipinas (BSP) said on Thursday. Data from the central bank showed the BoP position widened to a $2.276-billion deficit in November from the $216-million gap a year ago. It also more […]
BW FILE PHOTO By Aaron Michael C. Sy, Reporter THE PESO sank to the all-time low of P59 against the US dollar anew on Thursday, following the US Federal Reserve’s hawkish cut. The local unit closed at P59 per dollar on Thursday, weakening by one centavo from its P58.99 finish on Wednesday, Bankers Association of […]
The First Philippine Polymer Banknote Series is composed of the 1000-piso polymer banknote, as well as new polymer denominations: 500-, 100-, and 50-piso. — COURTESY OF THE BANGKO SENTRAL NG PILIPINAS THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday unveiled its first series of polymer banknotes, which features the country’s protected and native species. BSP […]
Cars have evolved far beyond simple transportation tools to symbols of identity and lifestyle. A study published in the open-access journal Transport Reviews said that the decision to purchase a car and the type of vehicle selected are influenced by values, societal norms, and lifestyle aspirations. In professional settings, the type of car a person […]