From Luzon to Mindanao: Puregold CinePanalo unveils 25 Top Student Finalists

The complete lineup for the upcoming 2025 Puregold CinePanalo has now been finalized, with the announcement of the 25 student films to be showcased at the festival under the short film category. The promising young filmmakers will each receive a P150,000 production grant. Finalists were selected from the hundreds of initial applicants to the contest. […]

PayMongo forges with Boost Capital to simplify merchant onboarding in PH

PayMongo, a leading financial technology platform for Filipino entrepreneurs, has recently partnered with Boost Capital, a leader in digital technology solutions, to streamline merchant onboarding, lower barriers to financial services, and reinforce PayMongo’s position as a top player in the Philippines’ fintech space. “Together, we’re taking a big step towards improving the onboarding experience for […]

Below-target growth likely this year

People flock to Divisoria, Oct. 12, 2024. — PHILIPPINE STAR/RYAN BALDEMOR THE PHILIPPINES’ gross domestic product (GDP) growth will likely settle below the 6-7% target range this year, analysts said. “The economy is in need of further support. Looking forward, fiscal tightening and weak export demand should keep growth subdued,” Capital Economics said in a […]

Delays in VAT rebates dampen net inflows of FDI to the Philippines

A Philippine flag is seen along Aguinaldo Highway in Imus City. — PHILIPPINE STAR/EDD GUMBAN THE PHILIPPINES posted the fourth-highest net inflows of foreign direct investments (FDIs) in Southeast Asia, although this may have been dampened by delays in value-added tax (VAT) rebates, according to the Association of Southeast Asian Nations (ASEAN) Investment Report 2024. […]

Philippines is least exposed to China’s economy — Nomura

A view of the financial district of Pudong is seen through a hole on a bridge in Shanghai, China, Sept. 27, 2024. — REUTERS THE PHILIPPINES is the least exposed to China’s economy, potentially limiting the impact of the latter’s stimulus measures, Nomura Global Markets Research said. “Among the various uncertainties surrounding Asia’s economic outlook […]

Megaworld earmarks P15B for 84-hectare Ilocandia Coastown

INVEST.ILOCOSNORTE.GOV.PH LISTED property developer Megaworld Corp. is allotting P15 billion to develop a township in Laoag City, Ilocos Norte, over the next 10 years, marking the company’s first property development in Northern Luzon. The company is developing the 84-hectare Ilocandia Coastown mixed-use beachfront township, its 34th township development overall, Megaworld said in a statement to […]

Meralco, Samsung C&T partner for nuclear energy initiative

MERALCO EXECUTIVE Vice-President and Chief Operating Officer Ronnie L. Aperocho (left) and Samsung C&T Corp. President for Global Operations Jungwook Kim lead the ceremonial signing of the memorandum of understanding between the two companies to advance the adoption of nuclear energy projects in the Philippines. MANILA Electric Co. (Meralco) and South Korea’s Samsung C&T Corporation […]

Ayala Greenfield Interchange project breaks ground

AYALA CORP. Chairman Jaime Augusto Zobel de Ayala, Ayala Land President and Chief Executive Officer (CEO) Meean Dy, Department of Transportation Undersecretary Andy Ortega, Calamba City Mayor Ross Rizal, Department of Public Works and Highways Director Pelita V. Galvez, Toll Regulatory Board Executive Director Alvin Carullo, Ayala Greenfield Development Corp. Chairman Joselito Campos, Jr., San […]