PHILIPPINE STAR/MICHAEL VARCAS THE Department of Transportation (DoTr) said the Public-Private Partnership (PPP) Center is now evaluating the proposal it received for the privatization of the EDSA busway system. “There is a proposal. It is being evaluated by the Public-Private Partnership Center. Then after that we will work with the proponent,” Transportation Secretary Jaime J. […]
WORLDBANK.ORG THE PHILIPPINES generated 22% of its power from renewables in 2023, lagging the global average of 30%, according to think tank Ember. “The Philippines has not seen a similar expansion in solar and wind, reaching a share of just 3.2% in 2023,” Ember said in a statement on Thursday. “In comparison, its neighbor Vietnam […]
Applicants look at job postings at a job fair in Manila. — PHILIPPINE STAR/EDD GUMBAN A PRIVATE sector-led and government-supported national campaign was launched on Thursday to help create quality jobs and address jobs and skills mismatches following the success of a previous job creation program. “This is the next season of the One-Million Jobs […]
REUTERS THE Joint Foreign Chambers of the Philippines (JFC) on Thursday called for the passage of the Konektadong Pinoy bill to help bridge the digital divide and strengthen the Philippines’ internet infrastructure. The JFC, citing a World Bank study, said that only 33% of Filipino households have access to fixed internet due to high costs […]
A worker cuts metal in a construction area in Binondo, Manila on March 24, 2022. — PHILIPPINE STAR/RUSSELL PALMA PRICE GROWTH of bulk construction materials in the National Capital Region (NCR) eased further in April, the Philippine Statistics Authority (PSA) reported on Thursday. Citing preliminary data, the PSA said growth in the April construction materials […]
As the global food landscape tackles the growing need for sustainability and health, the alternative protein industry emerges as a critical domain, representing the nexus of technological innovation and consumer dietary shifts. In recent years, the industry has experienced pronounced evolution, with the market trajectory suggesting a strong upward momentum. Higher consumer awareness regarding environmental […]
AboitizPower Head of Energy Transition Projects Felino Bernardo The power industry’s shift to a future with cleaner and better generation technologies require investments in “transition” technologies today to ensure energy security and affordability for present and future generations, an Aboitiz Power Corporation (AboitizPower) official said. In particular, liquefied natural gas (LNG) is being regarded as […]
In photo are (from left) Pulse63 Managing Director Abdul Paravengal, Magwai Organics Founder Czar Carbonel, Likha Collab and Pure Essentials Specialist Corp. Founder Pinky T. Yee, Human Nature representative MG Claveria, Isarog Beautanics Founder Trixie Odiamar, Wonderhome Naturals Founder Marvin Chua, and Kaya Founders Managing General Partner and Pulse63 Ventures Founding Partner Paulo Campos. Pioneering […]
JG Summit Holdings, Inc. sets 2024 Annual Meeting of the Stockholders on June 3 – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more […]
PHILIPPINE STAR/EDD GUMBAN By Karis Kasarinlan Paolo D. Mendoza THE PHILIPPINE jobless rate jumped to a two-month high in March as inflation and an El Niño-induced dry spell limited economic output, according to the local statistics agency. The national unemployment rate rose to 3.9%, equivalent to two million jobless Filipinos, the Philippine Statistics Authority (PSA) […]