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CASH remittances slipped to a two-month low in June due to smaller flows from the Middle East, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.
INFLATION should peak in the next two months before slowing closer to target, the country’s central bank chief said, noting that tax-related price pressures have been “tapering off.”
WHO WANTS to try Dr. Jose Rizal’s “most favorite” dish, bistek? Or perhaps, taste Melchora Aquino’s tinolang manok na tagalog?
SETE, FRANCE — A glass of blue, sir? It is a question that may dismay purist wine makers in France, where wine is a way of life rather than simply a drink, but in the southern town of Sete consumers cannot get enough.
THE INSURANCE INDUSTRY booked a double-digit increase in the first half as all sectors posted robust growth, the Insurance Commission (IC) said on Wednesday.
ALLIANZ PNB Life Insurance, Inc. is gearing up to attract more young Filipinos to get protected as it launched an insurance product designed for millennials.
NEW YORK — As radio fades in the new world of digital media, podcasting has become hot.
GOVERNMENT-OWNED and Controlled Corporations (GOCCs) have remitted a total of P32.03 billion this year to the National Government, the Department of Finance said in a briefer on Wednesday, Aug. 15, marking 2018 GOCC Day.
SENATE LEADERS on Wednesday filed a resolution “strongly urging” the Metro Manila Development Authority (MMDA) and its policy-making authority, the Metro Manila Council (MMC), to recall and suspend the ban on driver-only vehicles in EDSA during rush hours.
THE Department of Trade and Industry (DTI) said it will ask the Bureau of Internal Revenues to investigate foreign shipping lines to validate whether they are paying taxes properly on what it called “excessive” cargo charges.
THE FINANCE department has warned against rushing into a decision to select the third major entrant to the telecommunications industry, or “third player,” before the proper regulatory groundwork is laid.
TURKEY’S economic and political conniptions have driven a significant sell-off in European bank stocks. This meltdown may illuminate a deeper question about regulation: whether more capital makes banks or the financial system resistant to periodic crises.
THE recent monsoon rains that we have experienced easily resulted in severe flooding across Metro Manila and its neighboring provinces. Classes were suspended, business operations were interrupted, and the traffic situation was aggravated. While this may be “normal” for us during rainy season, the recent flooding was different as it did not require heavy rains to flood the streets.
AFTER its policy on allowing its players to play in international tournaments was taken to task, the National Basketball Association (NBA) decided to grant a “one-time exception” for those seeing action in the 18th Asian Games in Indonesia.
A BLISTERING 7.7% gross domestic product (GDP) expansion this semester — needed for the economy to hit the bottom of an official full-year target for 2018 — may still be “possible” on the back of strong capital formation, according to a senior official of the Department of Finance (DoF).
IT may take a sitting President and a former president-turned Speaker to break the current deadlock between the Executive and the House of Representatives over the P3.757-trillion national spending plan proposed for next year.
IF EXPERIENCE is the best teacher, then prima ballerina Lisa Macuja-Elizalde is a straight A-student. For 32 years she danced lead in 350 full-length ballets and performed in 90 cities on five continents. Retired from dancing since 2017, the A-student took on the role of teacher early in her career, melding both theory and practice in her teaching style. Among her best students is Ballet Manila’s guest principal dancer, Katherine Elizabeth Barkman, who is the only ballet dancer to win back-to-back medals from two of the most prestigious ballet competitions in the world.
THE HONG KONG and Shanghai Banking Corp. (HSBC) is looking to roll out more mobile services to corporate clients in the Philippines over the coming year, following a jump in its credit card business secured through digital platforms.
FORMER tourism secretary Wanda T. Tulfo-Teo and her brother Ben T. Tulfo, as well as a number of PTV4 officials may face graft charges in connection with a controversial advertising deal involving the Department of Tourism (DoT), PTV4, and the Tulfo-owned Bitag Media Unlimited, Inc.
SENATOR Cynthia A. Villar, who chairs the chamber’s Committee on Agriculture and Food, has requested that the Department of Budget and Management allocate additional funds for rice farmers until the rice competitiveness enhancement fund (RCEF) takes effect.
IF the structure of the Philippine government is supposed to have been patterned after that of the United States, why wasn’t the federal system of America also applied to the Philippines?
AS far as per-capita comfort goes, few vehicles come close to Honda’s enduring and endearing Odyssey — the minivan that has been getting people from here to there since 1994. But first, some housekeeping is in order. There are actually two kinds of Odysseys huffing and puffing around the world: a more compact JDM version (which is the one we have here), and a slightly larger one earmarked for the North American market. Our Odyssey “lite” has spanned five generations, the last all-new version unveiled back in 2013 (but our current model has been refreshed); its American sibling’s fifth iteration was released just last year as a 2018 model — 13 inches longer, almost seven inches wider, and 0.8 inch taller than our locally sold Odyssey.
THEY aren’t just paint jobs, modifications, or overhauls. They’re complete re-imaginings of a Filipino transport icon.
THE College of St. Benilde Blazers got back on the winning track in Season 94 of the National Collegiate Athletic Association on Tuesday after beating erstwhile streaking Emilio Aguinaldo College Generals, 84-71, at the FilOil Flying V Centre in San Juan City.
JAKARTA — The Asian Games, the world’s second largest multi-sports event, begin this week. Here are five global stars who can shine at the continental showpiece in Jakarta and Palembang, Indonesia.
ASIAN CURRENCIES were battered on Monday with the Indian rupee touching a record low as the ongoing crisis in Turkey spilled over to emerging markets and investors flocked to safe-haven assets.
OPPOSITION of the House of Representatives majority bloc to the P3.757-trillion proposed 2019 national budget caught Malacañang by surprise, at a time a newly installed leadership has just settled down in the chamber and with preparations for the May mid-term elections next year soon under way.
LOS ANGELES — Phil Yu is excited. The Los Angeles-based blogger saw an advance screening months ago of Crazy Rich Asians and now the first Hollywood movie in 25 years with an all-Asian cast is about to arrive in theaters along with two other predominantly Asian films.
DAVAO CITY — Global Comfort Group Corp., the company behind the Eurotel and Icon hotel brands, is injecting more funds until 2019 for the renovation of rooms and the construction of a halal kitchen at the Apo View Hotel.
CONCENTRIX PHILIPPINES is keeping a rosy outlook on its growth in the Philippines, calling the country a “pre-eminent destination for business.”
THE CENTRAL BANK has ordered another provincial bank to shut down its operations, marking the eighth lender to fold this year.