LATEST NEWS
CORPORATE
Co-led companies post first-quarter income growth
COMPANIES led by businessman Lucio L. Co reported strong profit growth in the first quarter, with his retail holding firm Cosco Capital, Inc. posting a 10.9% increase in consolidated net income to P2.7 billion.
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Philippines removes last hurdle for stalled Tampakan copper-gold project
MANILA - A provincial government in southern Philippines has reversed its 12-year-old policy banning open-pit mining, removing the final regulatory hurdle for the stalled...
STOCK MARKET
SHARES closed higher on Monday on bargain hunting after five consecutive days of decline and as Metro Manila remained under Alert Level 1.
BANKING AND FINANCE
Bids for T-bills rejected as market bets on BSP hike
THE GOVERNMENT rejected all bids for its offer of Treasury bills (T-bills) on Monday as investors asked for higher rates due to bets of a hike at the Bangko Sentral ng Pilipinas’ (BSP) policy meeting this week.
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OPINION
Taiwan’s COVID-19 containment strategy utilizes innovative technology and universal health coverage
TWO YEARS into the COVID-19 pandemic, more than 510 million confirmed cases and more than 6.25 million deaths have been reported around the world. As nations continue to battle the pandemic, Taiwan’s achievements have been widely recognized. As of May 10, about 390,000 confirmed cases and 931 deaths had been reported in Taiwan, which has a population of 23.5 million. And thanks to a joint effort by the government and the people, Taiwan’s economic growth rate for 2021 reached 6.45%.
SPOTLIGHT
Filinvest Land residential business grows 9% in Q1 2022
Filinvest Land, Inc. (FLI), one of the country's largest real estate developers, reported P4.31 billion in revenues and other income for the first quarter...
SPECIAL FEATURES
Collaboration redefines corporate social responsibility
By Adrian Paul B. Conoza, Special Features Assistant Editor
One of the many things that has gone widespread in the past years since the coronavirus...
SPECIAL REPORTS
Energy sector in transition: A rebalancing act
COAL-FIRED power plant companies in the Philippines have, in recent months, declared plans to rebalance their portfolio into one that has a growing share of renewables in the mix.
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ARTS & LEISURE
Bubble Gang revamps, takes on new cast members
THE LONGEST-running sketch comedy show in the country, Bubble Gang, has been revamped with new segments and new actors on May 27.
VELOCITY
Porsche Macan GTS: This high-stepping sport ute sees red
ROME, ITALY: I won’t attempt to even fathom what the Porsche purists might have in their beating Stuttgart hearts, but I’d like to think that they’ve softened up by now about their favorite brand conjuring up sport utility vehicles (yes two, in fact). If you consider that these utes have basically saved the brand from the unforgiving abyss of bankruptcy, well, what’s not to like?
SPORTS
Gilas Women open their golden quest with win over Indonesia
HANOI — Banking on defense and a big third quarter surge, the Philippine women’s basketball team started its quest for a second Southeast Asian Games gold medal Monday with a 93-77 victory over Indonesia at the Thanh Tri Gymnasium here.