LATEST NEWS
CORPORATE
First Gen allots $550M for 2022 capex
LOPEZ-LED First Gen Corp. has allocated $550 million, or around P29 billion, for capital spending this year, with its renewable energy subsidiary cornering nearly half of the budget followed by its liquefied natural gas (LNG) terminal project.
LATEST NEWS
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Marcos seen having free hand to pursue Constitutional reforms
LEADING presidential vote-getter Ferdinand R. Marcos, Jr. has no political debts that would tie his hands in pursuing Constitutional reforms, with a reversal of the current government’s policy direction seen as only the “worst-case scenario,” the Foundation for Economic Freedom (FEF) said.
STOCK MARKET
THE MAIN INDEX surged on Wednesday as investors bought shares ahead of the Bangko Sentral ng Pilipinas (BSP) policy meeting on Thursday, where analysts expect a rate hike to combat inflation.
BANKING AND FINANCE
Yields on term deposits climb as market anticipates BSP hike
YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) inched higher on Wednesday as investors expect the regulator to start increasing benchmark rates due to inflation risks.
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OPINION
Making the case against bad profits via shrinkflation and the case...
IN MANY PARTS of the world, inflation is climbing quickly, including in the US,...
SPOTLIGHT
Pag-IBIG Fund finances 5,411 homes for low-wage earners in January-April 2022
Pag-IBIG Fund has financed 5,411 socialized homes for minimum-wage and low-income members in the first four months of 2022, its top executives said today.
Socialized...
SPECIAL FEATURES
Redefining business continuity in a post-COVID world
Disruption has been the name of the game in business since the turn of the millennium. Years of disruption due to technology have culminated...
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
Okada Manila receives five-star award, soon to open new Filipino buffet
FOR the third straight year, Okada Manila was awarded the Five-Star Award by the Forbes Travel Guide (FTG).
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 defeat Thailand, 97-81, for its second win in row
HANOI — Heroines came in abandon as the Philippine women’s squad whipped rival Thailand 97-81, on Wednesday for its second straight win in women’s basketball of the 31st Southeast Asian (SEA) Games at the Thanh Tri Gymnasium.