CORPORATE

Converge targets up to P26-B revenue this year

LISTED fiber broadband provider Converge ICT Solutions, Inc. is expecting to hit P25 billion to P26 billion in gross revenue by the end of the year, up from P15.7 billion last year, as high demand continues.

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MWSS rejects CoA finding that Kaliwa Dam ECC could be at...

THE METROPOLITAN Waterworks and Sewerage System (MWSS) said Thursday that compliance with environmental requirements in connection with the Kaliwa Dam is ongoing with construction still yet to begin, even as the design phase for the P12.2 billion project exceeds 90% completion.

STOCK MARKET

PHILIPPINE shares snapped three days of decline on Thursday amid improved remittances and as the implementation of an alert level system in Metro Manila started.

BANKING AND FINANCE

Banks told to find new reference rates ahead of LIBOR’s phaseout

THE BANGKO SENTRAL ng Pilipinas (BSP) told financial institutions to shift from using the London Interbank Offered Rate (LIBOR) as a benchmark as it is due to be phased out soon.
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THE NATION

LABOR

PROPERTY

WORLD NEWS

TECH NEWS

OPINION

Tax avoidance and moral issue

If we rewind to 10 years ago when the global economy was busy recovering from the global financial crisis, and fiscal authorities were dialing back public spending and central banks were thinking of normalizing monetary policy, tax avoidance would not have made a lot of noise. But noise they made anyway when global firms such as Google and Amazon were accused of avoiding paying tax on their British sales.

INFOGRAPHICS

HEALTH

SPOTLIGHT

vivo offers big back-to-school discounts at Shopee 8.8 Sale

Hunting for an efficient and affordable electronic device for school will be easier as leading smartphone brand vivo presents big back-to-school discounts on selected...

SPECIAL FEATURES

Setting financial goals in time of crisis

By Chelsey Keith P. Ignacio, Special Features Writer The coronavirus disease 2019 (COVID-19) pandemic have taken unexpected costs from one’s pocket, making numerous people uncertain...

SPECIAL REPORTS

From survival to growth: The BusinessWorld pandemic story

“Any advertising that would tend to draw crowds is to be refrained from,” a notice read, advising business owners to “(a)void crowding your store” and to “(k)eep all clean and sanitary,” while another noted that those “who generally throng the shops at this season of the year are staying home; but, on the other hand, a much bigger business is being done in delivery orders.”(1)
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ARTS & LEISURE

2021 viewership declined, but organizers remain hopeful

THE 2021 CINEMALAYA Independent Film Festival sold 3,800 online tickets (worth P800,000) during its four-week run from Aug. 6 to Sept. 5 — a considerable decline from the 8,000 online tickets (worth P2 million) sold during last year’s festival which ran for just two weeks.   

VELOCITY

Mazda CX-8: As luxe would have it

IT SEEMS only yesterday when midsize sedans were the go-to cars of high-flying corporate executives and professionals. Executive rides like the Toyota Camry, Honda Accord, Subaru Legacy, and Mazda6 were veritable status symbols that took pride of place in country club parking lots.

SPORTS

Bolts mark return with win

THE Meralco Bolts marked their return to Philippine Basketball Association (PBA) action with a victory, 95-83, over the Terrafirma Dyip on Thursday at the Don Honorio Ventura State University (DHVSU) Gym in Bacolor, Pampanga.

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