Apple tax bonanza hands Ireland political, reputational headache

DUBLIN — A European Union (EU) court order that Apple pay Ireland 13 billion euros ($14.4 billion) in back taxes triggered mixed feelings in...

June FDI net inflows at four-year low

PHILIPPINE foreign direct investment (FDI) net inflows sank to an over four-year low in June amid lower placements across all instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

July trade gap widest in 16 months

THE PHILIPPINES in July posted its widest trade deficit since March 2023 as imports grew at their fastest clip in three months, outpacing the uptick in exports, the Philippine Statistics Authority (PSA) reported on Tuesday.

Philippines may miss out on demographic dividend as job creation stays weak

THE PHILIPPINES’ one-year high unemployment rate in July highlights the economy’s inability to absorb workers into the labor force, which may result in the country missing out on the benefits of its demographic “sweet spot,” analysts said.

Airlines call for smooth NAIA terminal transition; NNIC assures gradual shift

IMPLEMENTING terminal reassignments at Ninoy Aquino International Airport (NAIA) will need adequate time to ensure a smooth transition and minimal disruption to passengers, local...

DMCI Power pushes SPUG exclusion from coal ban

DMCI Power Corp., a subsidiary of DMCI Holdings, Inc., is pushing for the exclusion of Small Power Utilities Group (SPUG) power plants, operated by...

Works by Philippine masters, pillars of contemporary art up for auction

THIS SEPTEMBER, rare creations by 19th century masters and contemporary artists of the 1950s up to the ’80s can be acquired through Salcedo Auctions. Some...

The many colors of love and death in Once on This Island

ON A TROPICAL French Antilles island in the 1920s, young peasant girl Ti Moune falls in love with a wealthy boy, Daniel Beauxhomme.

Angkas founder eyes expansion of four-wheel service Angcars

DBDOYC, Inc., operator of the Angkas ride-hailing app, is eyeing an expansion of its four-wheel service Angcars beyond Metro Manila, its founder said. “There will...

‘Sustainable mining’ is not an oxymoron

By Bernardo M. Villegas
There are extremists among environmentalists who mouth the slogan “Sustainable mining is an oxymoron.”

Arts & Culture (09/11/24)

IN CELEBRATION of National Teachers’ Month (NTM), Primetrade Asia is giving teachers a free pass to the Manila International Book Fair (MIBF) which runs from Sept. 11 to 15 at the SMX Convention Center in Pasay City.

Making public money work for the people: Idleness of funds is idleness in service 

By Victor Andres C. Manhit
The Department of Finance (DoF), under Secretary Raphael Recto, has issued Department Circular No. 003-2024, reallocating unused funds from the Philippine Health Insurance Corp....
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