Spending risks in focus at DBCC meeting

ECONOMIC MANAGERS will discuss in a meeting next month of the Development Budget Coordination Committee (DBCC) ways to mitigate the economic impact of a partially reenacted budget and the public works ban ahead of the May 13, 2019 midterm elections, the chairman of the interagency body said on Wednesday.

Production spurred by infrastructure build expected to propel Philippines up ranks of biggest economies

THE PHILIPPINES can be expected to close in on the top 10% of the world’s major economies in the next 15 years, partly as improved infrastructure spurs overall economic growth, according to a London-based consultancy.

ANZ Research sees smaller PHL trade deficit next year

THE PHILIPPINES will likely see a narrower external trade gap in 2019, a global bank said, citing help from falling oil prices in the world market.

No ghosts are needed when the monsters are real

By Nickky F.P. de Guzman, Reporter Movie Review Aurora Directed by Yam Laranas EVEN WITHOUT the ghosts in it, Metro Manila Film Festival’s Aurora is a horror story:...

It takes a century to make this drink

THERE have been just a handful of “cellar masters” who have created Remy Martin’s Louis XIII, the liquor Paul-Emile Remy Martin began to make in 1874, and which was named to honor French king. Cellar masters are tasked to choose the best eaux-de-vie, or “water of life,” the selection of blends from which to create a Louis XIII. To do this, they must sift through an extensive range of choices, sampling the various eaux-de-vie produced by winegrowers and distillers around Grande Champagne in Cognac each year, and setting aside those which they deem as having the best potential for aging.

It happened one night

FILIPINOS love love stories, So it comes as no surprise that this year’s Metro Manila Film Festival had three romantic entries: Mary, Marry Me by Paul Soriano, One Great Love by Eric Quizon, and the focus of this review, The Girl in the Orange Dress by Jay Abello.

Manila Water-led group bags Nueva Ecija project

MANILA WATER Co., Inc. and its two consortium partners have been awarded a 25-year contract to develop the water district of San Jose City in Nueva Ecija, the Ayala-led listed company said on Wednesday.

Converge ICT eyes IPO in next 5 years

CONVERGE ICT Solutions, Inc. said it is looking to tap more sources of funding for its expansion plans, which includes an initial public offering (IPO) within the next five years.

Thrift banks’ bad loans expand at end-October

SOURED DEBTS held by thrift banks continued to climb in October, latest central bank data showed, with reserves for possible losses enough to cover just half the amount.

Innovation needed to combat cyber attacks via gig economy

EDUCATION AND innovation are needed in staying ahead of cyber attackers in the emerging gig economy, said content delivery network (CDN) and cloud service provider Akamai Technologies, Inc.

Co-working spaces seen to grow by 10% — Colliers report

FLEXIBLE WORKING spaces in the Philippines are seen to grow by 10% annually over the next three years, as micro, small, and medium enterprises (MSMEs), multinational companies, and outsourcing firms continue to expand, Colliers International said.

BoJ divided over effects of easy policy — minutes

TOKYO — Bank of Japan (BoJ) policy makers disagreed on the feasibility of allowing bond yields to move more flexibly around the central bank’s zero percent target, reflecting division within the board on how to address the growing dangers of prolonged easing, minutes of their October rate review showed on Wednesday.