Economy expands at 6.8% in the first quarter
The Philippine economy grew 6.8% in the first quarter of 2018, the Philippines Statistics Authority (PSA) reported this morning.
The January-March gross domestic product (GDP)...
Weak trade data add to growth risks
By Mark T. Amoguis
Researcher
THE Philippine economy -- whose first-quarter performance will be reported today -- could not rely on trade as sales abroad of...
BSP seen introducing back-to-back rate hikes
By Melissa Luz T. Lopez
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) will have to introduce back-to-back rate hikes as inflation is seen to trend...
IMF not too worried about FX pressure in PHL
HONG KONG -- The International Monetary Fund is not too worried about recent selling pressure on assets in Indonesia and the Philippines as it...
Malls drive SMIC income 10% higher in Q1
SM INVESTMENTS Corp. (SMIC) grew its consolidated net income by 10% to P8.5 billion in the first quarter, driven by its shopping malls, real...
Jollibee invests in Tim Ho Wan franchise for Asia Pacific
By Arra B. Francia, Reporter
JOLLIBEE Foods Corp. (JFC) will be investing S$45 million, or around P1.74 billion, on the private equity fund that bought...
JFC shuts delivery websites due to vulnerabilities
JOLLIBEE Foods Corp. (JFC) on Wednesday took down the delivery websites of its flagship brand, as well as Chowking, Red Ribbon and Greenwich, after...
Farm to table dining at The Pen
By Joseph L. Garcia, Reporter
DON’T YOU just sometimes fantasize about throwing everything away and moving somewhere to start a farm? Well, if that fantasy...
Say ‘thanks Mom’ with a meal (or a spa date)
MOM’S COOKING is always best, but now its her turn. Here are a few treats from hotels to give your mother a day off...
Strong demand drives TDF yields down
By Melissa Luz T. Lopez, Senior Reporter
BANKS CROWDED shorter tenors during this week’s auction of term deposits, driving yields down ahead of an expected...
These bad new pink wines prove that Rosé has gone too far
By Elin McCoy, Bloomberg
NO MATTER what you do or where you go this summer, you won’t escape rosé. The pink boom just keeps expanding....
LANDBANK income up 52%
Land Bank of the Philippines (LANDBANK) saw its net income surge in the first quarter, supported by strong growth in loans.
The state-run lender said...