Debt service bill falls nearly 35% in first 2 months
THE external debt service bill fell 34.9% in the first two months following a sharp decline in principal payments, the central bank said, citing...
CITEM bats for budget parity with tourism promotion agency
THE Department of Trade and Industry’s Center for International Trade Expositions and Missions (CITEM) said it is seeking additional funding next year to expand...
Frasco likens impact of proposed ASEAN visa to Schengen scheme
TOURISM Secretary Ma. Esperanza Christina G. Frasco said she hopes that a proposed ASEAN visa will encourage multiple-destination stops by visitors to the region,...
Aboitiz Construction sees 93% of Labor Day applicants as hireable
ABOITIZ Construction, Inc., the construction arm of the Aboitiz Group, said about 93% of the job applicants at its Labor Day recruitment activity are...
Navigating an AI-enabled business landscape
By Lee Carlo B. Abadia
Artificial intelligence (AI) presents both opportunities and challenges for organizations. While there is pressure to adopt AI quickly to stay competitive, risks and capability gaps can hinder swift action.
Wholesale prices growth of building materials in Metro Manila rise in April
Wholesale price growth of construction materials in the National Capital Region (NCR) rose in April, the Philippine Statistics Authority (PSA) reported on Friday.
The construction...
Samsung investment decision awaiting talks on power rates
THE GOVERNMENT is currently negotiating power rates with Samsung Electronics that will help determine whether the South Korean multinational pursues an over $1-billion investment...
PHL, S. Korea sign deals on critical minerals, EVs
TRADE Secretary Ma. Cristina A. Roque signed a strategic partnership agreement involving critical minerals and electric vehicles (EVs) with South Korean Minister for Trade,...
Hog industry lobbied for pork MSRP removal — DA
THE Department of Agriculture (DA) said on Thursday its decision to discontinue the maximum suggested retail price (MSRP) scheme for pork was the result...
Visitor arrivals of 6 million seen possible in 2025 — leisure analyst
THE PHILIPPINES can hit visitor arrivals of 6 million this year, even with its key source markets roiled by currency volatility, Leechiu Property Consultants...
Puregold sees Vis-Min expansion helping more small businesses
PLANS to expand in the Visayas and Mindanao will help encourage the growth of small businesses, supermarket chain Puregold Price Club, Inc. said.
Puregold Vice-President...
SC ruling nullifying LGU mining bans sets bad precedent — environmentalists
A SUPREME COURT (SC) ruling striking down local-government mining bans sets a bad precedent for conservation, according to environmental groups.
