THE COMING YEAR will likely remain challenging for Philippine banks as they may face continued tepid loan growth and downside risks to profitability, an analyst from a debt watcher said.

DURING these extraordinary times, Ballet Philippines’ passion burns bright to keep dance and the arts alive.

STOCKS ended in green territory on Tuesday following positive developments on a coronavirus disease 2019 (COVID-19) vaccine candidate and bargain hunting.

THE HOUSE of Representatives and the Senate on Tuesday assured the 2020 national budget will not be reenacted as both chambers target ratification of the P4.5-trillion spending plan for 2021 by next week.

THE DEPARTMENT of Health (DoH) reported 1,298 coronavirus infections on Tuesday, bringing the total to 432,925.

A CAMPAIGN to raise the investment threshold beyond P1 billion before a project can go before the Fiscal Incentives Review Board (FIRB) would weaken tax reform by removing many investments from scrutiny, according to Action for Economic Reforms (AER), a policy think tank.

SOUTHEAST ASIA could lose up to $322.2 billion in economic output next year due to the continuing fallout from the pandemic, with the Philippines among the leading losers in the tourism and services industries, the Asian Development Bank (ADB) said.

POWER generating capacity from coal-fired plants is expected to rise 135% after all plants currently being built become operational, after a moratorium on new builds was declared last month, Clean Air Asia (CAA) said in a report.

Into the “next normal,” the usual way of doing things cannot suffice. Our attitudes, the way we behave, and how we put things into perspective matter.

I guess you could say that the kind of people and nation we become is largely determined by the kind of people we admire. Because of the power of the media, in general, our people tend to look up to celebrities, whether famous or notorious. This can be seen in the kind of leaders we elect, and the kind of careers our children aspire for.

With the Philippine economy battling a raging pandemic, there is a great imperative to help business entities weather the crisis by easing the process of doing business. Cognizant of this, the Anti Red Tape Authority (ARTA) issued Memorandum Circular No. 6 Series of 2020 which provides for the guidelines on the issuance of permits and licenses under the “new normal.”

MOODY’S Investors Service said on Monday that most sovereigns face a “significant negative shock” from the coronavirus pandemic and that recent developments in vaccine trials have not changed the rating agency’s forecasts.