Decades-long contracts chain Asia to coal-fired power
BELEM, Brazil — Decades-long coal-fired power purchase contracts are slowing the transition to cleaner energy sources in Asia, leading utilities to burn more coal...
Philippines still seeking lower US tariff
GLOBAL TRADE has “responded well” to Washington’s broader relaxation of tariffs, though uncertainty still hangs over the outlook as Manila continues to negotiate the...
Economy likely to grow below target as corruption issues drag on
THE PHILIPPINE ECONOMY will likely grow below target this year and in 2026, as it continues to be weighed down by a global economic...
Customs not giving up on 2025 goal as imports fall
THE BUREAU of Customs (BoC) is holding the line on its P958.7-billion revenue goal for 2025 despite a sharp drop in imports and fewer working days in October that slowed collections, a stance that keeps pressure on the agency as the government grapples with weaker fiscal inflows.
Globe signs P7.6-B loan with Japan’s Mizuho to support capex
GLOBE TELECOM, INC. has signed a ¥20-billion (around P7.6 billion) term loan facility with Mizuho Bank, Ltd., a major Japanese commercial bank, to partially...
Good vibes with a good pig
WE’VE had quite a few good times dining in rather sleepy Marikina, but aside from the odd lugawan, two of our standout experiences were...
Media companies face tempered Q4 prospects as ad spend normalizes
LISTED media companies are heading into a challenging fourth quarter after weaker third-quarter earnings, as the post-election advertising boost dissipated and ad budgets normalized, analysts said, although a modest year-end recovery remains possible on seasonal holiday spending.
Any excuse to come back
OOPS! We missed announcing that Zor Tan, with one Michelin star for his restaurant Born in Singapore, was in town from Nov. 14 to 16 at Solaire’s Red Lantern. Don’t worry, we’ll tell you all about the eight-course dinner he served us at a preview media luncheon on the 13th — besides, he’s always raring to come back here.
Peso edges up vs dollar ahead of US labor data
THE PHILIPPINE peso inched higher against the dollar on Wednesday as investors positioned ahead of September US labor data, which could influence expectations for...
Deloitte sees continued potential in Philippine IPOs
DESPITE only two local initial public offerings (IPOs) this year, the Philippine market raised substantial funds and remains poised for growth within Southeast Asia’s...
Caterer to the stars Juan Carlo celebrates 30th year
CATERER to the stars, Juan Carlo the Caterer celebrated its 30th anniversary last week with an event filled with the country’s brightest artists and...
The Vietnamese economy overtakes the Philippines: From economic strategies to governance and flood control
BEYOND TRADE, structural differences in demographics and education shape both countries’ long-term trajectories.