NG debt rises in April on weak peso
THE NATIONAL Government’s (NG) outstanding debt returned to the P15-trillion level as of end-April due to the weaker peso, the Bureau of the Treasury (BTr) said.
Peso slumps to near 19-month low
THE PESO sank to a near 19-month low on Thursday due to a strong dollar as US Treasury yields surged amid a hawkish US...
BSP needs to keep policy ‘tighter than before’ — HSBC
THE BANGKO SENTRAL NG Pilipinas (BSP) may need to keep rates higher for longer or even hike rates further to cool inflation, HSBC said.
This...
Chemical Industries shifts to real estate, merges with 6 firms
CHEMICAL Industries of the Philippines, Inc. is changing its name to Uniholdings, Inc. and will merge with six companies as part of its shift...
Megaworld tapped by PEZA to develop and operate Arcovia City
THE PHILIPPINE Economic Zone Authority (PEZA) has signed a registration deal with Megaworld Corp., making it the developer and operator of the Arcovia City...
ERC approves Alsons contract for power reserves
THE ENERGY Regulatory Commission (ERC) has provisionally approved a deal that would allow Alsons Consolidated Resources, Inc. to implement its new contract for power reserves.
BPI looks to increase share of sustainability in loan portfolio
BANK of the Philippine Islands (BPI) is working on ramping up the share of sustainability initiatives in their overall lending portfolio, even as it...
Sony in talks to buy Queen’s music catalog in potential $1-billion deal
SONY MUSIC is in talks to acquire Queen’s music catalog, which includes hits such as “Bohemian Rhapsody,” in what could be one of the...
Banks ramp up spending on cybersecurity as attacks rise
PHILIPPINE BANKS are ramping up their spending on cybersecurity as threat actors target financial consumers, industry officials said.
“The banks are investing so much, especially...
Filipino idol search expands the realm of K-pop
SBTOWN, a Filipino entertainment company known for bringing the P-pop boy group SB19 to life, has announced auditions for the next Filipino K-pop singer,...
Entertainment News (05/31/24)
TO SHOP like the French, Filipinos can visit Paseo de Roxas in Makati on June 1 and 2 for Goût de France. The first day starts at 4 p.m. and runs until midnight. From 5-7 p.m., the Ecole Ducasse will hold a cooking demo with chef Marc Chalopin.
The battle against disinformation
By Benel D. Lagua
Disinformation in the Philippines is a significant and pervasive issue that affects various aspects of society, from politics to public health. The widespread use...