Rates to stay ‘higher for longer’ — BSP
THE BANGKO SENTRAL ng Pilipinas (BSP) is unlikely to start policy easing in the next few months and will only consider cutting rates if...
PHL posts BoP deficit of $216M in November
THE PHILIPPINES’ balance of payments (BoP) deficit narrowed to $216 million in November from the $756-million gap a year ago, preliminary data from the...
NG plans to borrow P585B domestically in Q1
THE NATIONAL Government (NG) plans to borrow P585 billion from the domestic market in the first quarter, the Bureau of the Treasury (BTr) said...
MPAV finalizes deal to own 34.76% stake in Axelum
METRO PACIFIC Agro Ventures (MPAV), a subsidiary of Metro Pacific Investments Corp. (MPIC), has finalized a deal to acquire a 34.76% stake in Axelum Resources Corp., a food manufacturing company that exports coconut products, with some payments contingent on achieving specific financial goals.
Tequila’s dignity: A’toda Madre Mezcaleria goes online
A’TODA MADRE MEZCALERIA only meant to make an announcement of its online bottle shop, www.atodamadretequila.com, on Dec. 5. That means that scores of brands...
Manila Water inks P7-B loan deal with LANDBANK for project funding
MANILA Water Co., Inc. has signed a 10-year term loan facility worth P7 billion with state-run Land Bank of the Philippines (LANDBANK) to fund...
Meralco adjusts terms for 1,800-MW capacity procurement
MANILA Electric Co. (Meralco) said it has amended the terms for bidding on the 1,800-megawatt (MW) capacity procurement.
In a media briefing on Tuesday, Jose...
The 20th Grand Wine Experience: A post event review
By Sherwin A. Lao
After what seemed like an almost eternity-long absence for wine enthusiasts like me (when in reality it was only three years), the 20th Grand...
Term deposit yields slip on Fed rate cut bets
YIELDS on the central bank’s term deposit facility dipped on Wednesday after the US Federal Reserve signaled that it would cut rates in 2024.
The...
Dining In/Out (12/21/23)
Favorite restaurants reopen at Shangri-La Plaza
FAVORITE dining destinations are coming back to Shangri-La Plaza mall. Via Mare, Cafe Lyon, and Healthy Shabu-Shabu are reopening...
Sonos speakers now available in PHL
US-BASED audio product brand Sonos has launched in the Philippines its new speakers, the Era 100, Era 300, and Move 2, its local distributor...
We should know better by now
By Marvin Tort
The state of public health emergency due to COVID-19 ended in July 2023 with President Ferdinand Marcos, Jr. issuing Proclamation No. 297. More than...