World Bank urges fresh push on economic threat of pollution
LONDON - Degraded land, polluted air and water stress pose a direct global economic threat but using natural resources more efficiently could cut pollution...
Fed should be independent but has made mistakes, Treasury Secretary Bessent says
ARLINGTON, VirginiaUS - US Treasury Secretary Scott Bessent said on Monday the Federal Reserve is and should be independent but said it had "made...
Israel is committing genocide in Gaza, scholars’ association says
THE HAGUE - The world's biggest academic association of genocide scholars has passed a resolution saying the legal criteria have been met to establish...
US considering White House adviser Yared for IMF post, sources say
WASHINGTON - The Trump administration is considering recommending White House economic adviser Pierre Yared for the No. 2 job at the International Monetary Fund,...
Factory activity growth slows in Aug.
PHILIPPINE manufacturing activity expanded in August but at its slowest pace in two months amid a muted rise in output and new orders as...
Massive revamp looms at DPWH as Marcos seeks thorough graft probe
NEWLY INSTALLED Public Works Secretary Vivencio “Vince” B. Dizon on Monday demanded the mass courtesy resignation of Department of Public Works and Highways (DPWH) officials, as President Ferdinand R. Marcos, Jr. sought a more thorough probe of corruption in big-ticket flood control projects through an independent commission.
BSP to continue easing until 2026 — BMI
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to continue its easing cycle until 2026 amid benign inflation and slowing economic growth, Fitch Solutions’...
Philippine economy now at a ‘sweet spot’ — BSP
THE PHILIPPINE ECONOMY now sits at a “sweet spot” as inflation remains benign while the country’s banking sector and external position are strong, the...
SEC plans revised REIT rules by Q4
THE Securities and Exchange Commission (SEC) is planning to release the revised rules for Republic Act No. 9856, or the REIT Act, by the fourth quarter (Q4).
ACEN completes offload of remaining diesel power assets
AYALA-LED ACEN CORP. has sold its remaining diesel power plants, moving closer to its goal of 100% renewable energy generation by the end of...
Venice Film Festival: Del Toro’s Frankenstein shuns horror for humanity
VENICE — Forget the classic Frankenstein films, where the monster had a flat head, neck bolts, and heavy boots.
The new adaptation of Mary Shelley’s...
PLDT to activate Google laser sites for fiber-like internet
PANGILINAN-LED PLDT INC. is set to activate its three Google Taara laser communication sites, which will bring fiber-like internet connectivity to its customers.
“This is...