Home Tags Featured2
THE Philippine government, through the Department of Finance (DoF), and the Asian Development Bank (ADB) on Friday signed a total of $623 million worth of loans to finance feasibility studies for infrastructure projects, to further boost the competitive market and to provide more employment opportunities for the youth.
A LEGISLATOR has called for an investigation on the controversies involving the use of funds for the hosting of the 30th Southeast Asian (SEA) Games that was concluded Dec. 11.
THE PHILIPPINE Economic Zone Authority (PEZA) clarified on Friday that the manufacturing plant that burned down early December is not a PEZA-registered firm nor is it located within the Cavite Economic Zone (CEZ).
SUGAR PRODUCTION in the Philippines for crop year 2019/2020 is projected to reach 2.1 million tons amid higher domestic consumption and as local prices remain higher than global levels, Fitch Solutions Macro Research said in its industry trend analysis.
THE PHILIPPINE Competition Commission (PCC) has approved the full acquisition of Hitachi Terminals Mechatronics Philippines Corp. by Japanese firm Mikuni Toyo Co., Ltd. as the transaction is not seen to lessen competition in the domestic market.
MANILA WATER Company, Inc. and Maynilad Water Services, Inc. called on the National Water Resources Board (NWRB) to maintain the minimum allocation to the concessionaires at 40 cubic meters per second (CMS) until the summer months to allow them to maintain their level of service to their customers.
APPLE INC.’s television news drama The Morning Show scored three Golden Globe nominations on Monday, putting the iPhone maker in the running for its first major Hollywood awards as a new player in the crowded streaming entertainment market.
LOS ANGELES — Bombshell, a drama about sexual harassment allegations at Fox News, led the movie nominees for the Screen Actors Guild (SAG) Awards on Wednesday and will compete for the top prize of best cast.
THE THRIFT BANKING arm of Ayala-led Bank of the Philippine Islands (BPI) has been awarded the top credit rating by a local debt watcher for its P35-billion bonds.
WASHINGTON -- The Business Roundtable, a trade group of top US chief executives, announced Wednesday its members backed the revised US-Mexico-Canada (USMCA) trade deal after negotiators brought the hard-won agreement across the finishing line.
SYDNEY — Westpac Banking Corp. on Thursday became the biggest Australian company to have shareholders vote down its executive pay for a second year, at a marathon annual meeting dominated by investor outrage over a child exploitation payments scandal.
TOYOTA Motor Corp. on Wednesday said its North America chief executive, Jim Lentz, would retire on April 1, and tasked the unit’s chief operating officer, Tetsuo “Ted” Ogawa, with navigating an industry shift to electrification and automation.
FITCH SOLUTIONS Macro Research said the narrowing of the Philippines’ current account deficit, largely due to plummeting import demand, has led it to cut its estimates for the current account-to-Gross Domestic Product (GDP) ratio in 2019 and 2020.
AUSTRALIAN companies are seeking “clarity” on legislation proposing to reduce the corporate income tax (CIT) and streamline fiscal incentives, now pending before the 18th Congress.
JUSTICE Secretary Menardo I. Guevarra ruled out conflict of interest in the government’s review of contracts with water companies, saying it was he who had led the review.
METRO PACIFIC Hospital Holdings, Inc. (MPHHI) is taking a majority stake in the operator of a 100-bed hospital in Butuan, Mindanao.
BENGALURU — A February Reserve Bank of India (RBI) rate cut is on a knife’s edge, with just under half of economists polled expecting easing at that meeting, and is highly likely by the middle of next year, according to a Reuters poll.
EVERYONE KNOWS you can enjoy wonderful meals in cities such as Paris, New York, London, and Tokyo. But what of other dining destinations, with fabulous dishes that are more likely to be found in casual bars or bistros than in fancy restaurants?
FROM Burger King’s Impossible whoppers to Dunkin’ Beyond Meat sausage breakfast sandwiches, fast food may drive the conversation when it comes to a meatless future. But a quieter revolution is happening at the highest ends of the restaurant world: The number of courses that highlight beef, pork, lamb, and poultry are dwindling at places where a $200 tasting menu is a bargain.
BANANA exports totaled 3.593 million metric tons (MT) in the first 10 months of 2019, up nearly 41% from a year earlier, the Philippine Statistics Authority (PSA) said.
During the Prohibition Era (1920--1933) in the United States, when the sale, manufacture, and transportation of alcoholic beverages was illegal throughout that country, illicit or hidden establishments emerged to illegally sell or serve liquor. Such a club or bar, called a speakeasy (or a blind pig or a blind tiger) became very popular among both the rich and poor.
“Adam Smith said people who intend only to seek their own benefit are ‘led by an invisible hand to serve a public interest which was no part of their intention. I say that there is a reverse invisible hand: People who intend to serve only the public interest are led by an invisible hand to serve private interests which was no part of their intention.” -- Milton Friedman, “Why Government is the Problem”, Essays in Public Policy, no. 39. Stanford, California: Hoover Institution Press, 1993.
CHOOKS-To-Go’s mission of helping promote nationalism through sports got added dimension with its recently inked partnership with the Maharlika Pilipinas Basketball League (MPBL).
FOREIGN DIRECT INVESTMENTS (FDI) -- a key generator of gainful jobs -- notched their biggest net inflow in five months in September which nevertheless was down annually for the seventh month in a row, according to data which the Bangko Sentral ng Pilipinas (BSP) released on Tuesday.
LATEST government trade data showed imports declining at their fastest pace in seven-and-a-half years in October while exports were flat, the Philippine Statistics Authority (PSA) reported on Tuesday.
BRITAIN’S billionaire Reuben brothers turn out to be the owners of a mysterious investment firm that has popped up in one of the biggest art scandals in recent history.
BANK OF THE Philippines Islands (BPI) will suspend its partnership with the remittance arm of Westpac Banking Corp. after the Australian lender got involved in a money laundering scandal.