Meralco rates climb in December
TYPICAL households in areas served by Manila Electric Co. (Meralco) will have to tighten their belts this month, as the power distributor has announced an increase in electricity rates. …
Category: Business
Most Filipinos expect inflation to continue to rise — survey
MOST FILIPINOS see inflation rising over the next year and do not expect the pace of price increases to normalize anytime soon, according to a survey by Ipsos. In …
World Bank trims Philippine GDP growth outlook to 5.9%
THE WORLD BANK has trimmed its growth forecast for the Philippines for this year but still expects strong growth in the medium term. At the same time, the multilateral …
LVMH’s Bernard Arnault Squares Off With Filmmaker in Paris Court
Bernard Arnault, the head of LVMH, squared off with a documentary maker in a case of espionage gone wrong, a showdown that had been brewing for years. Source link
FDI inflows sink to over 4-year low
NET INFLOWS of foreign direct investments (FDI) fell to their lowest level in over four years in September, data from the Bangko Sentral ng Pilipinas (BSP) showed. Source link
Worker protection in PHL lacking
LEGAL FRAMEWORKS are missing to protect workers in the Philippines from emerging problems, such as job loss due to digitization, an academic said, citing that government structures are not …
P13.3-B foregone revenues seen
THE PHILIPPINE government’s decision to cut tariffs on rice amid low supply and soaring prices has resulted in P13.3 billion in foregone revenues to date, according to the Bureau …
Congress urged to restore PhilHealth budget
A GROUP has urged Congress to restore the funding it cut from the Philippine Health Insurance Corp.’s (PhilHealth) budget next year as lawmakers finalize this next year’s national spending …
Marcos orders better traffic control during holidays
PRESIDENT Ferdinand R. Marcos, Jr. on Tuesday urged the Toll Regulatory Board (TRB) and NLEX Corp. to double their efforts to come up with traffic management strategies ahead of …
Marcos gov’t to prioritize cybersecurity measure
A BILL that seeks to boost Philippine cybersecurity has been added to the Marcos government’s list of priority measures, according to the Department of Information and Communications Technology (DICT), …