BSP sees Nov. inflation at 7.4-8.2%
Shoppers look for items at a supermarket in Quezon City, Oct. 16. — PHILIPPINE STAR/ MIGUEL DE GUZMANBy Keisha B. Ta-asan, ReporterHEADLINE INFLATION may have settled within the 7.4% to 8.2% range in November due to higher electricity rates and
PHL plans retail dollar bond issue in 1st quarter
REUTERSTHE GOVERNMENT is planning to launch a US dollar retail Treasury bond issue in the first quarter of 2023, Finance Secretary Benjamin E. Diokno said on Wednesday.“We’re launching first quarter of next year… We’re still finalizing the terms,” Mr. Diokno
Lending growth in October fastest in nearly 4 years
DESPITE RISING interest rates, bank lending expanded in October at the fastest pace in nearly four years, the Bangko Sentral ng Pilipinas (BSP) said.Outstanding loans by big banks, net of reverse repurchase (RRP) placements with the central bank, jumped by
Tech to drive home-sharing business after Airbnb survives COVID
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre Museum in Paris, France, March 12, 2019. — REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterREGINA G. DE DIOS, a 58-year-old Filipina entrepreneur who
Why airline food is bland and what it takes to counter this
1 of 3FOR decades airline food has been the easy butt of jokes for its blandness. Its status can be explained by science: in a 2011 article from the Fraunhofer Institute for Building Physics IBP in Holzkirchen, the research institute
Clear rules and transparency seen to improve PPPs
ART TUGADE FACEBOOK PAGECLARITY of rules, transparency of the process, and clear role designations are seen to help in improving public-private partnerships (PPPs) and entice more private companies to collaborate in various infrastructure projects.“We have already established the basic foundation
Wine-loving France gets a taste for the alcohol-free
1 of 2PARIS — When a pandemic lockdown kept the French indoors in 2020, Augustin Laborde decided to give up wine but struggled in Paris to find a non-alcoholic alternative.Two years later, Mr. Laborde has opened what he says is
ICTSI plans to revive Iloilo port development proposal
LISTED port operator International Container Terminal Services, Inc. (ICTSI) said it plans to revive its proposal to develop and operate the Iloilo Commercial Port Complex as part of its goal to help the government in improving the country’s port network.“We
What makes American meat great
1 of 4IT’S NOT every day that the United States Ambassador to the Philippines opens up their house for a barbeque, so it was quite easy for us to say “yes” to their invitation for a Holiday Hoedown-themed Great American
AboitizPower turns on battery energy storage system in Davao de Oro
ABOITIZ Power Corp. (AboitizPower) announced on Wednesday that its unit’s 49-megawatts (MW) battery energy storage system (BESS) in Maco, Davao de Oro is now operational.“AboitizPower sees battery technology as a great opportunity to address concerns about the reliability, affordability, and