Why High Pay Day matters
<?xml encoding="utf-8" ??>Have you ever wondered how long it would take a CEO to make the UK’s average yearly salary? High Pay Day marks the moment at the start of the year when median pay for a FTSE 100 CEO surpasses
Philippine growth best since 1976
PHILIPPINE STAR/ MICHAEL VARCASBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINES weathered record inflation and interest rate increases last year by posting the fastest economic growth since 1976 — one of the strongest in Asia amid a dreary global outlook.Economic
Report cites overcrowded Philippine oil market
PHILIPPINE STAR/ MIGUEL DE GUZMANPHILIPPINE DEMAND for oil would probably grow at an average 3.4% between 2022 and 2031, according to Fitch Solutions Country Risk and Industry Research, citing the country’s overcrowded market.“Net imports are anticipated to grow at around
December trade gap widens; full-year deficit hits record
PHILIPPINE STAR/ EDD GUMBANTHE PHILIPPINE trade deficit widened in December from the previous month after exports declined to the lowest in more than two years, while imports continued to fall for the second straight month, the Philippine Statistics Authority (PSA)
Monde Nissin to buy 15% stake in Figaro Coffee
By Justine Irish D. Tabile, ReporterMONDE Nissin Corp. is acquiring a 15% stake in Figaro Coffee Group, Inc. (FCG) for around P820.27 million in a move analysts see as helping expand the companies’ business reach.“We are excited with the opportunity
Manila Water earmarks P37B for water treatment projects
MANILA WATER Co., Inc. announced on Thursday a P37.3-billion investment in its wastewater master plan, which covers the construction of treatment facilities and a sewer network across the Marikina River, San Juan River, Pasig River, and Laguna Lake.“These wastewater projects
SEC warns against six investment-taking entities
THE Securities and Exchange Commission (SEC) in separate advisories warned the public against the investment-taking activities of six entities that are not registered as a corporation or a partnership.The commission identified them as PPG Investment Group, Livewell Multi-Ventures, BlackRock, Perfx
ABS-CBN eyes Malaysian audience
PHILIPPINE STAR/ BOY SANTOSLISTED media company ABS-CBN Corp. said it hopes to expand its audience reach in Malaysia through a partnership with a local digital radio platform.The media company announced the launch of MYX Radio, MORe, and TeleRadyo on Malaysia’s
Megawide unit bags 3 more PHirst Park Homes projects
LISTED infrastructure company Megawide Construction Corp.’s precast unit has bagged three new supply-and-build contracts with residential developer PHirst Park Homes, Inc. (PPHI), a company official announced on Thursday.The precast business unit will supply precast materials for housing projects in three
SC partially grants Chevron Holdings’ refund claim
PHILSTARThe Supreme Court (SC) has partially granted Chevron Holdings, Inc.’s tax refund claim to the modified amount of P1.14 million representing its excess input value-added tax (VAT) traced to zero-rated sales for the fiscal year 2006.In a 30-page decision dated