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Christmas comes early to cacao land

December 25, 2023
Business
 Manuel Cayon
Davao region farmers cement their slot among the world’s best cacao producers, making the South
the country’s chocolate paradise.

Read More

CA junks damage suit filed by Sobrepeña vs BI officials who offloaded him in 2013

December 25, 2023
Business
 Joel R. San Juan

THE Court of Appeals (CA) has affirmed the ruling issued by a  Pasig  City court which junked the civil damages suit filed by businessman Robert Sobrepeña against several Bureau of Immigration (BI) officials who were resp...
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SC: All set for Judiciary Marshals Office’s start of operations in 2024

December 25, 2023
Business
 Joel R. San Juan

THE Supreme Court’s Office of the Judiciary Marshals (SC-OJM) is eying to start its operation by the first quarter of next year. 
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Lacson: Nonveto of ₱450-billion unprogrammed fund hike in 2024 budget sets bad precedent’

December 25, 2023
Business
 Butch Fernandez

SEN. Panfilo Lacson said Friday the non-veto of a controversial P450 billion item tucked in additional “Unprogrammed Appropriations” in the 2024 budget could set a “bad precedent,” as he aired concerns over its impact on efforts to keep the ...
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Romualdez lauds PBBM for ₱170-B actual investments from Japan visit

December 25, 2023
Business
 BusinessMirror

SPEAKER Martin Romualdez on Friday congratulated President Ferdinand Marcos Jr. for the successful outcomes of his Japan visit earlier this year, and vowed support in helping local enterprises in pursuing the business leads that these spawned.
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‘Polong’ Duterte bill expands PWD job slots mandate to private sector

December 25, 2023
Business
 BusinessMirror

DAVAO City 1st District Representative Paolo Duterte has proposed a measure to make it compulsory for private enterprises with more than 100 employees to allot at least one percent of their total positions to qualified persons with disabilities (PWDs).
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NFW distributes Christmas goodies to troops in WPS

December 25, 2023
Business
 Rex Anthony Naval

NAVAL Forces West (NFW) has facilitated the distribution of Christmas goodies and other essential supplies to the troops and communities located in the West Philippine Sea.
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PHL imports 120,000 MT onions, garlic to fill local need–BPI data

December 25, 2023
Business
 Jasper Emmanuel Y. Arcalas

THE Philippines has imported almost 120,000 metric tons (MT) of onions and garlic to augment its domestic supply to meet its domestic requirement for the spices, latest Bureau of Plant Industry (BPI) data showed.
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Villafuerte hopes DA’s Laurel will pick up proposal to let government sell rice at P20 a kilo

December 25, 2023
Business
 BusinessMirror

A HOUSE leader expects Agriculture Secretary Francisco Tiu Laurel Jr. to continue interacting with the governors of the country’s biggest palay-growing provinces on how to dramatically boost the domestic supply of rice and pull down the retail cost of...
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DA tags 12 more provinces avian influenza-free this year

December 25, 2023
Business
 BusinessMirror

THE Philippines declared 12 provinces free from avian influenza (AI) this year, bringing to 14 the total number of areas that have recovered from the transboundary animal disease.
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Rice prices scale fresh 15-year high as supply risks linger

December 25, 2023
Business
 Bloomberg News

Rice prices reached a fresh 15-year high on mounting concerns that increased demand and the impact of El Niño will further tighten supplies of the grain that is a staple for billions across Asia and Africa.
Read More

Breaking down the AI chatbot frenzy: 4 crucial insights from 2023

December 25, 2023
Business
 Eric Smalley | The Conversation

Within four months of ChatGPT’s launch on November 30, 2022, most Americans had heard of the AI chatbot. Hype about—and fear of—the technology was at a fever pitch for much of 2023.
Read More

Amid RE’s gains, power sector faces tough hurdles next year

December 25, 2023
Business
 Lenie Lectura




THIS year’s push for renewable energy (RE) transition has undeniably made progress, but next year appears to be tougher for the power sector as experts warned that the El Niño phenomenon will persist until the second quarter.
Read More

Exporters group says electronics sector key to 5%-6% PHL export growth in 2024

December 25, 2023
Business
 Andrea E. San Juan

THE country’s exports could grow 5 to 6 percent in 2024, with the electronics sector as the growth driver, according to an official of the Philippine Exporters Confederation Inc. (Philexport).
Read More

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

December 25, 2023
Business
 Paul Wiseman & Ken Sweet | The Associated Press




The tide turned against inflation. Artificial intelligence went mainstream—for good or ill. Labor unions capitalized on their growing might to win more generous pay and benefits.
Read More

‘No order yet to study economic Charter change’

December 25, 2023
Business
 Cai U. Ordinario

REMOVING economic restrictions in the Constitution could allow the country to take advantage of economic opportunities in the next few years, according to the National Economic and Development Authority (Neda).
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Creation of OSAPIEA will speedup development plan’s pace–Neda chief

December 25, 2023
Business
 Cai U. Ordinario

MALACAÑANG’S decision to create the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) could improve the country’s chances of attaining the Philippine Development Plan (PDP).
Read More

Peza targets ₱202 billion-₱250 billion worth of investments in 2024

December 25, 2023
Business
 Andrea E. San Juan

THE Philippine Economic Zone Authority (Peza) said it wants to achieve P202 billion to as much as P250 billion worth of investments in 2024. It described this goal as the level of investment approvals posted by the agency during the leadership of a fo...
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Business priorities as we move into 2024

December 25, 2023
Business
 Henry J. Schumacher

THERE is no question that being a CEO is a tough job and is getting tougher all the time. Here are some priorities that executives should follow as we move into 2024:
Read More

Why the Chinese are successful in business

December 25, 2023
Business
 Joseph Araneta Gamboa

SINCE the start of the 21st century, Filipino Chinese businessmen have dominated Forbes Asia’s list of the “Philippines’ 50 Richest” in terms of net worth. Every year, the list is being compiled using financial information obtained from the stock exch...
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‘2023 good year for real estate sector’

December 25, 2023
Business
 VG Cabuag

REAL estate broker Leechiu Property Consultants Inc. said capital values across Metro Manila’s main commercial districts have sustained their levels despite local and global headwinds throughout the year.
Read More

Petron to end year with ₱12 billion income

December 25, 2023
Business
 Lenie Lectura

THE country’s lone oil refiner may end the year with P12 billion in net income, double from last year’s P6.7 billion, Petron Corp. President Ramon S. Ang said.
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Prime Energy to park hefty cash in Malampaya project

December 25, 2023
Business
 Lenie Lectura

RAZON-led Prime Energy Resources Development B.V. (Prime Energy) is allocating next year at least 31 percent of the planned $600-million work program investment for the Malampaya gas field.
Read More

Meralco eyes securing supply for Summer 2024

December 25, 2023
Business
 Lenie Lectura

THE Manila Electric Co. (Meralco) wants to secure at least 650 megawatts (MW) of power supply intended for the summer months of 2024.
Read More

BYD picks Hungary for first European electric-car plant

December 25, 2023
Business
 Bloomberg News

BYD Co. plans to build its first European car factory in Hungary, part of a push by the Chinese electric-vehicle powerhouse to challenge Tesla Inc. as the dominant maker of battery-powered cars.
Read More

Adidas, Puma dive as Nike sees weaker sales, job cuts

December 25, 2023
Business
 Bloomberg News

SHARES in the biggest global sportswear brands tumbled after Nike Inc. said it would slash jobs in response to weaker sales.
Read More

SMC nears BESS projects completion

December 25, 2023
Business
 Lenie Lectura

THE power unit of conglomerate San Miguel Corp. (SMC) is set to complete next month its 32 battery energy storage system (BESS) projects with a combined capacity of 1,000 megawatt hours (MWh).
Read More

Beauty and excellence

December 25, 2023
Business
 Miss Charlize




THE wonderful world of Philippine pageantry had an early, pretty little Christmas.
Read More

Israel pushes for control in northern Gaza as health authorities and the Israeli military report mounting death tolls

December 24, 2023
International
 International: Top News And Analysis
U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu discussed the "objectives and phasing" of Israel's military operations.
Read More

U.S. tensions with China are fraying long-cultivated academic ties. Will the chill hurt American interests?

December 24, 2023
International
 International: Top News And Analysis
The number of Chinese students in the United States is down, and U.S.-Chinese research collaboration is shrinking.
Read More

General Assembly approves $3.59 billion UN budget for 2024

December 24, 2023
International
 UN News - Global perspective Human stories
The General Assembly has approved a $3.59 billion budget for the United Nations for 2024, including the establishment of a special account to finance the Organization’s peacebuilding fund.
Read More

NCAA: As Mapua stint ends, Warren Bonifacio grateful to ‘father’ coach Randy Alcantara

December 24, 2023
News
 GMA News Online / Sports
As Warren Bonifacio wrapped up his stint with Mapua, where he has been playing since high school, the big man was most grateful to Alcantara whom he considered as a father.
Read More

Carol of the Bells: How Ukraine independence song became a Christmas classic

December 24, 2023
Entertainment
 GMA News Online / Lifestyle
The catchy tune of "Carol of the Bells" may sound instantly familiar and evoke Christmas movies such as "Home Alone," but those humming along may have little inkling to the music's origins.
Read More

Sam Altman’s Knack for Dodging Bullets—With a Little Help From Bigshot Friends

December 24, 2023
International
 WSJ.com: WSJD
The OpenAI CEO lost the confidence of top leaders in the three organizations he has directed, yet each time he’s rebounded to greater heights.
Read More

Clifford Jopia glad to have found a ‘second chance’ in career at San Beda

December 24, 2023
News
 GMA News Online / Sports
San Beda took a chance on Clifford Jopia and the latter was just delighted to repay their trust as the Mendiola squad defied Mapua University to reclaim the NCAA throne. 
Read More

Viy Cortez gifts parents a new car for Christmas

December 24, 2023
Entertainment
 GMA News Online / Lifestyle
Viy Cortez is one happy daughter as she gifted her parents a new car for Christmas.
Read More

PewDiePie, Baby Bjorn are the sweetest father-son duo

December 24, 2023
Entertainment
 GMA News Online / Lifestyle
Social media personality PewDiePie and son Bjorn had their adorable father-son moment! 
Read More

Rain, cloudy conditions expected across Luzon

December 24, 2023
News
 GMA News Online / SciTech
The Cagayan Valley, Cordillera Administrative Region, Aurora, and Quezon would experience cloudy conditions and rain, PAGASA said in its Sunday afternoon forecast.
Read More

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