THE growth in the country’s domestic liquidity (M3) and loans of universal and commercial banks (U/KBs) remained a “bright spot” for Philippine economic performance, according to a local economist.
The post Growth in M3, bank loans ‘bright spot’ in PHL...

THE Department of Budget and Management (DBM) said the International Monetary Fund (IMF) is supporting the Maharlika Investment Fund (MIF), noting that it would help in “closing” the Philippines’s infrastructure gaps and boost its “green” investments.
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THE tight monetary policy of the Bangko Sentral ng Pilipinas (BSP) should be maintained until inflation slows, as far as the Association of Southeast Asian Nations (Asean) Plus 3 Macroeconomic Research Office (Amro) is concerned.
The post AMRO cuts 202...

MALACAÑANG has declared a moratorium on the granting of career executive service (CES) rank to graduates of the National Defense College of the Philippines (NDCP).
The post CES rank for NDCP grads suspended first appeared on BusinessMirror.

THE Supreme Court through the Office of the Court Administrator (SC-OCA) has asked the National Bureau of Investigation (NBI) to conduct an investigation into the supposed services being offered online by some unscrupulous individuals for annulment of ...

THE skills needed for jobs globally may change by at least 65 percent by 2030 as rapid developments in artificial intelligence (AI) accelerate workplace change, according to major professional network platform LinkedIn.
The post AI to spur 65% worksite...

SPEAKER Ferdinand Martin G. Romualdez expressed his optimism on the resilience of the Philippine economy despite the anticipated global economic slowdown as he underscored the progress made in implementing financial and tax reforms, which enhanced the ...

CYBERSECURITY giant Kaspersky on Wednesday advised Filipinos to never trust everything online, as fake or hacked websites are becoming more inconspicuous to the untrained eye.
The post Kaspersky flags rise in fake, hacked sites first appeared on Busine...

PRESIDENT Marcos Jr.’s decision to lift the price ceiling on rice was made “at the right time” as the country starts its main harvest of palay, with some pundits claiming that the measure was “successful” in curbing “market collusion.”
The post Lifting...

Senator Christopher “Bong” Go, chairperson of the Senate Committee on Health and Demography, called on the Department of Health (DOH) and other relevant agencies to implement stringent measures to prevent the potential spread of the Nipah virus (NiV). ...

Endowed with 63 caves, 61 of which remain unexplored, a Davao del Sur town catches the attention of tourists and spelunkers
The post In nature’s belly first appeared on BusinessMirror.

AS Europe’s top trade chief headed to Beijing this month shortly after announcing a probe into China’s electric vehicle (EV) subsidies, some in the bloc braced for fiery criticism and any hint of retaliation.
The post China shies away from confrontatio...

LONDON—Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fueling demand for new solutions. Enter artificial intelligence.
The post The threat of wild...

The Afghan man speaks only Farsi, but he wasn’t worried about representing himself in US immigration court. He believed the details of his asylum claim spoke for themselves.
The post He spoke no English, had no lawyer: Afghan man’s case offers a glimps...

BOSTON—Like a lot of high school students, Kevin Tran loves superheroes, though perhaps for different reasons than his classmates.
The post America’s poor math skills raise alarms over global competitiveness first appeared on BusinessMirror.

A warren of tunnels beneath central London, once used by the spies who inspired the creation of James Bond, has been bought by a fund manager with a £220 million ($269 million) plan to turn them into a tourist attraction “as iconic as the London Eye.”
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In celebration of innovation and camaraderie, the Department of Science and Technology-Technology Application and Promotion Institute (DOST-TAPI) is unveiling “Lunduyan 2023” on October 2 at a hotel in Mandaluyong City.
The post DOST-TAPI holds Lunduya...

The Philippines improved its Global Innovation Index (GII) 2023 ranking by climbing three steps upward to 56th, from 59th in 2022.
The post PHL gains 3 points to 56th in global innovation rank first appeared on BusinessMirror.

The government has been encouraging Filipino scientists, who are working or living abroad, to return to the country as Balik Scientists for a limited period to serve the country through their respective expertise in research and development (R&D). ...

The country’s longest-running pet blessing event in Eastwood City will be having a special guest this year as Dalbong, the World Dog Show 2023 winner, will be joining the festivities.
The post World Winner dog Dalbong awarded with Eastwood Paw of Fame ...

Less than a year before it turns 25, the Institute of Corporate Directors (ICD) is very much on pace with its 2024 vision of being widely recognized as the key catalyst in effecting positive change in the Philippine corporate governance ecosystem towar...

Driven by a resolute vision to be at the forefront in the ASEAN region by being the catalyst in the Philippine corporate governance ecosystem towards an inclusive and sustainable development, the Institute of Corporate Directors (ICD) is leaving no sto...

Senator Christopher “Bong” Go, chairperson of the Senate Committee on Health, emphasized in an interview on Tuesday, September 26, the urgent need to bolster the Department of Health’s (DOH) budget as the country navigates towards pan...

The post AgriNurture, Inc. issues Notice of Annual Meeting of Stockholders first appeared on BusinessMirror.

The new pay increases for minimum wage earners and domestic workers issued by the regional wage boards in Cagayan Valley, Central Luzon, and SOCCSKSARGEN are now set to take effect after being affirmed by the National Wages and Productivity Commission ...

The post Senate approves Magna Carta for seafarers on second, third readings first appeared on BusinessMirror.

The initial auction for the state’s second RDB offering last Wednesday, the first under the Marcos Jr. administration, fetched a total of $636.2 million bids from investors, according to data from the Bureau of the Treasury (BTr).
The post Manila’s ret...

Improved government spending may drive the country’s GDP growth to as much as 5.2 percent in the third quarter, according to a local think tank.
The post ‘Government spending will boost GDP growth in Q3’ first appeared on BusinessMirror.

THE House of Representatives went on a congressional break on Wednesday with the final approval of the proposed P5.768-trillion General Appropriations Act and all 20 priority bills of the Legislative-Executive Development Advisory Council (Ledac).
The ...

THE state’s rice price ceiling and elevated world grain prices will curb the Philippines’s rice imports next year to 3.5 million metric tons (MMT), according to an international report.
The post Rice price cap, pricier global grain seen to cut imports ...

PRESIDENT Ferdinand R. Marcos Jr. rejected the proposal of his economic managers to temporarily reduce rice tariffs due to the projected downward trend in the international prices of the staple.
The post Marcos rejects rice tariff cut proposal first ap...

THE plenary deliberations of the Office of the Vice President’s (OVP) as well as the Department of Education’s (DepEd) proposed budget for 2024 have been rescheduled for Wednesday—the last day of the budget debates.
The post OVP, DepEd budget debates r...

THE congressional bicameral conference committee has approved the proposed Public-Private Partnership (PPP) Act, which includes “innovations” to boost green projects, Official Development Assistance (ODA), and returns of public-private projects to the ...

ARTIFICIAL intelligence will inevitably replace “certain” human jobs but companies should be responsible for retooling their employees who will be affected by it, former chief operating officer of Nestlé Group Peter Brabeck-Letmathe said...

A TOTAL of 10,387 out of the 10,791 Bar applicants have managed to finish the three-day 2023 Bar Examinations held in 14 testing centers nationwide.
The post 10,387 finish 3-day 2023 Bar exams, new lawyers to be known in December first a...

The House on Tuesday adopted a resolution expressing its profound condolences to the family of the late former Marikina City mayor and congressional representative, Bayani “BF” F. Fernando, who passed away on September 22 at the age of 77.
The post Low...

Guided missile frigate BRP Antonio Luna (FF-151) demonstrated her formidable firepower by firing all of her guns during a recent gunnery exercise held off the coast of Zambales.
The post Missile frigate BRP Antonio Luna fires‘big guns’ in Zambales coas...

The Philippine Coast Guard (PCG) beefed up its capability to station ships at the disputed Bajo De Masinloc, also known as Scarborough Shoal, a ranking official of the maritime agency said Tuesday.
The post PCG beefs up capability to station ships in d...