Ma. Stella F. Arnaldo / Special to the BusinessMirror

FILIPINO gamers have the lowest propensity to spend—totaling P620 and above in a month on in-game purchases—compared to their APAC counterparts, according to the Omnicom Media Group Asia Pacific’s (OMG APAC) latest research titled “Unlocking Gamers in...

DAVAO CITY—College graduates and those currently pursuing their bachelor’s degrees in Sulu were the recent recipients of cash aid from the Bangsamoro government’s Ministry of Labor and Employment (MOLE).

MEMBERS of the World Trade Organization (WTO) have agreed to maintain the current practice of not imposing duties on electronic transmissions until March 31, 2026, or the 14th Ministerial Conference (MC14), taking into consideration the economic, fina...

MEMBERS of the World Trade Organization (WTO) have agreed to maintain the current practice of not imposing duties on electronic transmissions until March 31, 2026, or the 14th Ministerial Conference (MC14), taking into consideration the economic, fina...

THE business landscape, as illustrated by the 2023 KPMG CEO Outlook survey, is undergoing a profound transformation, shaped significantly by geopolitical challenges. This annual survey, drawing insights from more than 1,300 CEOs of the world’s largest...

THE office of Speaker Ferdinand Martin G. Romualdez said last Sunday the lawmaker backed the decision of the Philippine Health Insurance Corp. (PhilHealth) to increase from P100,000 to P1.4 million the “Z benefit package” for breast cancer patients, w...

Terra Solar Philippines Inc. is on the lookout for international investors that will help finance its solar farm in Nueva Ecija and Bulacan which will consist of 3,500 megawatts (MW) of solar panels and 4,000 megawatt-hours (MWh) of battery storage.

Lifting foreign equity restrictions on critical sectors, such as public utilities, education, mass media and advertising, will create more jobs and enable them to contribute to the country’s economic progress, according to the National Economic and De...

Voting 23-0-0, the Senate on Monday voted on third and final reading to approve the measure defining the Philippines’s maritime zones, advancing its status as a member of the international community’s rules-based system under the 1982 United Conventio...

The Filipinos’ strong interest in Korean drama anthologies and K-pop music are among the key reasons South Koreans like visiting the Philippines.

Finance Secretary Ralph G. Recto said on Monday that the government will finalize by next month the third tranche of the loan agreement worth P55.7 billion for the Metro Manila Subway Project.

EU carbon tariff will have limited impact on climate change–ADB

At least 50 local and foreign firms are keen on participating in the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the 2024 Philippine Bid Round.

Asia-Pacific lenders expect syndicated loan volume to rise in 2024, as merger and acquisition activity rebounds and more companies engage in cross-border investments.

The Bureau of the Treasury (BTr) again saw mixed results in its tender of Treasury bills (T-bills) partly due to higher bid yields that were rejected in Monday’s auction.

THE dust of confetti has settled, the lechon leftovers are gone, and now we face the reality of a fresh start. Resolutions swirl in our heads, from getting fit to quitting bad habits, but one often goes unspoken: conquering our finances.

THE Philippine National Bank, the lender controlled by tycoon Lucio Tan, said it reached a consolidated net income of P18 billion last year, a growth of 55 percent year-on-year on the back of robust net interest income and lower credit provisions. Net...

GoTyme Bank Corp., a joint venture with the Gokongwei and Singapore-based Tyme group, said it is confident to hit its 5 million depositors by the end of the year as it is targeting to offer more services to its customers.

BDO Unibank Inc., the country’s largest lender, said its net income grew 28 percent last year to P73.4 billion from P57.1 billion in 2022, from growth across its core businesses.

THE Bureau of Internal Revenue (BIR) announced last Monday it won a tax evasion case against those behind the seller of the “Tap Fog” products, with an estimated civil liability of about P1.2 billion.

Club Ananda, a premiere wedding destination in the south, marks a significant milestone in its journey—celebrating a decade in the wedding industry with the event titled, “A Taste of Sandari: Celebrating a Decade of Love.” This occasion is set to take...

THE Power Sector Assets and Liabilities Management Corp. (PSALM) formally turned over on Monday the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP) to Fresh River Lakes Corp. (FLRC), a subsidiary of the Lopez-led First Gen. Corp.

THE Manila Electric Co. (Meralco) declared a failed bidding for its 260-megawatt (MW) capacity requirement because there were no bid proposals submitted.

THE Manila Electric Company (Meralco) reported an increase of 34 percent in its net income to P38 billion in 2023 from P28.4 billion in 2022 mainly brought about by strong growth in energy sales and higher earnings from its power generation businesses.

FINNISH supply-chain solutions provider Relex Solutions Oy announced last Monday it has launched an “advanced AI-driven in-store mobile app” that targets local retailers looking to consolidate their many in-store tools and processes. 

PANGILINAN-led Metro Pacific Tollways Corp. (MPTC) may push through with its initial public offering (IPO) plans this year, amid plans to merge this with the toll road business of conglomerate San Miguel Corp. (SMC).

THE International Container Terminal Services Inc. (ICTSI) announced last Monday its Mexican subsidiary Contecon Manzanillo (CMSA) has set a record in January, after handling 20,400 TEUs of rail cargo.

THE Maynilad Water Services Inc. (Maynilad) announced it plans to spend around P4 billion to upgrade and rehabilitate 22 of its existing pumping stations and reservoirs (PSRs) to boost water supply and pressure throughout its concession area.

As an adaptive trait, curiosity draws us to seek information and new experiences. It’s how we learn about ourselves, others, and the world.

President Ferdinand R. Marcos Jr. on Monday signed into law Republic Act (RA) 11981, or the Tatak Pinoy Act, and RA 11982, or Amendments to Centenarian Act.

Image credits: Jimbo Albano

Climate change and food insecurity are intertwined challenges that have far-reaching implications for global peace and security. The consequences of climate change, such as rising temperatures, extreme weather events, and changing rainfall patterns, d...

A recent issuance supposedly clarified the taxation of cross-border services, referring to a Supreme Court decision as a basis. A number of experts had already expressed their views on the matter. I need not dwell on that circular and the decision on ...

IN the wake of the 1986 Edsa People Power Revolution and the subsequent enactment of the 1987 Constitution, the Philippines embarked on a journey of political and economic reform. These events were expected to position the country prominently within t...

There is one particular person on social media who often says something that confirms my belief that he is one of the most ignorant and foolish individuals on the planet, completely lacking self-awareness.

Oppenheimer continued to steamroll through Hollywood’s awards season on Saturday, winning the top prize, for outstanding cast, along with awards for Cillian Murphy and Robert Downey Jr., at the 30th Screen Actors Guild Awards.