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Cai U. Ordinario

SLOWING inflation may be good news for some but this may also indicate weaker demand, thus, lower economic growth, according to local economists.

10 years after Yolanda, the pain stays in the heart

November 8, 2023

Bernard Testa

ON the evening of November 7, 2013, Antonino and Soledad Guande of Barangay San Roque were looking at their family having fun after dinner.

Weak external trade the new normal for PHL?

November 8, 2023

Cai U. Ordinario

THE country’s external trade performance may continue to be lackluster and may already be the new normal for the Philippines given the “unilateral” decisions made by its two biggest trade partners—China and the United States.

Government readies measures for sectors amid easing inflation

November 8, 2023

Samuel P. Medenilla

DESPITE the easing of inflation in October, the National Economic and Development Authority (Neda) is now bracing for more economic headwinds in the coming months due to an intensified El Niño and the impact on prices of holiday spending.

GMA, Ungab lose deputy speaker posts over resolution

November 8, 2023

THE leadership of the House of Representatives has decided to relieve Deputy Speakers Gloria Macapagal-Arroyo and Isidro Ungab of their leadership roles, House Majority Leader Manuel Jose M. Dalipe said on Tuesday.

Naia: 1.2-M passengers flew during Undas/BSKE break

November 8, 2023

Ma. Stella F. Arnaldo

SOME 1.2 million passengers flew through the Ninoy Aquino International Airport (Naia), the country’s main gateway, during the All Saints Day/All Souls Day (Undas) break from October 27 to November 5.

2nd demographic dividend may fail on learning poverty

November 8, 2023

Cai U. Ordinario

ADDRESSING learning poverty will allow the Philippines to attain the second demographic dividend which holds the key to fast economic growth all the way to 2100, according to the National Economic and Development Authority (Neda).

PHL close to attaining goal, attracts 4.5-M foreign visitors

November 8, 2023

Ma. Stella F. Arnaldo

INTERNATIONAL travel to the Philippines continues its uptrend as the country received 4.5 million foreign visitors from January to November 5. This represents 93 percent of the Department of Tourism’s (DOT) 4.8-million arrivals target this year.

Senate sets probe after closed-door session details leaked to media

November 8, 2023

Butch Fernandez

SENATORS on Tuesday promptly moved to investigate a security breach from their executive session on Monday where, as leaked reports said, they discussed among others the request of certain agencies for confidential and intelligence funds.

42 more Pinoys leave war-torn Gaza Strip

November 8, 2023

Malou Talosig-Bartolome

MORE than 600 foreigners, including 42 Filipinos and their children, left the war torn Gaza Strip Tuesday, as the Rafah border was reopened following a three-day hiatus brought about by the airstrike of Israel on an ambulance last week.

BCDA seeks partner for New Clark City ICT infrastructure

November 8, 2023

Andrea E. San Juan

The Bases Conversion and Development Authority (BCDA) is looking for a joint venture (JV) partner for the “commercialization” of information and communications technology (ICT) facilities in New Clark City (NCC), which will also handle the expansion, ...

PHL allows commercial use of AI vaccine for domestic poultry industry

November 8, 2023

Jasper Y. Arcalas

The Philippines is now allowing the commercial use of avian influenza (AI) vaccines in domestic poultry to help in curbing the spread of bird flu nationwide and minimize economic losses incurred by raisers.

Ang, Pangilinan may expand partnership

November 8, 2023

Lorenz S. Marasigan

The alliance between business tycoons Ramon S. Ang and Manuel V. Pangilinan could expand and lead to the listing of a mega toll company in the local bourse.

Petron 9-month profit up 16% on strong demand for fuel

November 8, 2023

Lenie Lectura

Petron Corp. reported a 16-percent jump in net income in January to September this year owing to volume improvements across major business segments.

Bloomberry income more than doubles to ₱8.27B

November 8, 2023

VG Cabuag

Bloomberry Resorts Corp., which owns and operates Solaire Resort and Casino, on Tuesday said its income in January to September more than doubled to P8.27 billion, from last year’s P4.05 billion.

Meralco, USNC begin study on MMR

November 8, 2023

Lenie Lectura

The Manila Electric Co. (Meralco) and US-based nuclear developer Ultra Safe Nuclear Corp. (USNC) began on Monday night the pre-feasibility study for the development of micro modular reactors (MMR) in the Philippines.

SMB income grows 20% in January-September

November 8, 2023

VG Cabuag

San Miguel Brewery Inc. (SMB), the beer unit of conglomerate San Miguel Corp., said its 9-month income went up by 20 percent to P19.4 billion from the previous year’s P16.16 billion.

RCR revenues hit ₱4B in January-September

November 8, 2023

VG Cabuag

RL Commercial REIT Inc. (RCR) on Tuesday said it generated P4.1 billion in revenues in January to September, 4 percent higher than last year’s P3.91 billion.

Neda exec pushes energy conservation measures amid Israel-Hamas conflict

November 8, 2023

Samuel P. Medenilla

The National Economic and Development Authority (Neda) proposed the implementation of an energy conservation measure in case the Israel-Hamas war escalates and spreads to other countries.

Despite recent smog, vog episodes, PHL air quality generally improved in 2023–DENR

November 8, 2023

Jonathan L. Mayuga

Despite the recent hazy conditions brought about by the prolonged suspension of dust, dirt, and other particles in the air due to thermal inversion that triggered so-called smog in Metro Manila and vog over the Taal Volcano region, the Department of E...

PNP vows to solve brutal murder of Misamis Oriental radio anchor

November 8, 2023

The Philippine National Police (PNP) on Tuesday said that it is committed to immediately solving the brutal murder of radio anchor Juan Jumalon, also known as “Johnny Walker,” who was shot and killed in Calamba, Misamis Occidental last November 5.

Gibo: EDCA sites to strengthen PHL defense

November 8, 2023

The country’s defenses will be greatly beefed by the Enhanced Defense Cooperation Agreement (EDCA) sites, Department of National Defense (DND) Secretary Gilberto “Gibo” C. Teodoro Jr. said on Monday.

SC asked to declare as unconstitutional OP release of ₧128-M confidential funds to OVP

November 8, 2023

Joel R. San Juan

A PETITION has been filed before the Supreme Court (SC) seeking to declare as unconstitutional the transfer last December 2022 from the Office of the President (OP) the amount of P125 million for the Office of the Vice President’s (OVP) confidential ...

GSIS to invest ₱1.45B in Alternergy Holdings

November 8, 2023

Lenie Lectura

STATE-run pension fund Government Service Insurance System (GSIS) is investing P1.45 billion in Alternergy Holdings Corp. (PSE: Alter), according to the publicly-listed renewable energy (RE) firm.

Despite high-yields bids, BTr fully awards T-bonds

November 8, 2023

Jasper Y. Arcalas

THE national government on Tuesday raised P30 billion from the sale of Treasury bonds (T-bonds) amid investors’ insistence for higher yields, tracking the US Treasury curve.

Self-improvement

November 8, 2023

George S. Chua

AS long as you are alive and well, you owe it to yourself and society to find ways to improve yourself. As you are growing up, you learn how to communicate, take care of yourself and be educated on different subjects.

State lenders’ stake in MIF should be staggered–FEF

November 8, 2023

Jasper Y. Arcalas

PUBLIC advocacy group Foundation for Economic Freedom (FEF) is proposing that the two state-run banks’ contributions to the Maharlika Investment Fund (MIF) be on a staggered, rather than lump-sum, basis.

Solons’ tweak of Create Law may clip powers in granting tax perks

November 8, 2023

MEMBERS of the House Committee on Ways and Means said last Tuesday that it is now considering the removal of the proposed motu proprio power of the President to grant tax incentives under the new bill amending the Corporate Recovery and Tax Incentives...

House leader weighs in on inflation’s October slowdown

November 8, 2023

SPEAKER Ferdinand Martin G. Romualdez vowed last Tuesday the House of Representatives would continue formulating policies that strengthen economic resilience, stimulate investment and boost agricultural output as lawmakers remain vigilance despite a l...

AFP sees no armed destab threat for PBBM gov’t

November 4, 2023

The Armed Forces of the Philippines (AFP) on Saturday said that it does not see any threats where the existing government will be overthrown by violent means even as it called reports quoting its chief, Gen. Romeo Brawner Jr., on such such possibilitie...

Kishida Fumio declares ‘Golden Age’ in Philippines-Japan ties, emphasizes security and economy

November 4, 2023

Japanese Prime Minister Kishida Fumio declares a "golden age" in Japan-Philippines relations during his address to Congress. Emphasizing security and defense cooperation, Kishida highlights Japan's contributions to maritime security and trilateral effo...

IPOPHL gets access to global alert on pirated websites

November 4, 2023

Manila Standard Business & Othel V. Campos

The Intellectual Property Office of the Philippines (IPOPHL) signed a letter of understanding (LOU) to gain access to with the World Intellectual Property Organization’s (WIPO) alert data sharing platform to enhance the former’s site-blocking process. WIPO has a list of internationally-known pirated websites that can IPOPHL can access to prevent security and data breaches in […]
The post IPOPHL gets access to global alert on pirated websites appeared first on Manila Standard.

PHL, Japan start military access pact

November 4, 2023

Malou Talosig-Bartolome

THE Philippines and Japan are on the verge of negotiating for a military access agreement at the height of their common security threat from Chinese aggression in the Indo-Pacific.
The post PHL, Japan start military access pact appeared first on Busine...

PAF’s best pilots: Top gun, indeed

November 4, 2023

Air Force aviator proves air combat skills in simulated exercise over Luzon
The post PAF’s best pilots: Top gun, indeed appeared first on BusinessMirror.

The US has strongly backed Israel’s war against Hamas. The allies don’t seem to know what comes next

November 4, 2023

Josef Federman & Amy Teibel | The Associated Press

JERUSALEM—When US Secretary of State Antony Blinken was asked this week who would govern the Gaza Strip following Israel’s devastating war against Hamas, he said a return of the internationally recognized Palestinian Authority made “the most sense.”
Th...

A bento of Japanese wisdom for the end journey

November 4, 2023

Nick Tayag

I now occupy myself with gathering and curating all the good learnings and nuggets of wisdom I have encountered and picked up along the way for the past seven decades. I want to take a closer look at them and savor their deeper significance not just...

Over 12,000 centenarians receive ₧100,000 cash incentive–DSWD

November 4, 2023