INFLATION this month is likely to be within target, as a stronger peso and oil price reductions tempered the rise in consumer prices, according to the Philippine central bank. The consumer price index would probably increase by 3.3% to 4.1% this month, based on estimates by the Bangko Sentral ng Pilipinas (BSP), Governor Benjamin E. Diokno told reporters in a ...

KJPARGETER-FREEPIK By Luz Wendy T. Noble, Reporter THE PHILIPPINES should tighten border patrols and boost its vaccination drive to prevent another infection surge that could come from a potentially more contagious Omicron variant of the coronavirus, analysts said on Monday. Failure to do so could force the government to enforce strict lockdowns again that could end up being too late, ...

LAURENTIU MORARIU-UNSPLASH By Luz Wendy T. Noble, Reporter WAILING KIDS are at the jam-packed Caticlan seaport that leads to the world-famous Boracay Island in central Philippines. A mother tries to bargain for quiet through nursery rhymes on YouTube, while fanning herself during an oppressively hot weather. It could well have been a picture before the coronavirus hit, only this time, ...

JCOMP-FREEPIK DUTIES AND TAXES collected from marked fuel products had reached P324.46 billion as of Nov. 25, counting back to 2019 when the program started, according to the Department of Finance (DoF). The volume of levied fuel had hit 32.88 billion liters since Sept. 4, 2019, based on data sent by Finance Secretary Carlos G. Dominguez III to reporters via ...

By Arjay L. Balinbin, Senior Reporter THE country's major telecommunications services providers PLDT, Inc., its wireless arm Smart Communications, Inc., and Globe Telecom, Inc. said the spectrum fees are becoming excessive. Spectrum user fees are collected annually from public telecommunications entities (PTEs), or those engaged in the provision of telecommunications services to the public for compensation. "Currently, spectrum fees imposed ...

PHILIPPINE Airlines, Inc. (PAL) announced on Monday that it would expand its services in the Visayas and Mindanao in anticipation of increased demand during the upcoming holiday season. The flag carrier will resume services from Iloilo to Cebu and General Santos City on Dec. 7 and from Iloilo to Davao on Dec. 8. "The expanded route network will increase connectivity ...

1 of 2 TWO romance stories and a musical series are among Chinese on-demand streaming service iQiyi's first Filipino originals shows after sealing a content deal with ABS-CBN. Founded in China in 2010, iQiyi International is an on-demand video streaming service providing pan-Asian entertainment. It is currently available in 191 countries with more than 106 million subscribers worldwide. The content ...

Maricris Sarino-Joson By Maricris Sarino-JosonDirector and Head, Office Services -Landlord Representation, Colliers ADOPTING GREEN and sustainable features plays a crucial role in future-proofing office towers after the pandemic. The coronavirus disease 2019 (COVID-19) situation has accelerated the adoption of sustainable office spaces and we see this trend complementing the recovery of office leasing demand across Metro Manila after 2021. As ...

THE GOVERNMENT has raised P360 billion via its offer of five-and-a-half-year retail Treasury bonds (RTBs) that ended on Friday amid strong demand from investors on the hunt for higher returns. The Bureau of the Treasury (BTr) said in a statement on Monday that P330.5 billion of the total amount raised was fresh fund or "new money," while the remaining P29.5 ...

A BROWN Co., Inc. has raised P1.33 billion from its preferred shares offering, which is the company's first time to tap the capital markets since it made its debut at the stock exchange in 1994. "It has been 30 years since we visited and we launched A Brown as a public company and we are very, very lucky, even during ...