Storm Signal No. 2 up in seven areas amid Tropical Storm Kujira
Storm Signal No. 2 has been hoisted over seven areas in Luzon due to Tropical Storm Kujira, locally named Maymay, bringing life-threatening winds and torrential...
Author : Michael H. Henry
McDonald’s expands loyalty push as Rewards program hits 5 million members
McDonald’s Philippines is expanding its digital loyalty strategy after its MyMcDonald’s Rewards program reached five million members in its first year, with the company rolling...
Philippine inflation eases to four-month low in July
PHILIPPINE inflation cooled to its slowest pace in four months as transport prices eased and food inflation steadied, the Philippine Statistics Authority (PSA) said. PSA...
Hot money inflows hit $170M in June
By Katherine K. Chan, Reporter NET FOREIGN portfolio investment inflows into the Philippines extended to a second straight month in June as investor activity improved...
BofA sees BSP ending its tightening cycle in August
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely end its tightening cycle after delivering a third straight rate hike later this month, the Bank of...
Philippine exports seen resilient despite 12.5% US tariff
By Beatriz Marie D. Cruz, Senior Reporter THE PHILIPPINES’ merchandise exports are expected to weather the United States’ 12.5% tariff as exemptions for key products,...
World Bank says Philippines needs to widen tax base
THE PHILIPPINE government can generate more tax revenues by broadening its tax base, the World Bank said, as the government pushes to expand excise tax...
Maynilad Q2 profit rises 17% on lower financing costs, taxes
By Sheldeen Joy Talavera, Reporter WEST ZONE concessionaire Maynilad Water Services, Inc. posted a 17.4% increase in second-quarter net income to P4.52 billion, aided by...
Rising AI costs seen bolstering PHL outsourcing competitiveness
THE outsourcing industry could remain competitive against artificial intelligence (AI) as the rising cost of “tokens” to operate the technology could deter companies from total...
Laurel rules out ban on rice imports during El Niño
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said on Tuesday the Department of Agriculture (DA) will not ban rice imports during the looming El Niño....