Business

A REACCELERATION of inflation is still the biggest headwind to the Philippines’ economic outlook this year,...

Agri dep’t finalizing MAV allocation for pork

THE Department of Agriculture (DA) is finalizing the minimum access volume (MAV) quota for pork imports...

Inflation climbs to 3% as pricier food, flights and private schooling hit households

UK inflation jumped to 3% in January, up from 2.5% in December, driven by rising food...

MPs critical of ageist ‘wealth-hoarding’ labels for baby boomers

MPs have criticised the portrayal of baby boomers as “wealth-hoarding” at the expense of younger generations,...

EO lowers real property tax for IPPs with BOT projects

By John Victor D. Ordoñez, Reporter PRESIDENT Ferdinand R. Marcos, Jr. issued an executive order (EO)...

Dyslexic founder secures Branson’s backing with ‘Elevator of Dreams’ pitch

A dyslexic entrepreneur has won the support of Sir Richard Branson by pitching his new education...

First-time homeownership slips further out of reach without family assistance

Barely one in ten aspiring first-time buyers can now purchase a home without family assistance, new...

Insolvencies soar to 16-year high as tax hike drives bosses to close up shop

The number of company insolvencies rose sharply at the start of the year, reaching a level...

New incentives for carmakers eyed

By Justine Irish D. Tabile, Reporter THE PHILIPPINE government is finalizing an incentive program that seeks...

Metro Manila commuters face higher LRT-1 fares

By Ashley Erika O. Jose, Reporter COMMUTERS in Metro Manila will pay higher fares for the...

Investors pull back from UK as economic gloom deepens

Britain has emerged as the most unpopular market worldwide among leading fund managers, as growth stalls...

Scotland’s public sector pay outpaces rest of UK, driving up wage bill

New research shows that public sector employees in Scotland have received significantly larger pay rises than...

Fuel Ventures backs PlanningHub’s AI-powered solution to modernise UK property planning

Fuel Ventures, a leading UK venture capital fund, has co-led a £300,000 funding round in PlanningHub,...

Remittances jump to record $34.49B

By Luisa Maria Jacinta C. Jocson, Reporter CASH REMITTANCES from overseas Filipino workers (OFWs) hit an...

World Bank prepares $2.75-B lending program for Philippines in 2026

By Aubrey Rose A. Inosante, Reporter THE WORLD BANK is committed to extending around $2.75 billion...

Recto says PHL is ‘Trump 2.0-ready’

THE PHILIPPINES is ready to face the uncertainties brought by US President Donald J. Trump’s trade...

Gordon Ramsay combines UK and US restaurant businesses in Lion Capital deal

Gordon Ramsay is uniting his restaurant operations on both sides of the Atlantic through a deal...

Elon Musk’s government cuts could hand billions to private companies

Elon Musk’s sweeping cuts to US government agencies have sparked concerns that private companies—including his own—could...

Meralco radiates communications excellence at the 60th Anvil Awards