REUTERSTHE 15% TARIFF on imported rice will remain unchanged at least until November, according to the Department of Economy, Planning, and Development (DEPDev), as the government seeks a “win-win” solution that balances inflation control with protecting local farmers. “Not in the

PHILSTAR FILE PHOTOBy Beatriz Marie D. Cruz, Reporter HOME OWNERSHIP in the Philippines remains out of reach for many households due to the wide gap between residential property prices and income, particularly in urban areas like Metro Manila and Davao,

A customer buys fresh produce at the public market in Marikina. — PHILIPPINE STAR/ WALTER BOLLOZOSTHE P50 daily minimum wage hike for Metro Manila workers that will take effect on July 18 is unlikely to fuel inflation, according to economists. Its

REUTERSS&P GLOBAL RATINGS expects Philippine bank lending to grow by 11% to 13% in the next two years, supported by the country’s resilience to global tariff shifts and a growing focus on consumer loans. “The Philippine economy is expected to be

SUSANA HEIGHTS ESTATE ENTRANCE — SM PRIME HOLDINGS, INC.LISTED real estate developer SM Prime Holdings, Inc. has allocated an initial P25 billion in capital expenditure for the first project under its newly launched Signature Series by SM Residences, marking its

NEWSROOM.AIRASIA.COMLOW-COST carrier AirAsia is accelerating its fleet expansion with a planned purchase of 150 additional aircraft, with up to 20 expected to be delivered to its Philippine unit over the next five years. Tony Fernandes, chief executive officer (CEO) of AirAsia’s

STOCK PHOTO | Image by Docusign from UnsplashLISTED technology firm Xurpas, Inc. is exploring the potential sale of its stake in Indonesian company PT Sembilan Digital Investama (SDI) as part of efforts to improve its equity position. In a regulatory filing on

FDC gets SEC nod for P8-B preferred share sale - BusinessWorld Online ONE FILINVEST IN ORTIGAS AVENUE — FILINVEST.COMGOTIANUN-LED Filinvest Development Corp. (FDC) has secured

By Jay Ann Bonghanoy Every great business idea deserves the chance to thrive, but without the right financial support, even the most promising ventures can stall. For Filipino entrepreneurs and small business owners, access to fast and flexible funding is essential

Artificial Intelligence words are seen in this illustration taken March 31, 2023. — REUTERS/DADO RUVIC/ILLUSTRATION/FILE PHOTOBy Beatriz Marie D. Cruz, Reporter PHILIPPINE BUSINESSES looking to adopt agentic artificial intelligence (AI) must put an emphasis on agent training to guard against biases