FWD Philippines launches new unit-linked plan
FWD Philippines launches new unit-linked plan - BusinessWorld Online FWD Life Insurance Corp. (FWD Life Philippines) has launched an investment-linked life insurance plan with benefits
German firms could benefit from closer UK ties amid Trump’s trade tariffs
German manufacturers and alcohol producers could benefit from closer trade ties with the UK in the wake of President Donald Trump’s sweeping new US tariffs, according to leading audit, tax and advisory firm Blick Rothenberg.The so-called ‘Liberation Day’ tariffs, announced
MBC proposes BOT model be applied to power grids
PHILSTAR FILE PHOTOTHE Makati Business Club (MBC) urged the government to apply the build-operate-transfer (BOT) model to the power grid industry to prepare the grid for the entry of renewables. In a statement on Thursday, the MBC called for the issue
Luzon grid red alerts seen possible in June
BW FILE PHOTOTHE Luzon grid may experience yellow alerts in May and red alerts in June, with power supply margins tightening in the event of forced outages at baseload power plants, according to the Institute for Climate and Sustainable Cities
PHL 2024 GDP growth revised upwards to 5.7%
PHILIPPINE STAR/WALTER BOLLOZOSTHE economy grew by a revised 5.7% in 2024, against 5.6% as initially reported, the Philippine Statistics Authority (PSA) said on Thursday. It said the new estimate is more in line with international reporting practices. GDP growth in 2024 outpaced
Digital economy growth cited as DICT priority
PHILSTAR FILE PHOTOTHE Department of Information and Communications Technology (DICT) said it sees as its priority the growth of the digital economy, while also improving the SIM (subscriber identity module) registration process. “We’ll just continue the good work that the department’s
PHLPost agrees to host more Kadiwa stores
THE Department of Agriculture (DA) said Philippine Postal Corp. (PHLPost) has agreed to host more stores selling subsidized produce at its locations. In a briefing on Thursday, Postmaster General Luis D. Carlos said 61 post offices will host Kadiwa ng Pangulo
Wholesale price growth unchanged in February
PHILIPPINE STAR/ MICHAEL VARCASPRICE GROWTH of wholesale goods remained steady in February the Philippine Statistics Authority (PSA) reported on Wednesday. Citing preliminary data, the PSA said the general wholesale price index (GWPI) that month was unchanged at 2.9% year on year
PHL shares drop as Trump tariffs shock markets
The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE SHARES ended lower on Thursday to join other global markets that reeled following the Trump administration’s announcement of reciprocal tariffs on the US’ trading partners. The
Peso at near six-month high as recession fears pull down dollar
PHILSTAR FILE PHOTOTHE PESO surged to a near six-month high on Thursday as the dollar weakened due to global growth concerns after the Trump administration announced sweeping tariffs on imports. The local unit closed at P57.095 per dollar on Thursday, rising