Philippines’ Quarterly Gross Domestic Product Performance
Philippines’ Quarterly Gross Domestic Product Performance - BusinessWorld Online THE PHILIPPINE ECONOMY grew by a weaker-than-expected 5.4% in the first quarter, reflecting heightened uncertainty arising
Lending growth slows in March
REUTERSBANK LENDING expanded at its slowest pace in four months in March as loan growth for both production activities and consumers eased, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Outstanding loans of universal and commercial banks, net of
Senatorial race: Perceptions of Metro Manila informal sector workers
PHILIPPINE STAR/RYAN BALDEMORBy Maria Catalina M. Tolentino WHAT do the Informal Sector (IS) workers think about the forthcoming senatorial race? Why did we choose them for the study? Because they comprise approximately half of the Philippine workforce. In the voting population,
URC posts 2% fall in Q1 net income
URC.COM.PHGOKONGWEI-LED Universal Robina Corp. (URC) reported a 2% decline in first-quarter (Q1) net income to P4.3 billion, as last year’s figure was boosted by higher foreign exchange gains. Despite the lower net income, core net income rose by 4% to P4.1
Tesla hits trademark roadblocks for ‘Robotaxi’ and ‘Cybercab’ ahead of planned June launch
Tesla has encountered legal headwinds in its push to trademark the terms “Robotaxi” and “Cybercab”, dealing a blow to the company’s highly anticipated autonomous ride-hailing plans ahead of a planned June 2025 launch.The U.S. Patent and Trademark Office (USPTO) this
Trump announces UK-US trade deal on VE Day anniversary, cutting car tariffs and hailing ‘historic’ partnership
President Donald Trump has announced a new trade deal between the United States and the United Kingdom, marking what he described as a “historic day” for the transatlantic alliance. The agreement, unveiled on the 80th anniversary of VE Day, is
British drivers send ‘clear signal’ in supporting electric cars as petrol and diesel sales nosedive
Electric vehicle (EV) sales in the UK continued to surge in April, with battery electric cars claiming more than one in five new registrations, even as petrol and diesel car sales sharply declined — a development hailed by campaigners as
Ørsted shelves major UK offshore windfarm project in blow to green energy goals
The UK’s green energy ambitions have suffered a serious setback after Danish energy giant Ørsted cancelled plans for Hornsea 4, one of the country’s largest proposed offshore windfarms, citing soaring supply chain costs and financial risks.Hornsea 4, expected to power
Drought conditions already hitting UK crop production, farmers say
Farmers across England are warning of early crop failures after what is shaping up to be the driest start to spring in nearly 70 years, with water levels falling and fears mounting that the country could be headed for another
British Steel to recruit 180 workers after government rescue secures future
British Steel has launched a recruitment drive for more than 180 new roles less than a month after the UK government intervened to save the company and protect 2,700 jobs at its Scunthorpe plant.The move follows a dramatic state rescue