Trump attacks on Fed threaten central banks’ independence
REUTERSUS PRESIDENT Donald J. Trump’s continued attacks on US Federal Reserve Chair Jerome H. Powell pose a threat to global central banks’ independence, the Bangko Sentral ng Pilipinas (BSP) chief said. BSP Governor Eli M. Remolona, Jr. said he shared the
Pros and cons of minimum wage legislation
PHILIPPINE STAR/RYAN BALDEMOR(Part 1) The frequent reference of Pope Leo XIV to the first social encyclical written by Pope Leo XIII — Rerum Novarum — has prompted economists, social scientists, philosophers, and theologians to review the teachings contained in the encyclical.
Art, craft, and food combine in Kalibo café
1 of 2Story and photos by Zsarlene B. Chua FOR YEARS, Kalibo was seen as little more than a stopover for travelers headed to Boracay. Flights landed, vans waited, and visitors breezed through on their way to the island’s white sands.
SMIC signals wider renewable energy push
SMIC signals wider renewable energy push - BusinessWorld Online PHILIPPINE GEOTHERMAL PRODUCTION COMPANY, INC.SM INVESTMENTS CORP. (SMIC) is expanding its renewable energy portfolio through new
Truth under siege: The national security threat we can’t ignore
STOCK PHOTO | Image by Rawpixel.com from FreepikTechnology is neutral. It is neither good nor bad — it simply amplifies intent. It is a double-edged sword: it can make life better and more efficient, but it also creates serious risks that
Into the rabbit hole of Philippine theater
By Brontë H. Lacsamana, Reporter Theater ReviewAlice in WonderlandBy Janet Yates Vogt and Mark FriedmanDirected by Joy Virata and Cara BarredoPresented by Repertory Philippines THE colorful characters of Lewis Carroll’s cherished books, Alice’s Adventures in Wonderland and Through the Looking Glass, have
Peso weakens on Fed concerns
BW FILE PHOTOTHE PESO dropped against the dollar on Tuesday as US President Donald J. Trump’s move to fire a Federal Reserve official sparked renewed concerns over the central bank’s independence. The local unit closed at P57.07 per dollar, weakening by
PSEi tumbles to four-month low on tariff threats
REUTERSPHILIPPINE SHARES plummeted on Tuesday, with the benchmark index falling to the 6,100 level and hitting a four-month low, following US President Donald J. Trump’s latest tariff threats. The bellwether Philippine Stock Exchange index (PSEi) fell by 2.17% or 136.34 points
Business chambers welcome Konektadong Pinoy enactment
Business chambers welcome Konektadong Pinoy enactment - BusinessWorld Online PHILSTAR FILE PHOTOBUSINESS CHAMBERS said on Tuesday that the Konektadong Pinoy Act will improve the economy’s
Rice-importing powers pushed for FTI, Planters
THE Department of Agriculture (DA) proposed to legislators that Food Terminal, Inc. (FTI) and Planters Products, Inc. be granted the power to import rice on behalf of the government. The proposal follows efforts to amend the Rice Tariffication Law, which had stripped