OFFICE and condominium buildings are seen in this file photo, Dec. 17, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Beatriz Marie D. Cruz, Reporter A WIDENING corruption scandal involving Philippine government officials and public works contractors threatens to cool demand for luxury

BW FILE PHOTOTHE NATIONAL GOVERNMENT’S (NG) debt service bill soared in August as amortization and interest payments surged, the Bureau of the Treasury (BTr) reported. The latest data from the Treasury showed that the debt service bill more than tripled (256.96%)

PHILIPPINE STAR/MIGUEL DE GUZMANLOCAL ECONOMISTS kept their growth forecasts for the Philippines unchanged for now, even as a widening corruption scandal weighs on investor sentiment. “We’re keeping an eye on governance issues like corruption because they can affect investor confidence and,

Quezon City further strengthened its role as a leader in local startup ecosystem development, as Mayor Joy Belmonte and the Startup QC Program Committee announced the nine innovative startups for this year’s Cohort 4. Following a rigorous evaluation process held on

PHILIPPINE STAR/JESSE BUSTOSBy Sheldeen Joy Talavera, Reporter THE DEPARTMENT OF ENERGY (DoE) has cleared Manila Electric Co. (Meralco) to proceed with the bidding for 200 megawatts (MW) of renewable baseload power. Speaking to reporters last week, Energy Undersecretary Mario C. Marasigan said

Business services company KMC Solutions has called for nominations for the third KMC Startup Awards, which aims to honor visionary entrepreneurs and groundbreaking businesses that are shaping the future of the Philippines’ business and technology landscape. The third KMC Startup Awards

TIM MOSSHOLDER-UNSPLASHBy Alexandria Grace C. Magno THE Securities and Exchange Commission’s (SEC) program to ease capital raising for agribusinesses could help modernize the farm sector, though adoption has remained limited since its 2023 launch, according to analysts. “SEC FARMS (Securing & Expanding

AYALA.COMAYALA CORP. was among the most actively traded stocks last week amid macro headwinds and foreign fund outflows. The holding company was the fifth most actively traded stock, with 2.25 million shares worth P1.09 billion changing hands from Sept. 29 to

Yield Guild Games (YGG) announced that the annual YGG Play Summit, the biggest player-focused Web3 gaming event in the world, will return on Nov. 18-22 at SMX Aura, Bonifacio Global City. Recognized as the global epicenter of crypto gaming, the Philippines

Napocor eyes reduced diesel use under new leadership - BusinessWorld Online NAPOCOR.GOV.PHSTATE-RUN National Power Corp. (Napocor) is seeking to reduce its dependence on diesel as