Unemployment rate rises to 5%, highest in 3 months
JOB SEEKERS flock to a job fair at the Astrodome in Pasay City, Dec. 1. -- Philippine Star/Edd GumbanTHE NUMBER of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment
ADB approves $400-million loan to improve ease of doing business in the Philippines
BW FILE PHOTOTHE ASIAN Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government’s efforts to improve the ease of doing business in the country. In a statement, the multilateral lender said it has approved the financing
New RE player eyes P190-B offshore wind in Camarines Sur
RENEWABLE ENERGY (RE) developer ACX3 Capital Holdings, Inc. is proposing to build a 500-megawatt (MW) offshore wind farm in San Miguel Bay, Camarines Sur, in Bicol Region, with an estimated cost of P189.5 billion. In its filing with the Department of
The Bistro Group, going loca(l)
1 of 2THE RETURN of Krazy Garlik under The Bistro Group’s portfolio signifies Bistro’s respect for local culture and its motivation to do more in the local scene (as opposed to their forte, bringing in international franchises). It’s a comeback concept,
Ovialand targets almost double profit growth
OVIALAND.COMREAL ESTATE developer Ovialand, Inc. expects near-double growth in its net income this year, on the back of strong demand for its premium-affordable housing projects across Luzon, a company official said. “Despite heavy rains, supply challenges, and a very active construction
SM Prime reached 100-MWp rooftop solar target, DoE says
SM Prime reached 100-MWp rooftop solar target, DoE says - BusinessWorld Online SM CITY FAIRVIEW’S ROOFTOP solar photovoltaic system. — SMPRIME.COMSM PRIME HOLDINGS, Inc. has
A chicken-beer alliance
WHILE Korean fried chicken is fast becoming a staple for Filipinos, we haven’t completely embraced the culture of chimaek (a portmanteau of the Korean words for “fried chicken” and “beer”), a combination that began to gain popularity in South Korea