Tag: bworldonline
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Triple P Awards launches CommChat Series 2024: ‘Sustainability: A Journey from Divergent Paths’
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The International Association of Business Communicators (IABC) Philippines is excited to introduce the CommChat Series 2024, beginning with a webinar titled “Sustainability: A Journey from Divergent Paths.” This event sets the stage for a series of discussions leading up to the prestigious Triple P Awards, focusing on sustainability and best…
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Corona Sunsets Sessions: A celebration of life, love, and sunsets
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Sunsets, sand, and stars: Join us for this epic sunset escapade Mark your calendars and get ready for the event of the year as Corona Sunsets Sessions will be held on the idyllic shores of Newcoast Cove 2 Boracay on May 4, 2024, starting at 3 p.m. This electrifying event…
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Inflation likely quickened in April
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HEADLINE INFLATION may have quickened for a third straight month in April and possibly breached the Philippine central bank’s 2-4% target range, analysts said.
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Manufacturing expands at fastest clip in 5 months
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PHILIPPINE MANUFACTURING activity in April expanded at its fastest pace in five months amid an increase in output and new orders, S&P Global said on Thursday.
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NG debt slips to P14.93 trillion as of end-March
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THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P14.93 trillion as of end-March, the Bureau of the Treasury (BTr) reported. Data from the BTr on Wednesday showed that NG debt stock dipped by 1.67% from the record-high P15.18 trillion as of end-February due to the net redemption of government securities.…
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Leviste buys 8.5% stake in ABS-CBN, becomes 2nd-largest shareholder
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SOLAR Philippines Power Project Holdings, Inc. Founder Leandro Antonio L. Leviste has bought an 8.5% stake in ABS-CBN Corp., positioning him as the media company’s second-largest shareholder after the Lopez group. Mr. Leviste bought 76.5 million shares, equivalent to 8.5% of ABS-CBN, through his companies LL Holdings, Inc. and Countryside…
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Proposed Luzon corridor expected to attract more investments from businesses de-risking from China
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AN ECONOMIC CORRIDOR that the United States proposes to put up in the Philippine main island of Luzon would help the country attract American and Japanese companies seeking to reduce dependence on China, according to trade experts.
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Marcos calls for review of wage rates
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PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday ordered regional wage boards to review minimum wage rates, as Filipino workers face stagnant salary growth despite rising living costs.
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‘Hot money’ outflows rise to $236M in March
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MORE FOREIGN PORTFOLIO investments left the Philippines in March, as investors anticipated a delay in rate cuts by the US Federal Reserve, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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ERC to suspend WESM trading when Luzon and Visayas are under red alert
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THE ENERGY Regulatory Commission (ERC) on Tuesday ordered the suspension of trading in the Wholesale Electricity Spot Market (WESM) during red alerts to prevent a spike in electricity prices. “Due to the extreme heat, electricity consumption has risen, adding to the price hike. (On Tuesday) the ERC acted to temporarily…