Tag: bworldonline
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SM Prime targets two China mall openings by 2025
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LISTED property developer SM Prime Holdings, Inc. continues its mall expansion in China with two planned openings by 2025, the president of its malls unit said. The scheduled openings next year will be in Fujian Province, comprising phase 4 of SM Xiamen and a mall project in Haicheng town, said…
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Theater stalwart Floy Quinto passes away
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Playwright, director, Palanca Award winning writer, and cultural worker Floy Quintos, 63, passed away on April 27, his family announced. “It is with the heaviest of hearts that I, on behalf of my family, announce that Floy Quintos, esteemed playwright and director, but more importantly beloved brother, son, uncle, cousin,…
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A decade’s worth of excitement: The 11th Philippine International Pyromusical Competition reignites at SM Mall of Asia
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Prepare to be swept away on a global journey of unparalleled pyrotechnic brilliance and musical harmony as the night sky ignites with the dazzling displays of nine powerhouse nations in the 11th Philippine International Pyromusical Competition (PIPC). This eagerly awaited event returns after four years, reclaiming its throne as the…
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PHL digital economy’s share to GDP dropped in 2023
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The digital economy’s annual contribution to the country’s economic output decreased as its growth slowed down in 2023, the Philippine Statistics Authority (PSA) reported on Thursday. Preliminary data from the statistics agency showed the digital economy’s share to the country’s gross domestic product (GDP) went down to 8.4% last year…
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CCIFP holds the 2024 edition of Tastin’ France Manila
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Wines celebrate much more than their culture and history; they also allow people to connect and bond with each other. With what wine can do for people, the recent Tastin’ France Manila takes that to new heights by inviting wine & spirits producers and local importers, retailers, and distributors to…
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NCR economic output grew by 4.9% in 2023
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METRO MANILA’S economic output expanded by 4.9% in 2023, the slowest pace in two years, due to base effects and weaker output of key sectors, the Philippine Statistics Authority (PSA) said on Thursday. Preliminary PSA data on the latest regional accounts showed that the National Capital Region’s (NCR) economic growth…
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HSBC expects BSP to begin easing in Q4
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THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to delay its policy easing as upside risks to inflation have worsened, but rate hikes are unlikely, HSBC Global Research said. “The easing cycle may be delayed, but we don’t think there will be any rate hikes ahead with non-monetary policies at…
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Coal plant moratorium to stay — DoE
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By Ashley Erika O. Jose, Reporter The Department of Energy (DoE) is maintaining a moratorium on the development of greenfield coal-fired power plants even as most hydropower plants are currently running on derated capacities, resulting in insufficient power supply affecting the main grids. “The moratorium (stands, if the LNG or…
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Megaworld targets to open P1.2-B Mactan World Museum by 2027
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TAN-LED property developer Megaworld Corp. said it is building a P1.2-billion modern museum inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu. The company aims to complete and open the Mactan World Museum by 2027, Megaworld said in a statement to the stock exchange on Thursday. The museum will…
