Tag: bworldonline
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Metro Manila’s construction material retail price growth quickens in April
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RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday. According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than…
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Sofitel Philippine Plaza Manila to shut down for good in July
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Sofitel Philippine Plaza Manila will cease operations starting July 1, according to the hospitality group Accor. “The hotel has announced that it will close and cease operations starting July 1, 2024,” Accor told BusinessWorld in a Viber message on Friday. “This decision comes as part of our ongoing commitment to…
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Yee leads Likha Collab: An all-Filipino natural marketplace launch
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Pioneering a new era of conscious consumerism, Pinky T. Yee, the visionary behind Pure Essentials Specialist Corp. (PESC), introduced Likha Collab to the public sphere in celebration of Earth Day. This breakthrough e-commerce marketplace is designed to collaborate with Filipino micro, small, and medium-sized enterprises (MSME’s) in showcasing their products…
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Viable transition technologies bridge to cleaner, better power generation
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The power industry’s shift to a future with cleaner and better generation technologies require investments in “transition” technologies today to ensure energy security and affordability for present and future generations, an Aboitiz Power Corporation (AboitizPower) official said. In particular, liquefied natural gas (LNG) is being regarded as a transition fuel…
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JG Summit Holdings, Inc. sets 2024 Annual Meeting of the Stockholders on June 3
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March factory output falls, steepest in almost 2 years
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PHILIPPINE FACTORIES posted their worst performance in 23 months after output fell by 0.8% in March, according to the local statistics agency. This was a reversal of the 7.2% growth in February, based on the results of the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries. Factory output…
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PHL jobless rate at two-month high
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THE PHILIPPINE jobless rate jumped to a two-month high in March as inflation and an El Niño-induced dry spell limited economic output, according to the local statistics agency.
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Philippines raises $2B from dollar bond sale
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THE PHILIPPINES raised $2 billion (P114.7 billion) from its first global bond sale this year, the Bureau of the Treasury (BTr) said on Wednesday.
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Ginebra San Miguel, Inc. sets Regular Stockholders’ Meeting via remote communication on May 30
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Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com. Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get…
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New smartphone protection plan launched
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PLDT mobile services arm Smart Communications, Inc. (Smart) is giving mobile users more peace of mind when it comes to securing their devices. The telco giant is set to launch Smart Phone Protect, an affordable mobile phone protection plan exclusive to its prepaid and postpaid subscribers. For an annual fee…