A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERS MANUFACTURING ACTIVITY in the Philippines further expanded in May as new orders and production grew at a faster clip, S&P Global said. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) rose to 52.2 in May […]
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS By Kyle Aristophere T. Atienza, Reporter ECONOMISTS remain skeptical about the newly passed Maharlika Investment Fund (MIF) bill, saying it still contains provisions that could affect the independence of government financial institutions (GFIs) and the central bank. Filomeno S. Sta […]
ZACHERY PERRY-UNSPLASH By Luisa Maria Jacinta C. Jocson, Reporter IDA MARIE M. CASTRO, a 57-year-old mother, described the process of adoption in the Philippines as “heartbreaking.” “My heart was breaking just going through the extent of the process,” the sales director said in a Facebook Messenger chat. “Every time there was an interview, I felt […]
A wind farm is seen in Pagudpud, Ilocos Norte. — PHILIPPINE STAR/KRIZ JOHN ROSALES THE government is hoping to attract more offshore wind power projects, after the Board of Investments (BoI) approved three offshore wind projects worth a total of P390 billion in the first quarter. Trade Secretary Alfredo E. Pascual said the three offshore […]
By Adrian H. Halili THE CONSORTIUM of companies that plan to take Metro Pacific Investments Corp. (MPIC) private has requested to defer the shareholders’ vote on its delisting to a later date or after the release of a report explaining the basis of the bidders’ tender offer price. In a regulatory filing on Thursday, GT […]
WWW.FACEBOOK.COM/EBDABARKADS AS the mainstays of the 44-year-old noontime show Eat Bulaga — Vicente “Tito” Sotto III, his brother Marvic Valentin “Vic” Sotto, and Jose Maria “Joey” de Leon (collectively known as Tito, Vic, and Joey or TVJ) — bade farewell yesterday after a bitter breakup with production company Television and Production Exponents, Inc. (TAPE), signs […]
FIRST Pacific Co. Ltd. said the consortium that seeks to acquire Metro Pacific Investments Corp. (MPIC) has tapped another independent financial advisor (IFA) for the valuation report. “There have been some developments in terms of the IFA and the finalization of the report,” said Stanley H. Yang, head of corporate development at First Pacific, in […]
FRUITAS Holdings, Inc. has acquired full ownership of cloud kitchen business Fly Kitchen Inc. in its efforts to increase market share, the company said on Thursday. “The purchase of Fly Kitchen fits our strategic objective to remain competitive in the digital arena. The startup complements our present activities and will enable us to accelerate the […]
SEMIRARA Mining and Power Corp. (SMPC) is poised to make its second trial shipment of coal to Japan this month, as part of its goal to expand its market while also reducing its dependency on China. “China is still our main foreign buyer, but with their industrial output growing slower than expected, we want to […]
MOVIE REVIEWThe WhaleDirected by Darren Aronofsky (Warning: plot details explicitly discussed) DARREN ARONOFSKY’s The Whale (2022) adapted Samuel D. Hunter’s play to the big screen and we more or less know how the film has fared: made respectable money from a small ($3 million) budget, won Brendan Fraser an Academy Award for playing a morbidly […]