The need to rebrand retirement
There was a time when turning 50 at work meant receiving a well-rehearsed speech, a gold watch and a polite nudge out the door. You were suddenly too old to innovate, too tired to hustle and expensive to keep. Retirement was seen as a slow fade into irrelevance – golf courses, rocking chairs and early […]
LT Group infusing P3.5 billion into real estate units
MANILA, Philippines — LT Group Inc. (LTG) of taipan Lucio Tan is injecting P3.5 billion in fresh capital into its real estate subsidiaries to support their business growth. LTG said that it has finalized the capital infusion amounting to up to P2.5 billion for Eton Properties Philippines Inc. and P1 billion for Eton City Inc. […]
Manila Water net income climbs to P3.56 billion in Q1
MANILA, Philippines — Razon-led Manila Water Co. Inc. earned 14 percent more in the first quarter to over P3.5 billion, driven by higher tariff rate and more volume billed in its service area outside the East Zone of Greater Manila. Manila Water said its attributable net income reached P3.56 billion, about P439 million higher than […]
DTI to push for PJEPA review
MANILA, Philippines — The government will be pushing for the review of the Philippines’ bilateral free trade agreement (FTA) with Japan later this month. Trade Secretary Cristina Roque told reporters that she will visit Japan this month as part of efforts to encourage more investments into the country. She said the government would also be […]
ANZ: Philippines-US trade deal possible by June
MANILA, Philippines — A trade agreement between the Philippines and the United States could be reached by the end of June as talks continue amid Washington’s push for reciprocal tariffs on Asian exports, according to ANZ Research. In its latest Asia Insight report, ANZ Research assessed the likely outcomes of ongoing negotiations following US President […]
From Quezon Province to the Universe: Ahtisa Manalo is battle-ready for Miss U
It’s not even November yet, but the buzz is already deafening. Ahtisa Manalo, our newly crowned Miss Universe Philippines, is locked, loaded and battle-ready to take on the universe. And she’s not just planning to compete. She’s planning to win. Source link
Higher spending drags Cebu Pacific profit
MANILA, Philippines — The earnings of low-cost carrier Cebu Pacific fell below P500 million in the first quarter on higher operating and interest expenses. Cebu Pacific’s parent Cebu Air Inc. yesterday reported a net income of P466 million for the first quarter, down by 79 percent from P2.24 billion in the same quarter last year. […]
Leo XIV joins line of Pope Leos who include champion of workers, protector of Vatican
Cardinal Robert Francis Prevost, an Augustinian, is a Mathematics degree holder who answered the call of God, became a priest and was recently elected pope. The new pope, who has taken on the name Pope Leo XIV, may have found inspiration from the other Pope Leos, including Leo the Great, who faced Attila the Hun, […]
PSEi returns above 6,400 | Philstar.com
MANILA, Philippines — The local stock market capped off the week strongly, returning above the 6,400 level after a trade deal framework between the United States and the United Kingdom boosted investor sentiment. The benchmark Philippine Stock Exchange index (PSEI) surged by 1.08 percent or 68.71 points to close yesterday’s session at 6,458.20. The broader […]
STT GDC investing $1.56 billion for Quezon City, Cavite data Centers
MANILA, Philippines — The data center arm of the Ayala Group has invested up to $1.56 billion for the construction of new data hubs in Metro Manila and Cavite, banking on booming demand for digital infrastructure. Ayala-backed ST Telemedia Global Data Centers (STT GDC) Philippines is on track to operate the 124-megawatt STT Fairview in […]