Globe received a higher B rating in 2021 from the CDP (formerly Carbon Disclosure Project), as it continues to intensify efforts to address climate change. The digital solutions platform discloses its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform for investors, companies, cities, states, and regions, to show […]Read More

NEW YORK – Pfizer Inc expects the latest results from a clinical trial for kids under the age of 5 of the COVID–19 vaccine it developed with Germany’s BioNTech SE by April, a top company scientist said on Wednesday. “The study has been amended to give a third dose to everybody who’s less than five […]Read More

By Gayatri Suroyo and Bernadette Christina UNSPLASH JAKARTA – Aji Tri Atmojo lives in a traditional Javanese house with wooden walls on the outskirts of the Indonesian capital of Jakarta, but his rustic home got a modern touch after he installed a row of solar panels on his roof. Since putting them up in 2020 […]Read More

VILNIUS – Taiwan said on Wednesday it would create a $200 million fund to invest in Lithuanian industries and boost bilateral trade as it tries to fend off diplomatic pressure on the Baltic state from China. The Lithuanian government, meanwhile, ordered the state-owned railway company not to sign a contract with a China-owned Spanish bridge […]Read More

Efforts to institutionalize financial education in the capacity-building initiatives of the Armed Forces of the Philippines (AFP) gained momentum with the unveiling of financial education materials intended for the uniformed and civilian personnel of the Philippine Air Force, Philippine Army, and Philippine Navy. In a virtual ceremony, the Bangko Sentral ng Pilipinas (BSP) and BDO […]Read More

Inflation in December eased to 3.6%, the lowest in 12 months. — PHILIPPINE STAR/ MICHAEL VARCAS By Bernadette Therese M. Gadon, Researcher PHILIPPINE INFLATION in December eased to its lowest in 12 months, due to the slower increase in the prices of food and transport, but the full-year inflation still exceeded the central bank’s 2-4% […]Read More

Several buildings are seen amid the sunset in Metro Manila. — PHILIPPINE STAR/ MICHAEL VARCAS LOCAL BANKS and trust entities saw a decline in their exposure to the real estate industry at the end of the third quarter of 2021, based on data from the Bangko Sentral ng Pilipinas (BSP). Banks and trust departments have […]Read More

Kids play within the Baseco area in Tondo, Manila, Jan. 22, 2021. — PHILIPPINE STAR/ MICHAEL VARCAS A SUBSIDY CAP monitoring three children per household for the Philippine government’s conditional cash transfer program has resulted in reduced household resources for the unsubsidized children who receive less schooling and health investment, an Asian Development Bank (ADB) […]Read More

WASHINGTON — The International Monetary Fund (IMF) will release its World Economic Outlook on Jan. 25, a week later than planned, to factor in the latest coronavirus disease 2019 (COVID-19) developments, a spokesperson for the global lender said on Tuesday, amid signs another downgrade is coming. “The World Economic Outlook update will be launched on […]Read More

By Keren Concepcion G. Valmonte, Reporter THE Securities and Exchange Commission (SEC) has issued advisories against three entities offering unlicensed investment programs to the public. In two advisories dated Jan. 4, the regulator flagged TuneGaga and OUTRACE “Play to Earn” for soliciting investments without authority from the SEC. The regulator warned that the schemes offered […]Read More