CEBU-BASED Vivant Corp. reported on Monday that its second-quarter attributable profit dropped by 23.5% to P416.88 million in the second quarter from P544.67 million in the same period last year. In its quarterly report filed to the stock exchange, Vivant said that its revenues stood at P1.59 billion, up 3% compared with P1.64 billion in […]Read More

BW FILE PHOTO THE GOVERNMENT fully awarded its offer of Treasury bills (T-bills) as investors asked for higher rates ahead of the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board’s meeting on Thursday, where it is expected to hike borrowing costs anew. The Bureau of the Treasury (BTr) raised P15 billion as planned from its auction […]Read More

1 of 6 A FILM about young musicians who are arrested for drug possession and one about a young boy who trains tirelessly to become a baseball player in a time of war were the top winners at the 18th Cinemalaya Philippine Independent Film Festival, the awarding ceremony of which was held on Aug. 14 […]Read More

TRADITIONAL corporate occupiers are now filling up recently completed buildings, such as the 12-storey 1210 Acacia at the Madrigal Business Park in Alabang, Muntinlupa. Phillip Añonuevo, Leechiu Property Consultants (LPC) executive director for commercial leasing, said the Alabang area is preferred by companies with manufacturing facilities or business activity in Laguna and Batangas, especially since […]Read More

ELECTRICITY distributor Davao Light and Power Co., Inc. (DLPC) is set to build a new digital substation in Panabo City, Davao del Norte to address the growing power demand in the area. “We are determined to supply reliable electricity and remain a steadfast partner in the progress of the communities we serve. We continue to […]Read More

AS NETFLIX’s new series, The Sandman, notes, we spend a third of our lives in sleep and dream. In popular culture, The Sandman is a folkloric being who helps us drift off to the land of nod where he controls whether we have nightmares or dreams. He is also the center of Neil Gaiman’s popular […]Read More

BW FILE PHOTO THE PESO weakened versus the greenback on Monday following hawkish signals from another official of the US Federal Reserve. The local unit closed at P55.825 per dollar on Monday, down by 21.5 centavos from its P55.61 finish on Friday, data from the Bankers Association of the Philippines showed. The peso opened Monday’s […]Read More

PHILIPPINE STOCKS closed higher on Monday to track Wall Street’s rally on Friday as data showing a slowdown in consumer and producer prices in July boosted hopes that US inflation has peaked. The bellwether Philippine Stock Exchange index (PSEi) went up by 38.18 points or 0.57% to close at 6,737.84 on Monday, while the broader […]Read More

PHOTO COURTESY OF THE METROPOLITAN THEATER REPUBLIC ACT NO. 11904 or the Philippine Creative Industries Development Act could help the Philippines become a top creative economy, the Joint Foreign Chambers (JFC) said on Monday. In a statement, the members of the JFC said the new law will help grow the creative sector, which accounts for […]Read More

PHILIPPINE STAR/ EDD GUMBAN THE sugar industry said the government agency regulating the commodity needs to allocate sugar imports on a 50-50 basis between industrial users and consumers, in keeping with its mandate. “Our suggestion is that (imports) should not be given to just selected industrial users. The mandate of the Sugar Regulatory Administration (SRA) […]Read More