People watch the sunset along Manila Bay in Manila, Philippines, April 4, 2024. — REUTERSS&P GLOBAL RATINGS trimmed its gross domestic product (GDP) forecast for the Philippines for this year and 2025 amid expectations that high interest rates will continue to crimp domestic demand. In

Rice grains are displayed with a farmer miniature in this illustration picture taken on June 20, 2023. _ REUTERS/FLORENCE LO/ILLUSTRATIONBy Kenneth Christiane L. Basilio THE GOVERNMENT is open to adjusting tariff rates on rice imports if global prices show a steady decline, National Economic and

Students walk inside the campus of a high school in Quezon City, April 18, 2024. — REUTERSTHE PHILIPPINES has to take advantage of the changing population structure in the next 25 years, when the working-age population will outnumber dependents, according to the World Bank (WB).“The

Tourists pose for souvenir photos in Boracay, Aklan in this file photo taken on April 6, 2023. — PHILIPPINE STAR/ MIGUEL DE GUZMANTOURIST ARRIVALS in the Philippines are expected to jump by 33% this year, but will only return to the pre-pandemic level by 2025,

EMPERADOR, Inc. said it allocated P6.5 billion for its capital expenditure (capex) budget this year to strengthen its whiskey business.Bulk of the capex was allotted for the expansion of the Dalmore distillery, slated for completion in the second half of the year, Emperador said in

GLOBE.COM.PHGLOBE Telecom, Inc. said it is close to finalizing its tower sales to Phil-Tower Consortium, Inc. (PhilTower) after selling another 48 towers for P710 million.This brings PhilTower’s total acquisitions to 1,148 towers, or 85% of the planned 1,350 towers, Globe said in a statement on

GLOC-9 and Raymund MarasiganFILIPINO rap icon Gloc-9 explores distinctly Filipino stories through hard-hitting verses in his latest album, Sari-Sari Story.The renowned rapper, whose real name is Aristotle Polistico, has been making music for over 25 years. For the new album, he has collaborated with original

THE National Privacy Commission (NPC) announced on Monday that it had been notified by the Jollibee group of a data breach affecting approximately 11 million data subjects.According to the NPC, Jollibee reported at 11:38 a.m. on June 22 about a potential unauthorized access to its

Panasonic Manufacturing Philippines Corp. to hold virtual Annual Stockholders' Meeting on July 19 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify

BW FILE PHOTOTHE National Grid Corp. of the Philippines (NGCP) said it has fully energized the Hermosa-San Jose (HSJ) 500-kilovolt (kV) transmission line with a capacity of 8,000 megawatts (MW).“NGCP completes this landmark energy project under the leadership and guidance of President Ferdinand R. Marcos,