The sunset is seen from Paranaque City, March 7. The World Bank projects Philippine economic growth to average 5.8% in this year. — PHILIPPINE STAR/RUSSELL PALMAWASHINGTON — The World Bank on Tuesday said the US economy’s stronger-than-expected performance has prompted it to lift its 2024

WEST ZONE concessionaire  Maynilad Water Services, Inc. has started preparations for an initial public offering (IPO), aiming for a listing by 2026 at the earliest, the company’s president said.“It has to happen on or before January of 2027, so we’re looking at anywhere between after

MANILA Electric Co. (Meralco) said it has started the bidding process for 600 megawatts (MW) of baseload power supply to meet energy requirements from 2025 onwards.The company launched the competitive bidding process aimed at securing a 15-year power supply agreement, scheduled to start on Aug.

PH1 World Developers, Inc. President Gigi G. Alcantara has expressed confidence in the likelihood of the company’s planned initial public offering (IPO) proceeding by 2025.“There is a huge possibility that it could be 2025,” Ms. Alcantara told reporters during a recent event in Pasig City.“We are

WORLD Cucumber Day falls on Friday, June 14 — and a gin brand is having a “twisted” way of celebrating it.From June 13 to June 15, Hendrick’s Gin will treat bar goers with a spectrum of peculiar activities. The gin brand by William Grant &

METRO PACIFIC Investments Corp. (MPIC) said it expects to finalize a deal with the Indonesian government for its toll road bid by July.“Hopefully by July, it will be closed, we will sign the definitive agreement, and then it will be part of the merger (with

PURE Energy Holdings Corp., the parent company of listed Repower Energy Development Corp. (REDC), said it plans to venture into artificial intelligence (AI)-powered agricultural technology.The company will begin with the construction of a pilot model for a climate-controlled indoor farm by the third quarter of

The main office of the Bangko Sentral ng Pilipinas in Manila. — BW FILE PHOTOTHE PHILIPPINE BANKING sector’s total assets climbed by 12% year on year at end-April, driven by an increase in loans, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).Central

THE PENINSULA Ultimate Father's Day Dream Lounge FOR FATHER’S DAY on June 16, we’ve got a positive smorgasbord of a list of things to do with Dad in the city. These include hotel stays, mall hangouts, and dinners for delivery.HOTELS AND RESORTSThe Peninsula ManilaThe Peninsula

DELL TECHNOLOGIES has launched its latest artificial intelligence (AI)-supported commercial laptops, workstations, and wireless headset in the Philippines, with the products targeted to boost employee productivity amid the rise of hybrid work.“I think we all know how AI has changed the way we work, the