Bonifacio High Street Ranks 41st in Expensive Rentals in the World

Source: BusinessWorld

Economic growth will likely exceed target this year given expectations of a "robust" fourth quarter, Socioeconomic Planning Secretary Arsenio Balisacan said on Monday...

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The passage of a law creating the Maharlika Investment Fund (MIF) will be beneficial to the implementation of the Marcos administration’s Philippine Development Plan for 2023-2028 as it can help finance the national government’s investment priorities, according to Economic Planning Secretary Arsenio Balisacan...

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The country’s economic growth may exceed the target set by the government for this year, given its latest performance and expectations of strong growth in the last quarter of the year, the National Economic and Development Authority (NEDA) said...

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The Philippines’ balance of payments in a month swung back to a deficit at $756 million in November, more than six times as wide as the $123-million deficit recorded in the same month of 2021 as the government serviced foreign debt while the Philippine peso was emerging from weakest levels against the US dollar...

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Fifth Avenue in New York City is the world’s most expensive shopping street once again, according to a new global ranking from real estate services firm Cushman & Wakefield...

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The Philippine economy likely saw strong growth in the fourth quarter, putting it on track to surpass the government’s full-year target, Socioeconomic Planning Secretary Arsenio M. Balisacan said on Monday...

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The United States on Tuesday expressed support for the Philippines amid reports Chinese vessels are swarming near Iroquois Reef and Sabina Shoal in the Spratly Islands...

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As agriculture groups buck the extension of lower tariffs, the Department of Agriculture (DA) defended this move as this will allow it to manage food security and affordability by balancing imports with local production while encountering typhoons and outside risk factors...

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The decision of President Ferdinand Marcos Jr. to approve the extension of lower tariffs on essential imported food items, including rice, is good, but long-term policies are needed to address food supply issues...
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Manila Electric Co. (Meralco) on Monday asked the Court of Appeals to lift a temporary restraining order (TRO) issued in favor of South Premiere Power Corp. (SPPC) and also deny the generation company's application for a writ of preliminary injunction...
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Imagine that you received a prescription from your doctor. You wanted to purchase the listed medicines but could not read his handwriting!...

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Artificial intelligence (AI) or AI-powered writing has become an increasingly popular tool in recent years, given the rise of many apps. With a click of a button, a management educator, researcher or student can automate the editing of grammar style, paraphrase sentences and even generate paragraphs out of word prompts…

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The Bangko Sentral ng Pilipinas is urging Filipinos to give digital cash gifts not only to promote financial inclusion but also as a safety measure amid the continuing COVID-19 pandemic...

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The use of traditional fuels for transport has been observed to have caused problems for the environment, such as increased emissions of greenhouse gases to the environment. In addressing such alarming problems, electric vehicles (EVs) are being included as part of the solution...

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Plans and developments in the energy sector are valuable in powering the country with renewable energy (RE) and reducing greenhouse gas emissions (GHG) to help create a sustainable future. This means an imperative role to take on by the country’s Department of Energy (DoE)…

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Nigerian-related cybercrimes in the Philippines surged in 2020, as syndicates took advantage of the accelerated digitalization at the height of the coronavirus pandemic, a report by the Anti-Money Laundering Council (AMLC) showed...

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The United Nations Children’s Fund (Unicef) called on policymakers to strengthen and prioritize its holistic approach to education after baring that one in three digital learning platforms created during the COVID-19 pandemic has either already completely shut down, was outdated, or no longer fully functional...

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Countries reached a historic deal on Monday to reverse decades of environmental destruction threatening the world's species and ecosystems, in what the UN chief hailed as "a peace pact with nature"...

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Europe and North America have seen shortages of the key antibiotic amoxicillin and other medications as surging illnesses particularly among children have increased demand for the drugs...

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President Vladimir Putin on Tuesday said the situation in four territories of Ukraine that Russia claims to have annexed was "extremely difficult."...

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A United Nations summit approved on Monday a landmark global deal to protect nature and direct billions of dollars toward conservation but objections from key African nations, home to large tracts of tropical rainforest, held up its final passage...

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North Korea said on Monday it had fired a test satellite in an important final-stage test for the development of its first spy satellite, a key military capability coveted by its leader Kim Jong Un, along with other high-tech weapons systems...

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President Vladimir Putin has ordered the strengthening of Russia’s borders and instructed special services to keep greater control of society and to ensure the safety of people in regions in Ukraine that Moscow claims as its own, news agencies reported...

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Oil prices inched higher on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but gains were capped by uncertainty over the impact of rising COVID-19 cases in top oil importer China...

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European equities rose Monday in light pre-Christmas trade, rebounding gently from last week's losses that followed bumper interest rate hikes, but Wall Street and Asian markets failed to get into the holiday spirit...

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The US Supreme Court on Monday said COVID-era restrictions at the US-Mexico border that have prevented hundreds of thousands of migrants from seeking asylum should be kept in place for now, siding with Republicans who brought a legal challenge...

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North Korea on Tuesday denounced Japan’s new security strategy as fundamentally changing the regional security environment and warned it will show how “wrong” and “dangerous” Japan’s choice is with unspecified actions, official news agency KCNA reported...

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A majority of Filipino adults will be facing the coming year with hope, according to a Pulse Asia survey...

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The Department of Social Welfare and Development (DSWD) has launched the free birth registration for indigenous peoples (IPs) that would pave the way for their inclusion in the social protection programs of the government...

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The Philippine National Police (PNP) said on Monday it is "not inclined" to recommend a Suspension on Police Operations (SOPO) against communist insurgents this holiday season, despite the death of Communist Party of the Philippines (CPP) Founding Chairman Jose Ma. "Joma" Sison...

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The Commission on Elections (Comelec) will ramp up its information campaign for the register anywhere program (RAP) following the low turnout of voter registration at sites outside Metro Manila...

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Filipinos who have received their COVID-19 shots are already protected from further infection and boosters and bivalent vaccines may no longer be needed as long as people pay attention to their health, an infectious disease expert said...

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Decisions of the Department of Health (DOH) are based on science, Health officer-in-charge Maria Rosario Vergeire said on Tuesday when asked why the administration of second booster shots against COVID-19 is still not open for the general public...

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The Communist Party of the Philippines (CPP) on Monday said its armed wing, the New People’s Army (NPA), would not observe a ceasefire with government troops this holiday season...

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A mobile phone-based survey found that one in two of respondents who were aware of the Maharlika Investment Fund (MIF) were in favor of the bill creating it, the market research company Tangere said Monday...

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Amid the holiday season, Metro Manila is decked with light displays—not only in malls and public places, but also on the region’s major roads as the Christmas rush is causing “carmageddon” once again, unveiling thousands of vehicles barely moving...

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Cases of flu and water-borne infectious diseases (WILD) have increased since November, the Department of Health (DOH) reported on Tuesday...

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Filipinos were split on whether this year’s Christmas celebration would be “more prosperous” or “same” as last year, a recent Pulse Asia survey showed...

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The Department of Justice (DOJ) is seeking executive clemency for around 2,000 inmates at the New Bilibid Prison (NBP) in line with plans to decongest the “mega prison” in Muntinlupa City...

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Pump prices are going up today after a series of rollbacks implemented in the past couple of weeks...

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Philippine inflation will likely peak in December, central bank Governor Felipe Medalla said on Tuesday, after it reached a 14-year high in November...

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The Philippine central bank cannot rule out more interest rate hikes in 2023 as it seeks to bring inflation, running at 14-year highs, close to 3 percent in the third quarter of next year, its governor said on Tuesday...

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Ranking officials of the Department of Agriculture (DA) on Monday ruled out a rice shortage in 2023. In a year-end press conference, Agriculture Senior Undersecretary Domingo Panganiban also said that there will be no rice importation during the first quarter of next year...

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The Department of Agriculture (DA) expects the country’s agriculture output to grow by as much as 1.5 percent this year as the rice and livestock sectors recover...

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The country's agricultural production is expected to expand up to 2.5% in 2023, according to the Department of Agriculture (DA)...

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The peso continued to gain against the dollar on Monday but the stock market fell anew with investors said to have been spooked by rate hike fears and PLDT's announcement of a multibillion-peso "budget overrun."...

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The local stock market opened the week on a sour note, dragged down by recession fears in the US and a selloff in shares of heavyweight PLDT following its disclosure that it incurred a budget overrun of P48 billion...

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The proposal for the fund faced a backlash soon after Marcos’ allies filed it in Congress. Even the central bank chief, Felipe M. Medalla, initially expressed reservations, questioning how it would be governed and drawing a comparison to the scandal-tainted Malaysian state investment fund 1Malaysia Development Berhad (1MDB)…

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Leading digital solutions platform Globe dominated the ASEAN Corporate Governance Scorecard (ACGS) anew, bagging three awards at a virtual awarding ceremony held last Dec. 1...

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Shares in PLDT, Inc. fell more than 19% on Monday after reporting an estimated P48-billion budget overrun over the past four years, which caused the telecommunications giant to reorganize its management...

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