Analysts’ January inflation estimates (2021)

HEADLINE INFLATION likely quickened for the fourth straight month in January amid rising prices of food and oil products, a BusinessWorld poll of economists showed. Read the full story. Advertisement

Inflation likely picked up in January

Pork prices have soared amid a shortage due to the outbreak of African Swine Fever (ASF). — PHILIPPINE STAR/MICHAEL VARCAS By Luz Wendy T. Noble, Reporter HEADLINE INFLATION likely quickened for the fourth straight month in January amid rising prices…

Tax court affirms cancelled P506-M assessment on Grand Plaza

CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) affirmed the cancellation of tax assessment on Grand Plaza Hotel Corp. for 2008 worth P506 million. In a resolution dated Jan. 19, the court, sitting en banc, denied for lack of merit the…

Coronavirus pandemic spurs tie-ups for digital payments

DATA from the Bangko Sentral ng Pilipinas showed cash remittances coursed through banks edged up by 0.3% to $2.379 billion in November from $2.372 billion a year earlier. — BW FILE PHOTO THE PANDEMIC is putting more people at ease…

First Shell retail station built with ‘eco-bricks’ rises in Bulacan

TALK BOX By Kap Maceda Aguila 1 of 4 Facility made of upcycled materials is considered a ‘milestone’ IT’S ALL ABOUT promoting a “circular economy,” says Randy Del Valle, Pilipinas Shell general manager and VP for its mobility…

Trading in January led by local investors – PSE

LOCAL retail and institutional investors dominated stock market trading in January, marking the eight straight months that foreigners were left behind, the Philippine Stock Exchange (PSE) said. PSE President and Chief Executive Officer Ramon S. Monzon said in a statement…

Material trends offer opportunities for textile sustainability challenges

TEXTILE presents sustainability challenges as the world moves to a more circular economy, but recent trends provide an opportunity to surpass these. “The initial challenges are almost insurmountable, but we’re starting to chip away at that,” said Andrew Dent, executive…

T-bill and bond rates may move sideways on cautious sentiment

RATES ON government securities may move sideways this week as investors are becoming more cautious amid uncertain recovery prospects. — BW FILE PHOTO RATES OF government securities on offer this week will likely move sideways or end mixed, with investors…

Philippines remains a starter in digital transformation

By Arjay L. Balinbin, Senior Reporter THE Philippines ranked 59th out of 79 countries in the 2020 Global Connectivity Index (GCI) report by Chinese technology firm Huawei Technologies Co.,Ltd., suggesting that the country remains a “starter” when it comes to…

COVID crisis, elections may derail Duterte’s reform agenda

The Duterte administration may run out of time to pursue its key reform measures. — PHILIPPINE STAR/MICHAEL VARCAS THE coronavirus crisis and lawmakers’ preparations for the 2022 national elections could hamper efforts to legislate reforms to boost the Philippine investment…

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