Weak public consumption seen to dampen economic recovery

PUBLIC CONSUMPTION — a major growth driver for the Philippine economy — likely remained sluggish in the second quarter due to the weakness in the jobs market and the strict lockdown enforced in April, First Metro Investment Corp. (FMIC) and…

Asia United Bank targets to grow assets under management by 20%

ASIA UNITED Bank Corp. (AUB) is looking to grow its trust business’ assets under management (AUM) by 20% to P32 billion amid improving investor confidence due to better economic prospects, it said in a statement on Wednesday. The bank’s growth…

Microsoft’s Surface Pro 7+ for Business is ideal for those working, studying on the go

MICROSOFT Corp. recently introduced its Surface Pro 7+ for Business, aimed at empowering businesses and students amid a pandemic crisis that has accelerated digital transformation across industries. The Surface Pro 7+ for Business is ideal for bosses, employees and students…

SEC clears IPO of Saint Pio’s Medical Center

THE Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of Saint Pio’s Medical Center, Inc. (SPMCI) for up to P480-million worth of shares. “In its meeting on June 29, the Commission En Banc resolved to render…

Loud and proud and yummy

1 of 2 WELL — it’s all in the name isn’t it? Food for The Gays makes its beliefs and its origins as obvious the rainbow flag permanently displayed on its door. Food for the Gays (sometimes called FFTG for…

Yields on term deposits mixed after PHL global bond offering

BW FILE PHOTO YIELDS ON THE central bank’s term deposits ended mixed on Wednesday, with more investors opting for the longer tenor following the country’s global bond sale. Total bids for the term deposit facility (TDF) of the Bangko Sentral…

Facebook launches its newsletter product Bulletin to rival Substack

FACEBOOK, Inc. launched its newsletter product “Bulletin” on Tuesday, a standalone platform for free and paid articles and podcasts that will aim to rival Substack. CEO Mark Zuckerberg announced the platform, which is live at Bulletin.com, and introduced some of…

Megawide eyes 2 contracts, P100-B order book

By Arjay L. Balinbin, Senior Reporter MEGAWIDE Construction Corp. expects to secure one contract worth P20 billion by December of this year and another by early next year, bringing its order book to P100 billion. “We expect one package to…

Private sector calls for more tech, infrastructure PPPs

PHILIPPINE STAR/ MICHAEL VARCAS By Jenina P. Ibanez, Reporter PRIVATE SECTOR groups are calling for more collaboration with the government to improve pandemic response and economic recovery projects. Management Association of the Philippines Committee on National Issues Chair Rizalina G.…

June inflation likely settled within 3.9-4.7%

PHILIPPINE STAR/ MICHAEL VARCAS HEADLINE INFLATION likely remained above the government’s annual target range for a sixth straight month in June, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said. In a Viber message to reporters, Mr. Diokno said…

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