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Apple announced the upcoming launch of Apple Pay later — its buy now, pay later service — this week at its annual developer conference in California. Apple Pay Later allows users to make purchases with Apple Pay and spread four…

Gary McGaghey on the CFO’s Role in Talent Development and Capability Building

When the CFO of a company takes the lead in improving financial acumen and other capabilities, they can raise both their leadership profile and the company’s strategies. Today’s most successful CFOs identify which capabilities will create significant value, ensure that…

HSBC cuts PHL growth outlook

PHILIPPINE STAR/ MICHAEL VARCAS HSBC GLOBAL Private Banking trimmed its Philippine growth outlook to 5.7% this year, which is slightly below the government’s 7-8% target, citing the impact of the slowing global economy and soaring inflation. During the HSBC Global…

Next central bank governor signals at least two rate hikes

FELIPE M. MEDALLA / COURTESY OF BANGKO SENTRAL NG PILIPINAS THE PHILIPPINES will likely follow its interest-rate increase last month with at least two more hikes to curb inflation, according to the central bank’s incoming governor. “It’s almost a sure…

Marcos gov’t unlikely to suspend fuel tax

Motorists start filling up gas at a station in Marikina City, June 6. — PHILIPPINE STAR/ WALTER BOLLOZOS A SUSPENSION of the excise tax on fuel products is unlikely under the administration of President-elect Ferdinand R. Marcos, Jr., according to…

May inflation sizzles to 3-1/2-year high

A couple shops at a supermarket in Makati City. — PHILIPPINE STAR/ RUSSELL PALMA INFLATION QUICKENED in May to its highest level in three and a half years, fueled by soaring food and transport costs, the statistics agency said on…

CTA denies manpower firm’s appeal to cancel tax liabilities

THE Court of Tax Appeals (CTA) has denied the appeal of Service Resources, Inc. to cancel its deficiency income taxes worth P9.5 million for taxable years 2009, 2010, and 2011. In a decision on June 3 and made public on…

Low vax uptake against common illnesses puts seniors at risk

PHILSTAR By Brontë H. Lacsamana, Reporter  SENIOR CITIZENS, who are more prone to illnesses like influenza and pneumonia which may then worsen other comorbidities (or vice versa), must be vaccinated in order to keep them safe and healthy this rainy…

Magsaysay-Ho painting highlights auction

1 of 4 OVER 100 works are being offered at Salcedo Auctions’ upcoming “Finer Pursuits: Important Philippine Art & Rare Collectibles” live and online auction on June 25, 2 p.m. The lots for sale include a large Anita Magsaysay-Ho painting…

Arts & Culture (06/08/22)

1 of 23 Ortigas Library offers conservation services THE ORTIGAS Foundation Library is offering conservation services for old maps, rare books, historical papers, family letters and documents at its new home at the McKinley Bldg. (above Unimart) at the Greenhills…

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