Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
If he would have his way, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III would not extend the enhanced community quarantine (ECQ) beyond Aug. 20. (File photo/ Screengrab from Zoom meeting) "Frankly my personal position would be to give a break to our workers. Kung ituloy...
Youth leaders of Asia find mentorship and guidance from Ramon Magsaysay Award laureates YOUTH QUAKE With the recent celebration of Youth Day, this week's issue of the Philippine Panorama brings to light the potential and the issues of the youth today (Illustration by Diitka Laya Kashyap , cover...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
Instead of an extended enhanced community quarantine (ECQ) in Metro Manila, Department of Trade and Industry (DTI) Secretary Ramon Lopez said he would rather have a deescalation of the restriction to a modified enhanced community quarantine (MECQ) with granular lockdowns. DTI Secretary Ramon Lopez...
The domestic plastics industry has been alarmed by the passage in the Lower House of HB 9147 (Single-Use Plastic Products or SUPs Regulation Act) and HB 9171 (Plastic Tax Act), imposing P20 per kg. excise tax on plastic bag products, which seek to curb the plastic waste problem. Photo credit:...
EDITORS DESK Ramon Bonilla With the Olympic fever slowly fading from national consciousness and the Filipino winners now settling into their brandnew life of the rich and famous after a performance to remember in Tokyo, the question now lies on the sports leaders on how they will value time and...
Filinvest REIT Corp., (FILREIT) successfully listed at the Philippine Stock Exchange, closing the day one fluctuation higher at P7.02 from its initial public offering price of P7.00 despite the drop in the local market. “After months of great uncertainty, we finally arrived in our destination:...
Photos from AFP San Miguel Corporation (SMC) president Ramon S. Ang has pledged a total of P22 million in incentives to the Tokyo Olympics medalists who carried the Philippines to its greatest performance yet in 97 years of competing in the biggest sporting stage. Ang, a longtime sports patron,...
The Philippine Stock Exchange announced the recomposition of its benchmark index with the addition of AC Energy Corporation and Converge Information and Communications Technology Solutions, Inc. starting August 16, 2021. In a statement, the bourse said the two securities will replace DMCI Holdings,...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P29.6 billion in the first six months of 2021—a significant turnaround from its P4.0 billion net loss in the same period last year. In a statement, the firm attributed its performance to the robust recoveries posted by...
San Miguel Food and Beverage, Inc. (SMFB) reported that its first half consolidated net income rose 137 percent to P17.36 billion, surpassing pre-pandemic profits in the first half of 2019. In a disclosure to the Philippine Stock Exchange, the firm said this was driven by stronger operating...
