NEW YORK — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their...
Tycoon Andrew Tan’s Megaworld Corporation, the country’s leading township developer, posted a 10 percent improvement in net income to P5.02 billion during the first quarter of 2024 from the P4.56 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
If you’re seeking a BGC spot to hang out with friends for a chill night out and enjoy authentic Chinese dishes and cocktails, look no further than the newly opened Red Lotus by Modern Shang. Located at One Bonifacio High Street, this Chinese resto-bar is the younger, hip outlet of Modern Shang...
K-pop girl group UNIS finished their U&iS Fansign Philippine Tour in Cebu and Manila, and thanked Filipinos for their love and support. “Maraming salamat (thank you) to all the fans for welcoming us with so much love during our tour in the Philippines!!” UNIS posted on X (formerly...
The B★VERSE “BTS, Singing the Stars” VR Exhibition will be happening from May 17 to Aug. 15 at the New Gateway Mall 2 in Araneta City in Quezon City. The exhibition will feature immersive virtual reality experience, which includes vivid recreations of BTS’ iconic The Fact Music...
While optimistic that its business remains on strong footing, taipan Lucio Tan’s LT Group is also being cautious as interest rates remain high while inflation is rising. “We are excited about the future. Our fundamentals are solid. While we are cautiously optimistic about the macroeconomic...
Korean entertainment agency Big Hit Music denied any link between Grammy-nominated K-pop group BTS and meditation group Dahnworld and religious cults. As the fight between HYBE and NewJeans’ agency ADOR CEO Min Hee-jin continues to heat up, rumors spread linking BTS to Dahnworld, accused as...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family reported a 32.6 percent drop in net income to P618 million last year from the P917.3 million earned in 2022. In a disclosure to the Philippine Stock Exchange, the firm said that, in terms of core net income which excludes one-time...
The Armed Forces-Western Mindanao Command cited troops from the Joint Task Force Zamboanga Peninsula-Lanao (ZamPeLan) for neutralizing a sub-leader of the Daulah Islamiyah-Maute Group and four of his followers in Lanao del Norte on Monday, April 29. READ:...
Five members of local terror group Daulah Islamiyah-Maute Group died while five soldiers were wounded in a fierce gun battle in Munai, Lanao del Norte on Monday, April 29. Maj. Gen. Gabriel Viray III, commanding general of the 1st Infantry Division, said the operation stemmed from intelligence...
Global girl group UNIS added another date to their fan signing event in Manila to give more chances for people to meet them. UNIS will be holding their “U&iS Fansign Philippine Tour” in Manila and Cebu. The tour originally had two dates slated on May 4 at Ayala Center Cebu and...
Celebrating women in agriculture. Women represent more than 30 percent of farmers under the Jollibee Group Foundation’s Farmer Entrepreneurship Program (FEP), which enables smallholder farmers to enhance their technical and business skills so they can improve their harvest and their livelihood In...
