The country’s unemployment rate went up to a three-month high of 6% in May while job quality deteriorated, the Philippine Statistics Authority (PSA) reported on Thursday morning. Preliminary data from the statistics agency showed this was higher than the jobless rate

BPI Asset Management and Trust Corporation (AMTC), the wealth management arm of the Bank of the Philippine Islands (BPI), announces the appointment of Maria Theresa D. Marcial as its new President and Chief Executive Officer effective June 15, 2022.  Taking the

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Coca-Cola’s Davao Del Sur plant with close to 4,000 solar panels installed by TeaM Energy THE PHILIPPINES lags regional peers in terms of the share taken up by solar and wind energy in its power mix, energy think tank Ember said

Finance Secretary Benjamin E. Diokno answers questions from the media during a press briefing at the New Executive Building, Malacañan Palace, July 6. — PHILIPPINE STAR/ KRIZ JOHN ROSALES THE PHILIPPINE government tempered its economic growth target for this year,

A worker inspects one thousand pesos bills inside a money changer in Manila, Philippines March 23, 2016. — REUTERS By Keisha B. Ta-asan SOURED LOANS held by Philippine banks declined for a third straight month in May, bringing the nonperforming loan (NPL)

PHILIPPINE STAR/ MICHAEL VARCAS THE NATIONAL Government is hoping local government units (LGUs) will channel their expanded budgets into raising agricultural output, Finance Secretary Benjamin E. Diokno said. Mr. Diokno said in an interview with ANC on Wednesday that LGUs “incidentally have

WORKERS fix an electric line in Payatas, Quezon City, March 13. — PHILIPPINE STAR/ MICHAEL VARCAS THE MARCOS administration should immediately address power supply shortages and high electricity rates, which are affecting businesses in the country, the Philippine Chamber of Commerce

PHILSTAR FILE PHOTO MANILA Electric Co. (Meralco) has confirmed receipt of an order from the Energy Regulatory Commission (ERC) directing the country’s largest power distribution utility to refund distribution-related charges amounting to P21.8 billion or 87 centavos per kilowatt-hour (kWh) for

AC ENERGY Corp. (ACEN) is planning a P30-billion debt securities program to be shelf-registered with the corporate regulator, with a P10-billion first tranche allocated for three solar projects with a combined capacity of 458 megawatts (MW). In a regulatory filing, the