A vendor arranges eggs in boxes at a store along Blumentritt in Manila, Jan. 26. — PHILIPPINE STAR/WALTER BOLLOZOSHEADLINE INFLATION likely cooled in January as weaker demand, the peso’s appreciation against the US dollar, and slower growth in food prices offset the rise in utility rates and pump prices.A BusinessWorld poll of 15 economists last week yielded a median estimate ...

Bangko Sentral ng Pilipinas Governor Felipe N. Medalla poses for a photogra ph in his office at Manila, Philippines, Nov. 18, 2022. — REUTERSBy Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) will focus on managing inflation expectations in its policy review this month, even as the US Federal Reserve delivered a smaller rate hike at its own ...

PHILIPPINE STAR/ EDD GUMBANTHE SENATE is working to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement within the first quarter, Senate President Juan Miguel F. Zubiri said.“The RCEP ratification is a priority of our Senate,” Mr. Zubiri said in an ambush interview on the sidelines of a forum organized by the Department of Environment and Natural Resources in Cagayan ...

A passenger wears a mask as she arrives at the Ninoy Aquino International Airport in Pasay City. — REUTERSCHINA’S REOPENING may bring a surge in tourists to Southeast Asia, but this may not have a big impact on the Philippine economy, analysts said.“Though China’s reopening will bring more tourists to Southeast Asia in general, this will likely have only second-order ...

BW FILE PHOTOTHE Energy Regulatory Commission (ERC) is considering its legal options after the appellate court indefinitely suspended a power supply deal that the regulator wanted the contracting parties to honor at their previously agreed price.“The Office of the Solicitor General (OSG) is still studying all available legal remedies, including possibly going to the Supreme Court (SC), among others. We ...

1 of 2ON FRIDAY, Watsons, the health and beauty retailer, opened its biggest store, at almost 1,000 square meters (sq.m.) — which is also its 1,000th store — in SM North EDSA.There are over 20,000 items in stock, and the store incorporates several new features, such as self-checkout, a screen that helps a customer preview makeup on their face, a ...

THE Securities and Exchange Commission (SEC) has warned the public against investing in six companies — Webmining, Oyala, BKC Trading, Winvest, Mazama, and Meta Trade — as they have not secured a license to offer securities. In an advisory, the SEC said Webmining has been enticing investors through social media in its six investment plans worth P500. Investors in Webmining ...

SPANISH-BORN French fashion designer Paco Rabanne seen in his Paris workshop. — REUTERS FILE PHOTOPARIS — Paco Rabanne, the Spanish-born designer best known for his metallic ensembles and space age designs of the 1960s, has died at the age of 88.The eponymous label he exited more than two decades ago hailed him as “among the most seminal fashion figures of ...

ALEXES GERARD-UNSPLASHINITIAL public offerings (IPOs) this year are seen to be dominated by companies serving consumers, entities in growth sectors, and real estate investment trusts (REITs), as the market further gains strength.“We see IPOs for this year being dominated by companies in the growth sectors such as renewable energy, fintech, etc. and the consumer sector. We are also seeing more ...

1 of 4MITSUBISHI MOTORS hit a home run when it unveiled the first-generation Xpander subcompact seven-seater MPV to the Philippine market almost five years ago in March 2018.The Xpander took the MPV market by storm — and Mitsubishi followed that up with a model that, um, expanded the model into the SUV realm. That was the first-generation Xpander Cross, which ...