With the economic effects caused by the pandemic, it’s more important than ever to make smarter decisions about finances and be prepared for what comes next. As investments, fine jewelry continues to stand the Read More

PEOPLE line up to get free food supplies from a community pantry in Quezon City, April 26. — PHILIPPINE STAR/ MICHAEL VARCAS THE COUNTRY’S jobless rate in March fell to its lowest level since the start Read More

PHILIPPINE STAR/ MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE INSTITUTE of International Finance (IIF) slashed its growth forecast for the Philippines this year to 6.5% due to renewed lockdown measures imposed to curb a fresh Read More

PHILIPPINE STAR/ MICHAEL VARCAS THE PHILIPPINE economy likely remained in a recession in the first quarter, as domestic consumption continued to be sluggish amid the prolonged health crisis. ING Bank N.V. Manila Senior Economist Read More

THE CENTRAL BANK received about 20,000 complaints, mostly related to fraud and unauthorized transactions, from financial consumers in 2020. — RAWPIXEL.COM-FREEPIK THE central bank warned that a major cyberattack could affect the stability of the financial system, Read More

PHILIPPINE STAR/ MICHAEL VARCAS THE Philippines’ red tape watchdog is urging the World Bank (WB) to review the methodology of its flagship Doing Business report, raising concerns about the data collection method. The World Bank’Read More

By Arjay L. Balinbin, Senior Reporter PLDT, Inc. reported on Thursday an attributable net income of P5.80 billion for the first three months of 2021, down 1.84% from P5.91 billion in the same period a year ago, Read More

CAPITAL Town is Megaworld’s township in the city of San Fernando in Pampanga. — COMPANY HANDOUT ANDREW L. Tan’s Megaworld Corp. increased its spending budget this year by 29% to P36 billion from P27.9 billion Read More

By Keren Concepcion G. Valmonte MONDE Nissin Corp. has set the final price of its maiden offering to P13.50, around 23% lower than the P17.50 ceiling declared in its registration statement after receiving advisory from its Read More

RFM Corp. recorded a 51% increase in its attributable net income to P320 million in the first quarter due to sustained topline growth in its milk, pasta, and flour brands, it said in a regulatory filing Read More