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Shark’s Billiards to launch world’s first professional pool players league

The Philippines, home of the best billiard players in the world, will soon be the first country to have a professional league, an initiative that organizers are hopeful will result in the resurgence of the sport and development of more players in the grassroots.

Consumer lending continues to drive EastWest Bank income

EastWest Banking Corp., the country’s 11th largest lender by assets and led by the Gotianun Group, on Tuesday reported steady expansion of its consumer lending activities and strategic digital initiatives and continued to deliver dividends, nudging first-quarter net income to P1.7 billion from P1.6 billion the year-earlier period.

Philippine inflation accelerates in April, fueled by higher food prices

Consumer prices continued to pick up pace in April, with the cost of food such as rice, fish and vegetables as well as that of fuel leading the way.

IFC targets growing PH non-life insurance market by investing in a special purpose vehicle

The International Finance Corp., the private sector investment arm of the World Bank, has invested USD10 million in a consortium of investors led by...

Luzon briefly under yellow alert on Monday

The National Grid Corporation of the Philippines (NGCP) on Monday placed the Luzon grid under yellow alert status anew.

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Almazora drives Philippine transport from carriages to modern PUVs

Before horsepower became a figure on a vehicle specification sheet, it meant exactly what it said: a horse pulling a carriage.

Philippines calls on world to fund, protect nature at COP17

The Philippines has urged the international community to urgently scale up financing for biodiversity and strengthen cooperation to turn global conservation commitments into real results, as the 17th Conference of the Parties to the UN Convention on Biological Diversity (CBD COP17) got underway here Friday, October 16.

When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.
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