Top News
Starbucks admits mistake placing cap on senior citizens, PWD, solo parents discounts
The local licensee of coffee shop Starbucks has acknowledged its “mistake” in placing a cap on the 20 percent discount that senior citizens and persons with disability are legally entitled to, and immediately ordered the removal of the “erroneous signages.”
Anticipated drop in mortgage rates seen boosting residential, industrial space development
An expected monetary policy easing this year—and consequently a drop in mortgage rates--should bolster demand for residential projects and industrial space, the latest edition of Colliers Research said.
Manila rated long on renewable energy plans, short on actual construction
At 99,396 megawatts, the Philippines owns the largest batch of prospective wind and solar projects that have been hatched by any sovereign in southeast Asia, larger than even Vietnam's 86,218 MW, the think tank Global Energy Monitor has reported.
Migrant Filipino workers’ cash remittance in Nov at $2.7B, up 2.8%
Filipinos working overseas sent back to the Philippines in November USD2.7 billion in cash, up 2.8 percent from the USD2.6 billion remitted in the year-earlier period, data from the Bangko Sentral ng Pilipinas said Tuesday.
Growth outlook seen quicker than 6% over three years
The Philippines is seen growing its economy at a rate faster than six percent in terms of the gross domestic product (GDP) between this year and 2026, the financial information and analytics firm S&P Global recently reported.
