Tag: Global Uncertainty

A heritage hotel is getting a new hand at the helm.

The Philippines will still face a 12.5 percent tariff on most exports to the US after Washington concluded its latest Section 301 review, finding that Manila had not yet effectively enforced a ban on imports produced through forced labor despite newly adopted reforms.

The Philippines’ biggest property developers are placing greater emphasis on malls as retail continues to outperform other real estate segments, supported by resilient consumer spending and the appeal of stable recurring rental income.

Various groups and industry stakeholders are calling for policy changes that help bring down electricity rates at the hearing convened by the Senate Committee on Energy on Thursday. The Department of Energy confirmed earlier this week that power rates average P12.43 per kilowatt-hour in June, the highest across all 11 ASEAN member states, and slightly higher than Singapore’s for the same month.