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Gov’t budget shortfall narrows in March, widens in 1Q

The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.

“China is so big there is room for business to grow”

Property developer SM Prime Holdings Inc. brush aside notions of a slowing China economy, saying the country's neighbor continues to offer a lot of potential as the world’s second largest economy, reports to the contrary notwithstanding. 

BDO rules out investor role in SMC-led consortium rehabilitating NAIA

BDO Unibank Inc. is interested in extending the San Miguel Corp. the funds it requires to take over and rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) won in a bidding process. 

When checking-in at SM City-Clark means flying, not resting or shopping

Clark International Airport (CRK) authorities on Friday lauded the Department of Transportation (DOTr) and the initiative it took making possible for passengers to check-in at SM City Clark prior to taking scheduled flights. 

AO 20 a necessary measure to ensure food security—NEDA chief

Economic Planning Secretary Arsenio Balisacan on Thursday called as a “necessary measure” for food security the issuance of Administrative Order 20, which streamlines procedures and policies and removes non-tariff barriers for the importation of agricultural products.

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Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

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