RAWFILM/UNSPLASH BARCELONA — The number of jobs in renewable energy worldwide increased in 2020, despite the huge economic disruptions caused by the coronavirus disease 2019 (COVID-19) pandemic, with the growing industry holding up better than fossil fuels, international agencies said on Thursday. In an annual report on clean energy employment, the International Renewable Energy Agency […]
(from left to right) Arch. Terrence Yu of Visionarch, Mr. Lemuel Dionisio, COO of Primehomes, Engr. Laurencito Tiu of MEC and Engr. Moises Ordona of MEC The current situation we are in has further stressed the importance of preparing for the future and building one. A very fitting way one can do this is by […]
MOSCOW — Russia has reported “isolated cases” of coronavirus disease 2019 (COVID-19) with a subvariant of the Delta variant that is believed to be even more contagious, the state consumer watchdog’s senior researcher said on Thursday. The researcher, Kamil Khafizov, said the AY.4.2 subvariant may be around 10% more infectious than the original Delta — […]
The documentary on the war on drugs, Aswang directed by Alyx Arumpac was the night’s big winner at the 44th Gawad Urian awards night, winning Best Picture, Best Director, Best Documentary, and Best Cinematography. The ceremony was held on Oct. 21 and streamed via TVUP YouTube and Manunuri ng Pelikulang Pilipino (MPP)’s Facebook. “It’s a […]
REUTERS For central bankers wrestling with the question of whether inflationary pressures are transitory, industry chiefs around the world have a clear message: prices are only going higher. Shortages of workers, fuel, cargo ships, semiconductors and building materials as the global economy bounces back after pandemic lockdowns have companies from electric car makers to chocolatiers […]
Standard Chartered Bank Chief Executive Officer Lynette Ortiz was named UN Women 2021 Philippine Women’s Empowerment Principles (WEPs) Awards Champion in the Leadership Commitment category recently. This category recognizes leaders in corporations who have been instrumental in setting strong corporate commitments inclusive of progressive polices, regulations or practices that aim to promote gender equality in […]
Local pump prices have gone up for the eighth straight week as oil firms on Monday raised gasoline prices by P1.8 per liter (/L), and increased diesel and kerosene prices by P1.5/L and P1.3/L, respectively. — PHILIPPINE STAR/ MICHAEL VARCAS THE SUSPENSION of excise taxes on petroleum would result in as much as P131.4 billion […]
Benjamin E. Diokno, Bangko Sentral ng Pilipinas Governor — BLOOMBERG THE CENTRAL BANK will focus on maintaining policy support to help drive economic recovery, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said, adding the Philippines is well-placed to weather the impact of monetary policy tightening in other countries. “Many central banks in advanced […]
PHILIPPINE STAR/ MICHAEL VARCAS By Keren Concepcion G. Valmonte, Reporter THE OFFICE leasing market is beginning to show signs of recovery from the coronavirus pandemic as terminations begin to “meaningfully slow down” in the third quarter, Leechiu Property Consultants (LPC) said on Thursday. Office space demand is expected to reach 450,000-500,000 square meters (sq.m.) by […]
BW FILE PHOTO MOST SOUTHEAST ASIAN yield curves have flattened in recent months in tandem with a similar move in US Treasuries. The Philippines is an outlier. The spread between five-year and 10-year peso bond yields is near the widest in over a year, with long-dated securities hit by fears about rising supply as the […]