San Miguel Corp. President and Chief Executive Officer Ramon S. Ang, Transportation Secretary Jaime J. Bautista and Manila International Airport Authority (MIAA) General Manager Eric Jose C. Ines hold copies of the signed concession agreement for the Ninoy Aquino International Airport (NAIA)-Public-Private Partnership (PPP) project in Malacañang, March 18. In the background are (from left) House Speaker Ferdinand Martin G. ...

MARI GIMENEZ-UNSPLASHTHE PHILIPPINES’ external debt service burden skyrocketed to P14.752 billion last year, data from the Bangko Sentral ng Pilipinas (BSP) showed.Preliminary data from the central bank showed that the country’s debt service burden on its external borrowings surged by 73.9% last year from the P8.483 billion recorded at end-2022.The debt service burden refers to the amount of money a ...

WORKERS transport crates at a food market in Baguio City, April 17, 2016. — REUTERS THE CITY of Baguio posted the highest gross domestic product (GDP) per capita in 2022 among provinces and highly urbanized cities (HUCs) in the Philippines, according to the Philippine Statistics Authority (PSA).The PSA published on Monday the results of the Provincial Product Accounts (PPA) of ...

PHILIPPINE STAR/RUSSELL PALMATHE BUREAU of Internal Revenue (BIR) is aiming to increase income tax and value-added tax (VAT) collections this year amid the government’s efforts to improve tax administration and efficiency.Data from the BIR showed that more than half or P1.65 trillion of the agency’s P3.055-trillion target this year will come from taxes on net income and profits. This is ...

LISTED fiber internet service provider Converge ICT Solutions, Inc. announced on Monday a plan to allocate P17-19 billion for capital expenditure (capex) budget this year.“Due to upcoming international subsea cable payments, the inclusion of capital outlays for data centers, and delays in supplier invoices earmarked for 2023 payment, the company now looks to spend P17 billion to P19 billion in ...

SOLAIRERESORT.COMRAZON-LED Bloomberry Resorts Corp. on Monday said its Solaire Resort North project in Quezon City is expected to formally open in late May.The upcoming resort is a $1-billion investment and will be Bloomberry’s second integrated resort under the Solaire brand, joining Solaire Resort Entertainment City in Parañaque City, the listed company said in a statement.Solaire Resort North, spanning 1.5 hectares, boasts ...

LOPEZ-LED First Gen Corp. said it expects a capacity of about 400 megawatts (MW) of renewable energy from its hydropower facilities in Nueva Ecija by 2028. The capacity will come from the 132-MW Pantabangan-Masiway hydroelectric power plant (HEPP), the 165-MW Casecnan HEPP, and the planned 100-120-MW Aya pumped-storage hydropower project, First Gen Senior Vice-President Dennis P. Gonzales told reporters on ...

Author Beverly Siy, actor Julio Diaz, and screenwriters Ricky Lee and Bonifacio Ilagan at a talkback after the screening of The Flor Contemplacion Story starring Nora Aunor. — BRONTË H. LACSAMANAIN the 1995 film The Flor Contemplacion Story, the titular domestic worker Flor, playedbyNora Aunor, and her husband’s mistress Neneng, played by Jaclyn Jose, are initially at odds with each ...

ALTERNERGY Holdings Corp. announced on Monday that it has awarded the contract for its Alabat and Tanay wind power projects, with a combined capacity of 163 megawatts (MW), to China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI). Corp. announced on Monday that it has awarded the contract for its Alabat and Tanay wind power projects, with ...

THE GREAT social movements of history all had soundtracks. The civil rights movement had jazz, the blues, and Nina Simone; its anthem was “We Shall Overcome,” originally a 19th-century hymn. The story of gay liberation is intertwined with disco culture, and some of the greatest pop songs have been written or adopted as LGBTQ+ anthems, from Gloria Gaynor’s “I Will ...