Semirara Mining and Power Corp. to hold annual stockholders’ meeting via remote communication on May 2

Notice of Annual Stockholders’ Meeting Please be notified that the Annual Meeting of Stockholders of Semirara Mining and Power Corporation (the “Corporation”) will be held on May 2, 2023,[1] Tuesday at 10:00 a.m. and will be conducted by remote communication at with the following agenda: Agenda Call to Order and Proof of Notice of […]

Affordable internet access drives agri-fisheries transformation

San Buena Farm is now able to communicate with its key accounts because of satellite broadband. In the Philippines, agricultural sector contributes 9.4% to the country’s GDP, but it faces numerous challenges that hamper its growth. Limited access to modern technology and connectivity infrastructure, particularly in rural areas, can lead to low productivity, inefficiency, and […]

World Bank lowers PHL growth forecast

GENERAL view of a public market in Quezon City, Metro Manila, Philippines, Feb. 9, 2023. REUTERS/Eloisa Lopez THE WORLD BANK downgraded its growth forecast for the Philippines this year, as high inflation weighs on consumption.   In its East Asia and the Pacific Economic Update report released on Friday, the multilateral lender trimmed its gross domestic […]

$531-million ‘hot money’ exits Philippines in February

Sheets five-dollar bills are seen through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. —REUTERS/Gary Cameron/File Photo MORE short-term foreign funds left the Philippines in February, ending four straight months of inflows, based on data from the Bangko Sentral ng Pilipinas (BSP).   Transactions on foreign portfolio investments registered with […]

Philippine property prices jump in Q4

REUTERS HOUSING prices across the Philippines grew at a faster annual pace in the fourth quarter, driven by strong demand for duplex housing units and condominium units, Bangko Sentral ng Pilipinas (BSP) data showed.    Based on data from the central bank, the Residential Real Estate Price Index (RREPI) rose 7.7% year on year in the fourth […]

Breaking barriers: Celebrating Women’s Month with Globe’s trailblazing female leaders

In photo (L-R): Globe Group Chief Sustainability and Corporate Communications Officer Yoly Crisanto, Globe Chief Finance Officer Rizza Maniego-Eala, and Asticom Group of Companies President and CEO Mharicar “Cai” Castillo-Reyes. This Women’s Month, the Globe Group’s powerhouse female leaders share their insights on workplace representation and unique leadership styles, shattering stereotypes and championing change in […]

Flying Tiger Copenhagen plans to open 1,000 stores in Asia, including Philippines

FLYING Tiger Copenhagen, the variety retailer that sells everything from water guns to yoga mats, plans to push into Asia to more than double its number of stores globally.Chief Executive Officer Martin Jermiin said the Danish chain has already signed contracts covering about half of the new 1,000 outlets it will open over the next five […]

Done, dusted and delivered: Global Women Who RULE paints year 3 in pink

It was an event packed full of life-enriching nutrients — from one woman to another. Enderun Extension at Capitol Commons was a burst of pink and all pixie dust and high on endorphins as Global Women Who Rule staged Year 3 of its annual Summit. The first hybrid production, Global Women Who RULE (GWWR) peaked […]

NCR retail prices accelerate to 6.6% in February 

PHILIPPINE STAR/ MICHAEL VARCAS RETAIL PRICE growth of general goods in the Philippine capital region grew at its fastest pace in February, the highest reading in 14 years, according to preliminary data from the local statistics agency. Data from the Philippine Statistics Authority (PSA) showed the general retail price index (GRPI) in Metro Manila rose […]

Nike faces shareholder proposal on human rights

WU YI-UNSPLASH NEW YORK – Activist shareholder platform Tulipshare is calling on Nike to offer more transparency on working conditions in its supply chain. In a shareholder proposal released Thursday, London-based Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments. The group, which owns 276 Nike shares and aims to help investors push for environmental and social commitments, […]