Business World

Read this in The Manila Times digital edition. THE arrest of former president Rodrigo Duterte by the International Criminal Court has drawn fresh attention to the political instability that is weighing on the Philippines’ growth prospects, a London-based consultancy said. While the detention of Duterte — who is accused of …

MANILA, Philippines — Money sent home by overseas Filipino workers (OFWs) dipped in January this year, the Bangko Sentral ng Pilipinas (BSP) said on Monday. Remittances stood at $3.24 billion, down from the $3.73 billion in December 2024. Register to unlock this article Register to read this story and more …

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Soaring demand for electricity is leading some companies to not only think out of the box for a solution, but out of this world, too. How building the world’s largest plane and putting solar panels in space could transform renewable energy Soaring demand for electricity is leading some companies to …

WASHINGTON, D.C. — Consumer confidence in the United States declined sharply again in March, falling more than analysts had expected, according to a study Friday that cited economic turbulence now that Donald Trump is back in power. An index measuring consumer confidence compiled by the University of Michigan fell to …

THE Philippine economy will likely continue to perform well this year despite the political noise, geopolitical risks and tariff wars, an economist said. Rizal Commercial Banking Corp. chief economist Michael Ricafort told the Philippine News Agency on Friday that so far, the impact of former president Rodrigo Duterte’s arrest on …

Roselle Mancera-Lau Owner Drake’s Restaurant and Bar Tia Tita’s Bulalo Roselle Mancera-LauOwnerDrake’s Restaurant and BarTia Tita’s Bulalo “I want to introduce a new standard of dining excellence in Tacloban, setting Leyte apart with a truly exceptional culinary experience.” BORN in Tacloban City and raised in the town of Palo in …

PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion US, expanding into the "healthier soda" category at a time when the company is battling falling demand for its traditional beverages and snacks. Prebiotic sodas have become a top-growing category in the U.S. within the carbonated drinks …

A full liquidation plan at Canada's oldest company could begin as soon as Tuesday and last for up to 12 weeks, but Hudson's Bay is still holding out hope that it will find a lifeline. Liquidating entire business would put more than 9,000 jobs at risk A full liquidation plan …

THE Philippines is set to become one of the fastest-growing trade economies in the world over the next four years, logistics firm DHL said. The 2025 edition of the DHL Trade Atlas forecast that the country would surge to 15th place from 129th in terms of trade speed, and also …