Aussie home store Anko opens in the Philippines
Nov 11, 2024 · During BusinessWorld’s visit during the Nov. 7 opening, we saw home goods, electronics, pet products, toys, furniture, and even makeup and skincare products.. Anko also unveiled an exclusive Christmas bag designed by Filipino artist Jamie Bauza during the opening. The festive bag, featuring a unique blend of Anko’s signature style and Filipino artistry, showcases its dedication to bringing ...
Robinsons Retail plans to boost store count over next 5 years
Nov 22, 2024 · ROBINSONS Retail Holdings, Inc. (RRHI) targets to ramp up its store openings over the next three to five years as part of its strategic growth initiatives, a company official said. “In the next three to five years, we plan to accelerate our store openings and increase the top line,” RRHI Vice-President for Corporate Planning and […]
BSP eyeing to remove fees on small transfers
Oct 1, 2024 · THE BANGKO SENTRAL ng Pilipinas (BSP) wants to remove transaction fees for person-to-person electronic fund transfers and payments to small businesses, based on a draft circular. The central bank is eyeing to amend the Manual of Regulations for Payment Systems (MORPS) to “provide for the elimination of fees on electronic fund transfers for personal transactions, […]
T-bill yields mostly higher before inflation data
Nov 5, 2024 · THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday amid strong demand and even as rates mostly went up on expectations of faster October inflation. The Bureau of the Treasury (BTr) raised P20 billion as planned from the T-bills it auctioned off on Monday as total bids reached P69.87 […]
SM Prime’s 2025 capex may reach P110B — president
Nov 4, 2024 · SM PRIME recently opened SM City J Mall in Mandaue, Cebu, the company’s 87th mall in the country. — BW FILE PHOTO THE Sy family’s SM Prime Holdings, Inc. may have a capital expenditure (capex) budget of up to P110 billion for 2025 as the company plans to open five new malls, the company’s ...
AirAsia PHL may miss 2024 goal of 8 million passengers
Dec 10, 2024 · PHILIPPINES AIRASIA, Inc. (AirAsia Philippines) is projecting to end the year with 7.2 million passengers flown, a 9.09% increase from last year’s 6.6 million, but falling short of its eight million target for 2024. “As of November, the low-cost carrier already reached seven million passengers,” said Ricardo P. Isla, chief executive officer of AirAsia Philippines. […]
Renowned theater director Bobby Garcia, 55 - BusinessWorld Online
5 days ago · BOBBY GARCIA, a director and producer who made his mark on both Broadway and the Philippine theater scene, died on Wednesday, Dec. 18. He was 55. Mr. Garcia’s passing was publicly announced by talk show host Boy Abunda on Wednesday evening during an episode of his show Fast Talk with Boy Abunda, through a statement […]
Emilia Pérez, The Brutalist lead Golden Globe film nominations
Dec 11, 2024 · BEVERLY HILLS, California — Musical thriller Emilia Pérez and post-World War Two epic The Brutalist topped the roster of films nominated on Monday for the 2025 Golden Globes, the Hollywood honors that kick off the awards season leading to the Oscars.. Emilia Pérez, a Spanish-language movie released by Netflix, scored 10 nods and independent distributor A24’s The Brutalist earned seven.
AI adoption may slow office space demand — Cushman & Wakefield
Nov 5, 2024 · THE adoption of artificial intelligence (AI) among businesses, especially in the information technology-business process outsourcing (IT-BPO) industry, may slow the growth in demand for office spaces, according to real estate services firm Cushman & Wakefield. “The increasing use of AI advancements, especially in the IT-BPM industry, could potentially limit the demand growth for office ...
Meralco rates climb in December - BusinessWorld Online
Dec 11, 2024 · TYPICAL households in areas served by Manila Electric Co. (Meralco) will have to tighten their belts this month, as the power distributor has announced an increase in electricity rates. The overall rate will climb by P0.1048 per kilowatt-hour (kWh) to P11.9617 per kWh in December from P11.8569 in ...