BW FILE PHOTO THE MAIN INDEX inched up on Thursday to end its three-day slide on bargain hunting and ahead of the release of local and US economic data. The benchmark Philippine Stock Exchange index (PSEi) climbed by 4.63 points or 0.07% to close at 6,588.28 on Thursday. Meanwhile, the broader all shares index went down by 2.68 points or ...

Workforce shortages and supply chain instability has rocked the production capabilities of approximately a fifth of businesses in the past 12 months, according to the ONS, reducing their profit margins considerably.  But how can this strain on the manufacturing industry’s supply chain be solved? Simon Key, partner and solicitor specialising in commercial dispute resolution and head of the manufacturing team ...

Pub chain BrewDog will close six outlets across the UK as its CEO launched a scathing attack on the “zombie government’s” lack of support for the industry amid soaring energy costs. Its CEO and founder James Watt shared the news on a heartfelt LinkedIn post, in which he appealed to Liz Truss and Rishi Sunak to “stop the charade” of ...

SCREENSHOT FROM THE KINGMAKER By John Victor D. Ordoñez, Reporter FORMER First Lady Imelda R. Marcos and her two daughters have lost their chance to present evidence for failing to show up at a hearing on an ill-gotten wealth lawsuit on Thursday, the Philippines’ anti-graft court said. A former business associate of the late dictator Ferdinand E. Marcos had also ...

PHILIPPINE STAR/ MIGUEL DE GUZMAN THE DEPARTMENT of Foreign Affairs (DFA) should help the International Criminal Court (ICC) in its investigation of the Philippine government’s war on drugs, according to a congressman. “We don’t believe the judicial system is working fine,” Party-list Rep. Raoul Danniel A. Manuel told a congressional hearing on Wednesday, noting that families of drug war victims ...

CEBU CITY PIO/ALLAN DEFENSOR CEBU City in central Philippines has agreed to defer an order relaxing face mask rules, the Department of Interior and Local Government said on Thursday.  Mayor Michael L. Rama agreed to suspend the order upon the request of Interior Secretary Benjamin C. Abalos, Jr., who promised to promptly bring the matter to the National Government’s pandemic ...

POLLOC FREEPORT AND ECOZONE - BARMM FACEBOOK PAGE THE PHILIPPINE Economic Zone Authority (PEZA) is working with the Bangsamoro Autonomous Region in Muslim Mindanao to set up its own ecozone to boost economic growth in the region.  An ecozone in Bangsamoro can generate jobs, exports and revenue, while creating opportunities for its people, PEZA Promotions and Public Relations Group Manager ...

A CONGRESSMAN on Thursday asked the Tourism department to promote his home province as one of the country’s surfing destinations.  “A lot of you may not know this, but in Ilocos Sur, we also have Cabugao, which is a world-class surfing spot,” Ilocos Sur Rep. Ronald V. Singson told Tourism officials at a hearing.  The lawmaker said surfing had brought ...

REUTERS A BILL that seeks to expand the Philippines’ internet connectivity through satellite-based technologies has been refiled at the Senate.  Under Senate Bill 814 or the proposed Satellite-Based Technologies for Internet Connectivity Act of 2022, the government must promote the use of satellite services, especially in critical areas, to ensure universal internet access.  “Based on our experience during this pandemic, ...

PHILIPPINE STAR/ KRIZ JOHN ROSALES PHILIPPINE President Ferdinand R. Marcos, Jr. will witness the signing of key defense agreements during his inaugural visits to Indonesia and Singapore this month, according to the Foreign Affairs department.   Mr. Marcos would meet with Indonesian President Joko Widodo, it said in a statement.  A comprehensive plan of action that will “chart the two countries’ ...