The slower inflation print in the food and non-alcoholic beverages in May 2023 was due to the easing of prices of fish and other seafood, meat, milk, and eggs, among others. PN PHOTO

Inflation falls for 4th straight month in May

INFLATION rate cooled down for the fourth consecutive month in May, thanks to slower movements in transport and food prices, the Philippine Statistics Authority...
Airline financial performance this 2023 is beating expectations. It is boosted by the end of China's COVID restrictions. PHOTO COURTESY OF ABS-CBN NEWS

Air travel to soar near record in 2023 – industry group

AIRLINES will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back from the coronavirus pandemic, an industry...

Top listed firms may lose P6.15B to cyber attacks

TOP listed companies operating critical information infrastructure (CII) may lose P6.15 billion in revenues per day due to cyber attacks, an information and communications...
Durian and pomelo vendors man their stalls at a market in Davao City. GEORGE CALVELO/ABS-CBN NEWS PHOTO

DTI touts plan to boost export sector

THE Philippines will support exporters in a bid to boost its lagging export sector, the Department of Trade and Industry (DTI) said yesterday. Trade Secretary...
The European Union flag flies in the wind as visitors pass by at the observatory dome of the Reichstag in Berlin, Germany, May 19, 2022. OMER MESSINGER, EPA-EFE/FILE

Trade chief to fly to Brussels to bat for PH-EU free trade deal

TRADE Secretary Alfredo Pascual yesterday will be in Brussels this month to continue talks on the Philippines' trade with the European Union (EU) and...
President Ferdinand Marcos Jr. and the Bangko Sentral ng Pilipinas lead the launch and presentation of the 125th Anniversary of Philippine Independence and Nationhood Commemorative Coin Set on Monday, June 5. PHOTOS COURTESY OF MPC POOL/BSP

BSP unveils special coins for 125th Independence anniv

THE Bangko Sentral ng Pilipinas (BSP) and President Ferdinand Bongbong Marcos Jr. yesterday led the launching of the commemorative coin set to celebrate the...
Petron Corp. will reduce prices per liter of gasoline by P0.60, diesel by P0.30, and kerosene by P0.60 today. AJ PALCULLO/PN

Oil firms roll back fuel prices

OIL firms are set to roll back pump prices of petroleum products today following three consecutive weeks of upward adjustments for gasoline. In an advisory,...
Rainwater collection systems were installed in 16 schools across the municipality of Caluya by Semirara Mining and Power Corporation in partnership with the Department of Energy.

16 Caluya schools receive rainwater collection system from SMPC

INTEGRATED energy company Semirara Mining and Power Corporation (SMPC), in partnership with the Department of Energy (DOE), provided rainwater collection systems to 16 schools...
Taiwan’s largest and busiest airport, the Taoyuan International Airport, is experiencing rising passenger volume as Taiwan reopens its border and eases protocols. To date, Taiwan remains visa-free for Filipino tourists. PHOTO COURTESY OF PNA

Taiwan targets 320K tourists from PH

TAIWAN is ramping up marketing and promotions to attract 320,000 tourists from the Philippines as it targets to recoup pre-pandemic arrival figures. The Taipei Economic...
Marvin Manuel, Department of Information and Communications Technology (DICT) Western Visayas Industry Development Bureau focal person, says senior high school and college students are urged to join their pitching competitions. The program aims to produce entrepreneurs rather than employees, he said during a press conference on the sideline of the launching of the National ICT Month celebration in Iloilo City on Friday, June 2. PNA PHOTO BY PGLENA

DICT calls for students to pitch startup ideas

ILOILO City – The Department of Information and Communications Technology (DICT) is looking forward to developing more entrepreneurs by calling on senior high school...