Economy

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish…

REUTERS By Keisha B. Ta-asan MONEY SENT HOME by overseas Filipinos rose by 3.2% in March, reflecting improved economic conditions in many…

PHILIPPINE STAR/ MIGUEL DE GUZMAN By Tobias Jared Tomas THE PHILIPPINES is “likely” to achieve upper middle-income status by next year, Socioeconomic…

Bureau of Internal Revenue (BIR) staff check the income tax returns submitted by individuals and business owners at the BIR Office in…

PHILIPPINE STAR/ RUSSELL A. PALMA RETAIL PRICES of goods in Metro Manila grew in January at their slowest pace in six months,…

COMPANIES led by businessman Lucio L. Co reported strong profit growth in the first quarter, with his retail holding firm Cosco Capital,…

PROPERTY developer Megaworld Corp. reported a 30% increase in net income attributable to parent company equity holders to P3.1 billion, calling it…

EMPERADOR, Inc. said it is increasing its capital expenditure (capex) budget this year to P3 billion from P1.74 billion in 2021 as…

LISTED fiber internet provider Converge ICT Solutions, Inc. saw its first-quarter attributable net income increase by 27% to P1.97 billion from P1.55…

LOPEZ-LED First Gen Corp. posted a recurring net income of $59 million in the first quarter, down by 24.4% from $78 million…