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DoE plays down fuel price rollback, says cold weather could send prices rising soon
bworldonline.com > Economy...Russia will stabilize,” Energy Secretary Raphael P.M.... ...THE Department of Energy (DoE) said the public should manage its expectations after a fuel price rollback, with cold weather likely to put pressure... ...Lotilla said. -- Sheldeen Joy Talavera Cebu Pacific expects "green" fuel cost to drop as suppliers scale up Creative industries expected to register...

Powering sustainable luxury: The all-new Mercedes-Benz EQ
bworldonline.com > Spotlight...Introducing the fully electric all-new Mercedes-Benz EQA 250 Electric Art, EQB 250 Electric Art, EQE 300 Electric Art, and EQE 350+ AMG Line, in... ...IC Star Automotive Inc., the official and sole distributor of Mercedes-Benz vehicles in the Philippines launched the much-awaited all-electric vehicle... ...The EQB interprets Mercedes-Benz’s Progressive Luxury in an edgy and particularly characterful way.... ...EQA 250 Electric Art Introductory Retail Price: Php 3,990,000 The Mercedes-Benz EQB: The flexible, spacious electric car Following the EQA, the EQB...

PHL to expand by 5% this year — ANZ
bworldonline.com > top-stories...The second-quarter 2023 outcome was weaker than anticipated and prospects are subdued,” it said in its latest Asia Economic Outlook.... ...ANZ RESEARCH slashed its Philippine gross domestic product (GDP) growth forecast to 5% this year as economic activity is “losing steam much faster... ...Remolona, Jr. said that he is open to an off-cycle interest rate hike before the Monetary Board’s Nov. 16 meeting.... ...CUT UNLIKELY IN 2024 Meanwhile, ANZ expects the Bangko Sentral ng Pilipinas (BSP) to maintain the pause in its tightening cycle for the rest of the...

Mirrors between cultures: This year’s Película/Pelikula focuses on ‘green’ films and the oeuvre of Carlos Saura...
bworldonline.com...The film festival will be held from Oct. 5 to 15 at the Shangri-La Plazaâs Red Carpet Theater in Mandaluyong, while sharing an online component... ...This initiative is conducted in partnership with Haribon Foundation and is sponsored by Acciona, one of the top Spanish infrastructure companies... ...Goya en Burdeos is about the artist Francisco de Goya, while El Rey de todo el mundo is about a theater producer who is working with his ex-wife... ...These films are AlcarrÃ's (Carla Simón, 2023), As bestas (Rodrigo Sorogoyen, 2022), El Olivo (IcÃar BollaÃn, 2016), Fonos (Gabriela Badillo SÃ...

Defining what makes ‘smart’ banking
bworldonline.com > special-features...“Smart banks” are expected to migrate their core systems to the cloud, Accenture Managing Directors Nicole Lanza and Keri Smith noted.... ...management consulting firm McKinsey & Company remarked in an article published on its website....

Tech trends reshaping the finance space
bworldonline.com > special-features...Currently, most banks and financial institutions are using financial technology (fintech) and have transitioned to a digitalized finance landscape... ...their plans to their specific needs. -- Angela Kiara S.... ...We hope the following articles will help banks establish their vision and craft a road map for the journey,” Renny Thomas, senior partner at McKinsey...

Philhealth told to pay debts
bworldonline.com > the-nation...A SENATOR has urged the Philippine Health Insurance Corp.... ...Senator Pia Juliana S. Cayetano said during a hearing on the Department of Health (DoH) and its attached agencies.... ...In response, PhilHealth Chief Executive Officer Emmanuel Rufino R.... ...He said that PhilHealth is on track to completing its backlog in payments before the end of the year. Senator Joseph Victor G....

Remarkable accolades for the shapers of Philippine real estate’s future
bworldonline.com > special-features...Last Sept. 22, the 11th PropertyGuru Philippines Property Awards, organized by property technology company PropertyGuru Group, presented by Kohler... ...Held for the first time at Shangri-La The Fort, Manila in Bonifacio Global City, Taguig, the annual black-tie gala dinner and presentation ceremony... ...In his acceptance speech, RLC Residences Senior Vice-President and Business Unit General Manager John Richard Sotelo expressed his gratitude not... ...., both subsidiaries of FLI, clinched winning titles for their developments Mitsukoshi BGC and Grand Hyatt Manila Residences South Tower, respectively...

What must be done to the suspended land reclamations in Manila Bay?
bworldonline.com > opinion...Can the Philippine Reclamation Authority (PRA) be trusted to do the right thing?... ...The General Manager of its Governing Board says PRA “… acts as the primary regulatory agency of the government to assess the technical, environmental... ...In 2004 the Philippine Institute of Volcanology and Seismology (Phivolcs) and the Metro Manila Development Authority reported that Metro Manila was... ...PRA’s General Manager himself rose from Sports Editor and newscaster for Bombo Radyo in Iloilo in 1992 to Bombo Manager for Mindanao from 2005-2007...

PHL conglomerates face tough competition from pure plays — report
bworldonline.com > corporate...Data from Capital IQ and Bain’s analysis showed that conglomerates from the Philippines, during the last decade, had an average annualized TSR of... ...to global management consulting firm Bain & Co.... ...These included the Enrique Razon Group in the Philippines, which encompasses the port-handler International Container Terminal Services Inc., Bloomberry... ...Resorts Corp., Manila Water Co., and Prime Infrastructure....