PHL on track to meet fiscal consolidation goals despite record-high debt
THE NATIONAL GOVERNMENT (NG) remains on track with its medium-term fiscal consolidation program even as it continues to borrow to help spur economic growth and as its debt remains at a record high due to loans racked up during the
Navigating climate risk in the Philippines through insurance
PHILIPPINE STAR/MIGUEL DE GUZMANBy Arup ChatterjeeAN AVERAGE of 20 storms and typhoons hit the Philippines each year, leading to flooding, landslides, and storm surges that ravage communities and cause significant economic losses. No other country is more at risk from
Sustaining growth momentum in an ever-changing global landscape
By Gonzalo J. Varela THIRTY-SEVEN years ago, when this newspaper was reformed under this new name, the average Filipino earned less than one tenth of the income of the average high-income person. Since then, the Philippine economy has experienced significant growth.
Green is good: Why more developers eye green certifications for buildings
By Aubrey Rose A. Inosante, ReporterPHILIPPINE property developers are increasingly seeking green certifications for office buildings not only because of government energy mandates but also rising demand from multinational companies.It’s no longer uncommon to find developers touting the sustainable features
Makati CBD: The premier financial center, getting its second wind
JC GELLIDON-UNSPLASHBy David Leechiu FOR MORE THAN 50 years now, the Makati Central Business District (CBD) has been at the heart of the Philippines’ business scene. It was the pioneering district that set the standard for urban development in Metro