I’ve been in my current job for five years and feels unhappy about my career development under my boss. Can I request a transfer to another department? — Tinder Box. It depends on four factors — company policy, vacancy in the other department, your qualifications, and the willingness of the other manager to accept you into the fold. Even if all these are in your favor, your current boss can still make things difficult for you. So what would be the best approach to get what you want? It won’t be easy. You have to play by the rules. Whatever the circumstances are, the first thing you should do i ..read more

THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P14.93 trillion as of end-March, the Bureau of the Treasury (BTr) reported. Read the full story.   ..read more

1 of 9 BGC celebrates Cinco de Mayo THERE will be a night of food and fun at Bonifacio South Street on May 4, in celebration of Cinco de Mayo. The street’s restaurants and bars — Bolero, Cochi, Tartufo, Bueno, Wong Place, and Wantusawa — will welcome a live DJ and a mariachi band and dancers. Entrance is free for all as early as 5 p.m. Early birds will also get a free drink at these establishments. Bonifacio Global City’s (BGC) Cinco de Mayo festivities will last from 5 to 10 p.m. on May 4 at the Bonifacio South Street, BGC, Taguig. Henry Moodie to busk in Manila POP SINGER Hen ..read more

I like reading about studies and surveys comparing the Philippines with other countries. They provide not only a good benchmarking exercise, but also some analytical comparisons and correlations of different metrics and indicators to make sense of the hype and clutter in the news. This time of the year is when most of these studies come out. Let’s examines some of them. The Asian Development Bank projects the Philippines to sustain strong GDP growth in 2024 and 2025, with anticipated expansions of 6% and 6.2%, respectively. This positions the Philippines among the fastest-growing economies in ..read more

THE Philippine Association of National Advertisers (PANA) said it hopes to equip young marketers with skills in brand-building trends amid an evolving business landscape through its seminars. Brand Academy is a four-Friday seminar on brand building, industry-specific knowledge, and skills essential for excelling in the competitive marketing arena. “We’re already having to be full-time marketers, so not just having to build awareness and generate demand, but close that sale digitally, whether it’s TikTok shops, Lazada, etc.,” Colgate-Palmolive Marketing Director Bea Atienza said during a roundt ..read more

Here’s a quick glance at how PSEi stocks fared on Thursday, May 2, 2024 ..read more

By Luisa Maria Jacinta C. Jocson, Reporter HEADLINE INFLATION may have quickened for a third straight month in April and possibly breached the Philippine central bank’s 2-4% target range, analysts said. A BusinessWorld poll of 16 analysts yielded a median estimate of 4.1% for the consumer price index (CPI) in April, within the 3.5-4.3% forecast of the Bangko Sentral ng Pilipinas (BSP). If realized, April inflation would be faster than 3.7% in March but slower than the 6.6% print a year ago. This would also surpass the 2-4% target band for the first time since the 4.1% print in November 2023 ..read more

By Beatriz Marie D. Cruz, Reporter PHILIPPINE MANUFACTURING activity in April expanded at its fastest pace in five months amid an increase in output and new orders, S&P Global said on Thursday. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) rose to 52.2 in April from 50.9 in March, marking the strongest improvement in five months or since the 52.7 reading in November 2023. A PMI reading above 50 means improved operating conditions from the previous month, while a reading below 50 shows deterioration. The Philippines’ PMI reading remained the second fastest am ..read more

THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P14.93 trillion as of end-March, the Bureau of the Treasury (BTr) reported. Data from the BTr on Wednesday showed that NG debt stock dipped by 1.67% from the record-high P15.18 trillion as of end-February due to the net redemption of government securities. However, outstanding debt rose by 7.71% from P13.86 trillion in the same period a year ago. Year to date, the debt portfolio went up by 2.12% from P14.62 trillion as of end-December 2023. As of end-March, more than two-thirds or 68.86% of debt came from domestic sources. Domestic deb ..read more

SOLAR Philippines Power Project Holdings, Inc. Founder Leandro Antonio L. Leviste has bought an 8.5% stake in ABS-CBN Corp., positioning him as the media company’s second-largest shareholder after the Lopez group. Mr. Leviste bought 76.5 million shares, equivalent to 8.5% of ABS-CBN, through his companies LL Holdings, Inc. and Countryside Investments Holdings Corp., Solar Philippines said in a Facebook post on Thursday. “ABS-CBN is a great company that has helped countless people over the years. I hope there may now be a way for us to be of help, for the benefit of ABS-CBN’s shareholders and e ..read more