Kvitova surges past Ostapenko to claim Eastbourne crown, Fritz wins men’s title

TWICE Wimbledon champion Petra Kvitova geared up for this year’s tournament in style as she sailed past former Roland Garros winner Jelena Ostapenko 6-3 6-2 to capture the WTA 500 Eastbourne International crown on Saturday. It was a 29th career title and the first in more than a year for the 32-year-old Czech as she […]

Unpredictability

In the wake of the Nets’ unceremonious exit in the first round of the 2022 Playoffs, seven-time All-Star Kyrie Irving didn’t waste any time declaring his intent to stay in the fold. Following a tumultuous campaign that saw him burn rubber for only 29 games for a cacophony of reasons, his words appeared to be […]

SpaceX launch of PHL operations expected to be delayed past June

REUTERS THE LAUNCH of the first gateway connecting the Philippines with the Space Exploration Technologies Corp. (SpaceX) satellite network has been delayed beyond June, with the company yet to firm up the site for its gateway, the Department of Trade and Industry (DTI) said. Trade Secretary Ramon M. Lopez told reporters on the sidelines of […]

Gatchalian calls debt management higher priority than fuel excise freeze

PHILIPPINE STAR/ GEREMY PINTOLO A SENATOR tipped to chair the chamber’s Ways and Means Committee in the 19th Congress said he considers sovereign debt management more important than revenue-eroding measures like a suspension of fuel excise taxes, which would impair government efforts to reduce such debt. “We have just recovered from the pandemic and we […]

NIA may open 50 irrigation projects to PPP

JAPAN INTERNATIONAL COOPERATION AGENCY THE National Irrigation Authority (NIA) said it has prepared a list of 50 projects that may be opened up to public-private partnerships (PPPs), including hydropower and floating solar power facilities. In a statement over the weekend, NIA said: “At present, NIA has 50 potential irrigation projects for PPP nationwide (including) major […]

DoF wants trust fund to be sole source of financing for coco farmer insurance, warns against ‘double-dipping’

PHILSTAR FILE PHOTO FINANCE Secretary Carlos G. Dominguez III said the coconut trust fund needs to be the sole disburser of financing for coconut farmer health and crop insurance, citing the danger of duplication should other funds be used to support such benefits. “As the Trust Fund Management Committee, we need to ensure that there […]

Tugade expresses confidence in DoTr successor Bautista

BW FILE PHOTO TRANSPORTATION Secretary Arthur P. Tugade said on Sunday that he is confident that his successor, former Philippine Airlines (PAL) President and Chief Operating Officer Jaime J. Bautista, will run the department efficiently when he takes over after the current government’s term expires. “I personally know my successor, Jimmy Bautista. We have long years […]

A new chapter for Philippine sustainability reporting

In the last few years, a growing number of companies have been publishing sustainability reports and have started integrating environmental, social and governance (ESG) considerations into their strategic frameworks because of regulatory developments and increasing demand from investors and customers. Locally, a key driver for sustainability reporting is Memorandum Circular No. 4, series of 2019, […]

All eyes on Marcos as ICC drug probe reboot eyed

PHILSTAR ALL EYES are on incoming President Ferdinand R. Marcos, Jr. and his commitment to human rights after a request by the International Criminal Court (ICC) prosecutor to resume the investigation into alleged crimes against humanity by his predecessor in the Philippine government’s war on drugs, political analysts said at the weekend. The ICC probe […]

AFP spokesman to head Marcos Jr.’s Presidential Security Group

SARA Duterte-Carpio at her inauguration as Vice-President on June 19. — BUSINESSWORLD/MAYA M. PADILLO PRESIDENT-ELECT Ferdinand R. Marcos, Jr. has chosen a military spokesman as the head of the Presidential Security Group (PSG), according to the Armed Forces of the Philippines (AFP) Public Affairs Office. “AFP spokesperson Colonel Ramon Zagala will be designated acting PSG […]