Business

A McDonald’s store sign is seen on October 30, 2023 in Austin, Texas. (Brandon Bell / Getty Images / AFP)  KUALA LUMPUR, Malaysia — McDonald’s Malaysia has sued a pro-Palestinian group for $1.3 million over its calls to boycott companies allegedly supporting Israel. In a statement issued Friday, the fast-food …

In November 2023 At a Glance National government’s November budget deficit decreased by 25% to P93.3 billion from P123.9 billion last year. Total revenues amounted to P340.4 billion, higher than the P331.1 billion recorded a year ago. Tax revenues fell by nine percent to P286 billion from P314 billion, with …

File photo MANILA – The Philippines added two new free trade agreements (FTAs) this year, the Regional Comprehensive Economic Partnership (RCEP) and its trade pact with South Korea, to ease barriers to trade and investments and boost commercial ties among partners. RCEP entered into force in the Philippines on June 2 …

With a major deadline to repay a pandemic era loan on the horizon, many small businesses say they’re weighing their options but they wish the federal government had given them more time. Some say they’re disappointed the government won’t extend deadline to qualify for loan forgiveness. With a major deadline …

Yearender As modern technologies rapidly evolve, the Philippines’ telecommunication companies have been optimizing their fiber and broadband network capacities this year to reach more Filipinos. With a capital expenditures (CAPEX) guideline of P71.5 billion, Globe Telecom Inc. recorded a total investment of P54 billion in the first nine months of …

MANILA – An economist said the Philippine Stock Exchange index (PSEi) was able to sustain the 6,000 to 7,000 levels from 2012 to 2023, while the Philippine peso closed the year as one of the top performing currencies in the region. For the last day of trading in 2023, the PSEi …

Mastermind Toys stopped accepting gift cards on Dec. 24 after the retailer filed for creditors protection in November. Gift card holders are currently in limbo with no word if cards will be valid once the deal closes. Riverview father Rudy Walters wants more consumer protections for gift card holders. Riverview …

BlendJet is recalling millions of portable blenders, including about 117,000 sold in Canada, over laceration and fire hazards after receiving dozens of reports of injuries, U.S. regulators said Thursday.  There have been 329 reports of blades breaking during use. BlendJet is recalling millions of portable blenders over laceration and fire …

Reducing CO2 emissions with renewables Motolite, the leading and most trusted battery brand in the Philippines, is also being recognized as among the country’s most eco-friendly energy users with its continued shift to sustainable solar panels in powering its manufacturing and retail facilities. Motolite has already installed around 7,600 kilowatts …

President Ferdinand R. Marcos Jr. (File photo) MANILA – Some PHP22 billion worth of projects sealed during the foreign visits of President Ferdinand R. Marcos Jr. this year are already operational, Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said Friday. Rodolfo said the projects are part of the PHP4.019-trillion investment …