At first I reveled in working late into the night," says T, my former student who worked as an analyst ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | | | | ECONOMY
PH rice imports hit record high
Philippine rice imports are inching closer to the 4-million metric ton (MT) mark, already surpassing a previous record achieved in 2022, as a confluence of typhoons and El Niño dry spell phenomenon slashed local production.
By Jordeene B. Lagare
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| | | | BANKING
SMIC nets ₱60.9B on robust banking biz
SM Investments Corp. (SMIC), the country's largest conglomerate in terms of market capitalization, booked a 9-percent gain in earnings in the January to September period to reach P60.9 billion, half of which came from the banking business alone as interest rates and inflation eased.
By Meg J. Adonis
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| | | | ALL IN THE FAMILY
Working long hours does not equate to productivity
At first I reveled in working late into the night," says T, my former student who worked as an analyst at the Asian headquarters (outside the Philippines) of a storied finance institution. "I boasted to my friends about the perks, but now I realize that these were designed to keep us functioning for 12 hours a day."
By Queena N. Lee-Chua
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| | | | | | | | BIZ BUZZ
Invisible gold mine: BGC airspace for sale
Aside from intellectual property, which intangible asset can unlock values at a premium as hefty as what real estate can command? The airspace above sprawling low-rise developments at former military camp Bonifacio Global City (BGC), that is. There's a burgeoning market for the trading of this invisible asset.
By Doris Dumlao-Abadilla
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| | | | INQUIRER PLUS-EXCLUSIVE
Bloodbath continues at PSEi
The bloodbath at the Philippine bourse continued on Wednesday, with stocks sliding into the 6,700 level as investors continued to digest a second Donald Trump administration alongside mixed corporate earnings results. The benchmark Philippine Stock Exchange Index (PSEi) fell by 1.41 percent, or 95.78 points, to 6,714.33. The broader All Shares Index slipped by 0.73 percent, or 27.88 points, to close at 3,792.46.
By Meg J. Adonis
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