Tax concerns make businesses less bullish this quarter
BUSINESSES turned less optimistic about prospects as 2018 opened amid worries about the impact of the tax reform law particularly on fuel prices, according...
Central bank keeps inflation target despite rebasing
THE BANGKO SENTRAL ng Pilipinas (BSP) will not adjust its inflation target despite rebasing of the consumer price index (CPI) that takes effect this...
Global gloom infects local stocks
PHILIPPINE EQUITIES finished the week with their third straight day of decline, keeping pace with weakening by Wall Street and others in Asia in...
FINTQ to offer 1 million free microinsurance policies
FINTQnologies Corp. (FINTQ), the financial technology arm of Voyager Innovations, Inc., is offering one million free microinsurance policies to unbanked and underserved Filipinos.
FINTQ said...
Peso little changed on bank profit-taking as Fed moderates view on overheating
THE peso strengthened slightly against the dollar on Friday on the back of profit-taking by banks.
The currency ended the week at P51.90, two centavos...
PTT announces board shake-up
By Patrizia Paola C. Marcelo
PHILIPPINE Telegraph & Telephone Corp. (PT&T) has announced a shake-up of its board, with two of its directors quitting amid...
Customs collections beat target in Feb.
THE Bureau of Customs (BoC) said collections exceeded the agency’s target in February after a majority of its ports exceeded their revenue goals.
In a...
IBP appeals for ‘due process’ in impeachment bid vs Sereno
THE Integrated Bar of the Philippines in a statement on Friday appealed for “due process” amid the mounting impeachment campaign against Chief Justice-on-leave Maria...
Holcim posts weaker profit amid ‘challenging 2017’
HOLCIM Philippines, Inc. reported a 61% drop in profit last year after a sluggish construction sector and tight competition hurt the company’s performance, it...
EU to commit extra 170 million euros in aid
THE European Union (EU) is set to commit 170 million euros (P10.8 billion) in aid to the Philippines on top of the 260 million...
Senate holds hearing in Boracay, tackles island’s environmental concerns
By Camille A. Aguinaldo
SENATOR Cynthia A. Villar wants erring businesses closed down while compliant ones remain operational instead of imposing a 60-day total shutdown...
ATN ups capital budget to boost annual output
ATN Holdings, Inc. said its board of directors has approved “additional major investments” in capital equipment amounting to P150 million for this year and...