Mythical guitar-maker Gibson fighting for survival

San Francisco -- World-famous guitar maker Gibson, whose instruments have been played by the likes of John Lennon and Elvis Presley, is facing serious...

Asian stocks fall; dollar rises with bond yields

Most Asian equity benchmarks declined with US futures and the dollar rose as Treasury yields climbed back toward recent four-year highs. Japan’s Topix index dropped...

Asia debt binge to dampen growth but not derail It, Oxford says

Asia’s soaring levels of debt will weigh on growth over the next decade -- especially in China, Malaysia, Thailand and India -- but it...

Maynilad sets aside P9 billion capex this year

Maynilad Water Services, Inc. is setting aside P9 billion this year as capital expenditure for its water and wastewater infrastructure projects, the west zone...

SSS offers calamity loan assistance to those affected by Mayon eruption

Social Security System (SSS) is offering calamity loan assistance to its members and pensioners who are affected by the eruption of Mayon volcano. In a...

DOF chief to Mexican tech firms: Make PHL your entry point into ASEAN

Finance Secretary Carlos G. Dominguez, III has called on technology and manufacturing companies based in Mexico to make the Philippines their entry point to...

UnionBank to deactivate magnetic strip cards by March 31

UnionBank of the Philippines is set to deactivate all magnetic stripe cards by the end of March in line with the industry's migration to...

AgriNurture to conduct stock rights offering

AgriNurture, Inc. will be conducting a P283.76 million stock rights offering (SRO) in a bid to raise capital for the expansion of its agricultural...

PSE starts trading under one roof at new BGC office

By Dane Angelo M. Enerio The Philippine Stock Exchange, Inc. (PSE) opened its first trading day at its new headquarters in Bonifacio Global City (BGC)...

Office market supply seen to grow by 40% in next five years

The Philippine office market is seen to grow by 40% in the next five years, pushed up by the need of information technology- business...

US eyes heavy tariffs on China, Russia to counter steel, aluminum glut

The US Commerce Department said Friday it recommended imposing tariffs on China, Russia and other countries to counter a global glut in steel and...

Government debt at 36.4% of GDP

The country’s ratio of General Government (GG) Debt to the Gross Domestic Product (GDP) stood at 36.4% as of end-June 2017, slightly up from...