Removing VAT exemption on low-cost housing may crimp property market growth

THE residential market may experience a slowdown if the government’s tax reform plan, which removes tax exemptions on sale of low-cost housing, is approved,...

Jollibee loses trademark case against Jolliville

THE Intellectual Property Office of the Philippines (IPOPHIL) has junked Jollibee Foods Corp.’s trademark case against listed property firm Jolliville Holdings, Corp., saying the...

More townships seen to rise outside Metro Manila

By Arra B. Francia PROPERTY developers would have to be more strategic in scouting for landbanking opportunities as more companies venture into township developments outside...

ABS-CBN, GMA Network both claim TV ratings lead in June

ABS-CBN Corp. and GMA Network, Inc. both claimed the lead in nationwide TV ratings in June, citing data from different research firms. In a statement...

ICTSI’s Manila port ready for peak season

AMID its robust performance in the first half, International Container Terminal Services, Inc. (ICTSI) on Tuesday said its flagship operations in Manila is well-prepared...

Yuchengco’s iPeople on track to hit targets despite lower Q1 profit

THE education arm of the Yuchengco Group of Companies said it remains on track to reach its targets for 2017, amid a 35% drop...

Uber suffers setback in EU after court backs French law

UBER Technologies, Inc. suffered another setback in the European Union (EU) after an adviser to the bloc’s top court backed a French law that...

How PSEi member stocks performed — July 4, 2017

Here’s a quick glance at how PSEi stocks fared on Tuesday, July 4, 2017.

Jollibee targets equal sales from local, international stores in next five years

By Arra B. Francia JOLLIBEE Foods Corp. (JFC) targets to book equal sales contribution from its international and local stores in the next five years...

CLI allots IPO funds for JV projects

CEBU LANDMASTERS, Inc. (CLI) has reallocated a portion of the net proceeds of its maiden offer in June to finance joint ventures instead of...

Basic Energy to issue shares to Thai partner

BASIC ENERGY Corp. has approved the issuance of shares to a Thai company after the two forged in February what they called a “strategic...

Pilipinas Shell extends Tabangao maintenance

PILIPINAS SHELL Petroleum Corp. is extending the scheduled maintenance shutdown of its oil refinery in Tabangao, Batangas City that serves as the main terminal...