Phoenix Petroleum breaks ground on JV asphalt plant in Batangas
PHOENIX Petroleum Philippines, Inc. has broken ground on an asphalt facility it is building with local and foreign partners in Calaca, Batangas.
The project, under...
Six gov’t agencies set to move to New Clark City
THE Bases Conversion and Development Authority (BCDA) said six more government agencies are set to transfer to New Clark City (NCC) after President Rodrigo...
Clark Dev’t Corp. targets 40% growth in exports
CLARK Development Corp. (CDC) said it hopes to increase exports by 40% this year after a record rise in 2017.
CDC President and Chief Executive...
Domestic air travel market seen growing despite Boracay closure as other markets develop
AVIATION think tank Centre for Asia Pacific Aviation (CAPA) said the domestic air travel market will continue growing this year despite the six-month closure...
Davao Food Complex expected to boost agri share of GRDP
DAVAO CITY -- The P1.02-billion Davao Food Complex project, which was approved by the National Economic and Development Authority (NEDA) Board at the end...
On TRAIN 2 — Are we excited to board?
By Maricel P. Katigbak
It has been months since the Tax Reform for Acceleration and Inclusion (TRAIN) 1 took effect, on Jan. 1. There were mixed sentiments from...
ADB confident PHL can handle Chinese debt load
THE Asian Development Bank (ADB) views the Philippines as capable of managing the risks of taking on significant amounts of foreign debt, amid warnings...
Korean chamber says tax concerns secondary to ownership limits
THE Korean Chamber of Commerce of the Philippines, Inc. said worries about the impact of tax reform on foreign investment are a minor concern...
Finance dep’t. in no hurry to appoint new head of SEC
THE Department of Finance (DoF) said it has a positive view of the performance of Teresita J. Herbosa, who chairs the Securities and Exchange...
Urdaneta bypass road expected for completion in 2019, DPWH says
THE Department of Public Works and Highways (DPWH) said it expects to finish a P1.6-billion project Urdaneta bypass road in Pangasinan by 2019.
In a...
PCC backs allocation of vehicle supply to Grab competitors
THE Philippine Competition Commission (PCC) said allocating a portion of the total transport network vehicle service (TNVS) supply to new entrants will give them...
Integrity — in word and deed — is back in business
By Roderick M. Vega
The concept of integrity -- as a distinct corporate value and not mere lip service -- has been identified as a vital part of...