RLC bets on premium demand to drive Le Pont Tower 2 sales
REAL ESTATE developer RLC Residences is banking on increased demand in the premium market segment to drive sales of the second tower of its Le Pont Residences high-rise development in Pasig City.
MUP pension reform and ‘A’ credit ratings
By Bienvenido S. Oplas, Jr.
One important fiscal news last week was the move by the Department of Finance (DoF) to review the pension system of military and uniformed...
LIMA Tower 1 seen to help boost Batangas business potential
ABOITIZ INFRACAPITAL, INC. (AIC) Economic Estates recently launched the first building of LIMA Office Park, LIMA Tower 1, aiming to help transform Batangas province...
Gov’t hikes T-bill award as rates go down
THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as the papers fetched strong demand and mostly lower rates after...
Insurers book higher premiums as of June
THE INSURANCE INDUSTRY saw its premium income grow by 14.48% at end-June, driven by the life insurance sector, latest data from the regulator showed.
The...
D.M. Wenceslao’s P4-B Parqal in Aseana City focuses on work-life balance
D.M. WENCESLAO and Associates, Inc. (DMW) said it had invested P4 billion in Parqal, its latest mixed-use development located in Parañaque City’s Aseana City.
PSEi rallies to 6,800 on positive market sentiment
THE MAIN INDEX rallied to the 6,800 level on Monday as the market continued to cheer the Philippine central bank’s first rate cut in...
Peso surges vs dollar on dovish Fed hopes
THE PESO surged to a new four-month high against the dollar on Monday on expectations of dovish signals from the US Federal Reserve chief...
Finance department warned over raids on PhilHealth reserve funds
HEALTHCARE industry representatives urged the Department of Finance (DoF) to halt future transfers of “excess” funds out of the Philippine Health Insurance Corp. (PhilHealth), saying that as an insurance entity PhilHealth needs to maintain an adequate reserve that, if tapped, must finance improved health services.
Movement of healthy hogs being planned for ASF ‘red zones’
THE Department of Agriculture (DA) said on Monday that it is seeking to allow the transport of healthy pigs within African Swine Fever (ASF)...
PPA issues bid notices to develop Zamboanga del Norte, Leyte ports
THE Philippine Ports Authority (PPA) said it plans to offer P584.9 million worth of contracts to develop ports in Zamboanga del Norte and Southern...
Manila, Beijing trade blame after ships collide near shoal in South China Sea
THE PHILIPPINES and China accused each other on Monday of ramming vessels and performing dangerous maneuvers in the South China Sea, the latest flare-up...