Court dashes state push to reclaim Marcos wealth

THE COUNTRY’S anti-graft court has rejected for insufficient evidence a 30-year-old government suit seeking to recover P102 billion of alleged ill-gotten wealth of the late dictator Ferdinand E. Marcos, his family and their associates.

Just a little more…

By Real C. So
A cursory scan of the popular titles in a bookstore -- The Little Book of Hygge: Danish Secrets to Happy Living, Lagom: The Swedish Art of Balanced Living, Wabi-Sabi: Japanese Wisdom for a Perfectly Imperfect Life, Ikigai: The Japanese Secret to a Long and Happy Life -- and I can’t help but smirk.

High Court lifts TRO on Mamasapano trial

THE COUNTRY’S anti-graft court may now proceed with the trial involving the 2015 deaths of 44 policemen in a botched counter-terrorism raid in the Mindanao region after the Supreme Court lifted an order stopping the proceedings.

Senate body agrees to defer village polls

A SENATE body on Wednesday agreed in principle to defer the May 2020 village and youth council elections, but has yet to decide on the new dates.

Agriculture needs help

By Marvin Tort
Farmers and economists alike see the urgent need to improve the agriculture sector, mainly with the aim of ensuring food security, and one hopes that 66-year-old William Dollente Dar of Santa Maria, Ilocos Sur may just be the man to get the job done. He is no stranger to the Agriculture portfolio, having once served as Secretary of the Department of Agriculture during the Estrada Administration.

How government restricts energy development

By Bienvenido S. Oplas, Jr.
In the first week of August this year, I saw seven energy-related stories in BusinessWorld Economy section alone.

July inflation slowest in 31 months

INFLATION eased further in July, the Philippine Statistics Authority (PSA) reported on Tuesday, lending support to expectations for the central bank to continue loosening monetary policy.

Manufacturing’s weakness persists

FACTORY OUTPUT in the country extended its declining streak to seven months in June, the government reported on Tuesday.

Meralco bills drop for fourth straight month

ELECTRICITY USERS in the National Capital Region and surrounding areas will see lower bills for the fourth straight month, Manila Electric Co. (Meralco) announced on Tuesday.

Eagle Cement Q2 earnings jump 39% to P1.7B

EARNINGS of Eagle Cement Corp. rose 39% to P1.7 billion in the second quarter of 2019, thanks to higher volumes sold complemented by an increase in selling prices.

Petron earnings plunge 72% in 1st half

PETRON CORP. on Tuesday reported a 72% decline in its first-half net income to P2.6 billion, as sales volume in the Philippines declined due to the implementation of the second tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

Phoenix raises P3.5B from commercial papers

PHOENIX Petroleum Philippines, Inc. has raised P3.5 billion from the bond market for its short-term funding requirements, allowing it to support immediate business demands, the Davao City-based oil company said on Tuesday.