Duterte signs law for free tuition in state colleges

PRESIDENT Rodrigo R. Duterte on Friday signed a new law that grants free tuition in all state universities and colleges (SUCs), despite the warnings...

DBS: Peso to stay weak till 2018’s first half

A SUSTAINED DEFICIT in the country’s current account will put further pressure on the peso, analysts at a global bank said, noting that the...

Competition body begins review of Mighty deal

THE PHILIPPINE Competition Commission (PCC) yesterday said it has started its review of Japan Tobacco International’s deal to acquire the assets of cigarette maker...

Private equity funds offer to acquire a third of EDC

By Krista Angela M. Montealegre National Correspondent A CONSORTIUM of private equity funds is offering to acquire nearly a third of Energy Development Corp. (EDC) that...

US officials looking to ‘restore’ friendship bonds with PHL gov’t

By Jil Danielle M. Caro UNITED STATES officials are looking to smoothen ties with the administration of President Rodrigo R. Duterte as they visit Manila...

Meralco Q2 profit declines on lower contribution from units

By Krista A. M. Montealegre,
National Correspondent
EARNINGS of Manila Electric Co. (Meralco), the country’s largest power retailer, slid in the second quarter dragged by the lower contributions of its subsidiaries...

PSE working to bring down broker ownership

By Arra B. Francia
THE Philippine Stock Exchange, Inc. (PSE) has given 52 inactive trading participants until the end of September to signify their intention to continue operations...

In the aftermath of the Marawi Crisis and with martial law, what to do...

Yellow Pad Ed Quitoriano The November 2009 Ampatuan Massacre was too big and too heinous to be ignored. In the aftermath, martial law in Maguindanao was declared....

BPI’s net income declines 7.7% in first semester

BANK of the Philippine Islands (BPI) reported a lower net income as of end-June following one-off gains from the sale of securities a year...

Energy dep’t eyes private sector participation in LNG facility

THE Department of Energy (DoE) may turn to the private sector anew for the development of an integrated facility for liquefied natural gas (LNG)...

Coconut’s versatility encourages planting

KUALA LUMPUR -- Coconuts seem to be everywhere these days. Whether as “water” in PepsiCo Inc.’s Naked drink range, as “milk” in Starbucks Corp.’s coffees,...

Pernia: Q2 GDP growth likely better than 1st quarter but slower than a year...

By Elijah Joseph C. Tubayan Reporter SECOND-QUARTER gross domestic product (GDP) growth likely raced faster than the first three months’ pace on the back of continued...