AUB books P1.3-B earnings in first half

ASIA UNITED Bank Corp. (AUB) saw its bottom line reach P1.3 billion in the first six months of the year, fuelled by an expansion...

Murder suspect in Charlottesville violence faces court hearing

CHARLOTTESVILLE -- A man said to have harbored Nazi sympathies as a teenager before a failed bid to join the US Army was due...

Gov’t capacity to deliver infra projects up for review

THE SENATE’S review of the proposed 2018 Budget, estimated at P3.7 trillion, will focus on the government’s “ability to utilize the appropriations for public...

Peso ends at P51:$1 level despite BSP call for calm

THE PESO started the week at a near 11-year low, closing at the P51-per-dollar level, due to negative market sentiment amid heightened political tensions...

The Need for a National Strategy to Combat Terror

By Jaime S. de los Santos
Since the armed conflict in Marawi began on May 23, the military has declared countdowns on the complete decimation of the Maute group. After...

17 dead in Burkina Faso bistro ‘terrorist attack’

OUAGADOUGOU, BURKINA FASO -- Seventeen people have been killed and eight injured in a “terrorist attack” on a restaurant in Burkina Faso’s capital, the...

World Bank disaster insurance scheme to cover 25 provinces

THE Department of Finance (DoF) said it launched a World Bank-financed insurance fund for disaster-prone provinces to help fast track disbursements for affected areas. The...

Support our troops

By Rafael M. Alunan III
My weekend was spent in Baguio. It took me just 4 hours nonstop from end to end, going there and coming back through NLEx-SCTEx-TPLEx....

Shadow over HK property leaves Singapore ahead

SINGAPORE/HONG KONG -- Hong Kong’s property stocks are cheaper than Singapore’s, although not cheap enough to account for the risk that the world’s least...

Korea tensions ease as US plays down war risks

SEOUL/BEIJING -- Tensions on the Korean peninsula eased slightly on Monday as South Korea’s president said resolving Pyongyang’s nuclear ambitions must be done peacefully...

Cebu Pacific aircraft lease deal approved for investment incentives

THE Board of Investments (BoI) recently approved the P6.1-billion air transport project of Cebu Pacific (Cebu Air, Inc.), recognizing it as a public infrastructure...

MGM Resorts bets on wealthier masses to catch up in Macau

HONG KONG -- MGM Resorts International is counting on a growing number of affluent Chinese customers to drive revenue at its new Macau property,...