Duterte backs China’s RCEP
PRESIDENT Rodrigo R. Duterte on Tuesday called on Southeast Asia to fight protectionism as he endorsed a China-backed free trade agreement widely viewed as...
Supreme Court rules Marcos to stay at cemetery for heroes
By Kristine Joy V. Patag
Reporter
THE SUPREME COURT (SC) on Tuesday ruled with finality on the petitions challenging its earlier decision that allowed the burial...
Gov’t plans to import more rice next year
THE NATIONAL Food Authority (NFA) plans to import in 2018 double the rice it is bringing in this year, according to a presentation in...
BMI: Coal to remain primary power source
By Victor V. Saulon
Sub-Editor
COAL-FIRED power plants will be the primary driver of growth in the country’s power infrastructure segment in the next 10 years,...
ASEAN calls for non-militarization, self-restraint in disputed sea
SOUTHEAST ASIAN foreign ministers ended an impasse on Sunday over how to address disputes with China in the South China Sea, issuing a communique...
Ayala Land net income jumps 18% in 2nd quarter
By Arra B. Francia
SALES from Ayala Land, Inc.’s top three residential brands drove its earnings 18% higher for the second quarter of 2017.
The property arm of the...
DoF backs private sector perks to attract more BIR personnel
THE Department of Finance (DoF) said that improvements in non-salary incentives should also be looked into to make government service more attractive, with the...
URC Q2 profit falls amid challenges in PHL, Vietnam
UNIVERSAL ROBINA Corp. (URC) on Monday reported a 23% drop in net income attributable to the parent in the second quarter, amid continued challenges...
Metrobank earnings climb in 2nd quarter
By Melissa Luz T. Lopez,Senior Reporter
METROPOLITAN BANK & Trust Co. (Metrobank) saw its net income climb during the second quarter, driven by double-digit increases in both commercial and retail...
Online hiring rises 6% in June
ONLINE HIRING increased by 6% year on year in June, with the business process outsourcing (BPO) sector posting the steepest growth at 18%, according...
1st half GOCC dividends fall 32% on absence of one-off items
DIVIDENDS remitted to the national government from state-run firms fell in the first half due to the base effects of one-off payments made a...
10 million still jobless but optimism ‘very high’
By Ian Nicolas P. Cigaral
Reporter
THE RANKS of jobless Filipinos steadied around the 10 million mark in the second quarter from the preceding three months...