Holcim posts weaker profit amid ‘challenging 2017’
HOLCIM Philippines, Inc. reported a 61% drop in profit last year after a sluggish construction sector and tight competition hurt the company’s performance, it...
Senate holds hearing in Boracay, tackles island’s environmental concerns
By Camille A. Aguinaldo
SENATOR Cynthia A. Villar wants erring businesses closed down while compliant ones remain operational instead of imposing a 60-day total shutdown...
ATN ups capital budget to boost annual output
ATN Holdings, Inc. said its board of directors has approved “additional major investments” in capital equipment amounting to P150 million for this year and...
Palace: ‘It is up to China to fulfill its promises’
Malacañang on Friday reacted to a Social Weather Stations poll showing “neutral” net trust in China, as opposed to “very good” net trust in...
NAIA rehab, upgrade bid heats up
THE GROUP behind the ongoing upgrade of the Mactan-Cebu International Airport will go head-to-head against a consortium made up of some of the country’s...
Feb. growth of PHL factory activity slowest in 5 months
BUSINESS for factories in the Philippines bared “marginal” improvement in February, according to the latest monthly monitoring by IHS Markit for Nikkei, Inc. that...
Mart asks about Fed’s Powell: Is he hawk, dove?
WASHINGTON -- Financial markets barely batted an eye on Tuesday when Jerome Powell’s first public statement as Federal Reserve chief saw daylight, interpreting it...
SM Prime hikes capex
By Arra B. Francia, Reporter
SM PRIME Holdings, Inc. (SM Prime) is accelerating its spending program in the next two years to support the continued...
MPIC readies more unsolicited proposals for gov’t
By Krista A. M. Montealegre,
National Correspondent
METRO PACIFIC Investments Corp. (MPIC) is readying more unsolicited infrastructure proposals after sustaining a double-digit growth in core net...
Phinma Energy consolidated income falls 75% to P347 million
PHINMA ENERGY Corp. recorded a 75% fall in consolidated net income to P347 million last year from P472 million a year earlier — when...
The touring production of Lion King gets Filipino touches
TWENTY years since it first opened on Broadway in 1997, The Lion King is finally coming to Manila for the first time, and for...
DTI warns abolition of contract labor could hurt investment
TRADE Secretary Ramon M. Lopez has reiterated his stance on the legitimacy of some contractual work arrangements, noting that a full ban on the...