MPIC prepared to buy out shareholders of MRT-3
By Victor V. Saulon, Sub-Editor
METRO PACIFIC Investments Corp. (MPIC) is prepared to buy out “certain shareholders” in Metro Rail Transit 3 (MRT-3), including the...
Peso climbs on BSP intervention
THE PESO started the week stronger versus the greenback, erasing a near 11-year low logged the previous session, after it tracked regional peers and...
Polloc freeport investment seen boosting ‘halal hub’
PORT OPERATOR Bangsamoro Terminal Services, Inc. (BTSI) is investing P129 million in the Polloc Freeport and Economic Zone in Maguindanao, which is being positioned...
The happy-sad life of the overseas pinoy
By Greg B. Macabenta
On one trip to Rome, several years ago, my wife and I chanced upon a Filipino couple peddling balut and chichiria on the sidewalk...
Conflicting policies always hit consumers
By Hannah Viola
The Department of Energy’s budget proposal for fiscal year 2018 is reflective of the administration’s aim of ensuring energy security, in line with President...
Stocks flat in listless trading as ‘ghost month’ starts
LOCAL EQUITIES barely moved as the Aug. 22 to Sept. 19 Chinese “ghost month” began, with political noise and the peso’s continued weakness providing...
2017 GDP goal within reach — Moody’s
By Melissa Luz T. Lopez
Senior Reporter
THE PHILIPPINES is on track to hit the low end of the government’s growth goal this year, Moody’s Investors...
Central banks in Asia lean on wide mandate as Fed readies tightening
HONG KONG -- As Asia’s central banks grapple with low inflation, just like their global peers, they already have a dizzying array of mandates...
BSP says peso’s path ‘consistent’ with growth
THE PESO’s “gradual” depreciation is “consistent” with government efforts to stoke faster economic growth, the central bank chief said yesterday, adding that the local...
Stocks to dip on thin trade as ‘ghost month’ starts
LOCAL EQUITIES will likely dip this week as investors maintain a cautious stance at the official start of the so-called “ghost month.”
The bellwether Philippine...
Cebu-based Innoland expands to Makati City
By Arra B. Francia, Reporter
CEBU-BASED property developer Innoland Development Corp. is bringing its expansion to Metro Manila, with the launch of its first office...
CIDG tasked to probe Kian delos Santos killing
By Ian Nicolas P. Cigaral and
Kristine Joy V. Patag Reporters
THE Philippine National Police (PNP) has ordered its Criminal Investigation and Detection Group (CIDG) to...