House leaders defend CHR budget cut amid criticism
AMID increasing criticism of the House of Representatives’ measly P1,000 budget for the Commission on Human Rights (CHR) next year, House leaders held a...
Lorenzana plays down Duterte’s remarks on nationwide martial law
WILL President Rodrigo R. Duterte declare martial law or a holiday on Sept. 21?
Defense Secretary Delfin N. Lorenzana on Friday, Sept. 15, sought to...
Auto sales up 8.7% in Aug. – CAMPI, TMA
CAR sales in August rose by 8.7% to 35,309 as most vehicle categories continued to post double-digit growth, the latest industry tally show, bringing...
Philippine current account swings to a surplus in Q2
By Elijah Joseph C. Tubayan, Reporter
THE PHILIPPINE’s current account swung to a surplus in the second quarter, lifted by dollar inflows mainly from business...
Weaker peso forces Manila Water, Maynilad to raise water tariff
By Victor V. Saulon, Sub-Editor
MANILA Water Co. and Maynilad Water Services, Inc. will be raising water rates for the fourth quarter of the year...
Economic managers plan China infra roadshow in late Sept.
CABINET OFFICIALS will visit China on Sept. 27-29 in a bid to attract more potential infrastructure investors as well as to review the progress...
Philippine bond market size up 10.2% at end-June despite rising yields – ADB
LOCAL currency bond issuances in the Philippines rose by an annual 10.2% at end-June, driven by the government’s retail bond offering together with strong...
Sta. Lucia Land builds Luzon, Davao land bank
HOMEBUILDER and mall owner Sta. Lucia Land, Inc. (SLI) is growing its land bank with the acquisition of over 50 hectares (503,488 square meters)...
Pag-IBIG increases Mindanao loan takeout target to P8.6 billion
DAVAO CITY – Home Development Mutual Fund, also known as Pag-IBIG Fund, is increasing its loan takeout target in Mindanao to P8.6 billion this...
Bourse ends in another record high
LOCAL EQUITIES turned around at the last minute to finish at a fresh historic high after trading much of the day with losses, with...
Peso unchanged in choppy trade amid N. Korea tension
THE peso held steady against the dollar even as the greenback surged against the yen as currency traders brushed off the latest missile fired...
Tender offer for chemicals trader LMG’s 34% stake withdrawn
By Arra B. Francia
PRIVATE holding firm Newmanholdings, Inc. has withdrawn its tender offer to acquire the remaining 34% of listed chemical trader LMG Chemicals...