PSEi to move sideways amid global uncertainties
NORTH KOREA and the global tension it is creating remains as among the biggest market movers this week as the investing community awaits the...
Peso to rise on dollar volatility
THE PESO may sustain its rally this week as the dollar remains weak, with negative news in the United States leaving investors less upbeat,...
Consumer confidence slips amid continuing crisis in Marawi
By Melissa Luz T. Lopez, Senior Reporter
FILIPINOS grew less optimistic in the third quarter amid increasing concern on the unresolved conflict in Marawi City,...
Gov’t to roll out repurchase market by end-2017
By Melissa Luz T. Lopez, Senior Reporter
THE government is looking to establish a repurchase market within the year, as part of plans to develop...
Official submits paper listing more reasons to end MRT3 contract with BURI
A TRANSPORT official on Friday submitted a 17-page document that lists more reasons to end the government contract with Busan Universal Rail Inc. (BURI),...
No negotiations with Marawi terrorists as crisis nears end, military says
MILITARY authorities denied claims it is in talks with a former mayor to allow cornered terrorists who have attacked the city to escape in...
CLI continues expansion outside Cebu, acquires property in CDO
CEBU Landmasters, Inc. (CLI) acquired a property in Cagayan de Oro as part of its expansion drive outside of its home turf.
The Cebu-based property...
Ex-Customs chief won’t participate in Senate drug hearing, prepared to go to jail
FORMER Bureau of Customs Commissioner Nicanor E. Faeldon said on Friday he is no longer willing to participate in any hearings in the Senate...
Government receives second tranche of Mighty’s tax settlement
THE GOVERNMENT has received a second payment from Mighty Corp. amounting to P12.12 billion, the country’s Finance chief said on Thursday, just as the...
Alliance Select gets shareholder OK for equity restructuring
ALLIANCE Select Foods International, Inc. secured the go signal from shareholders to undergo an equity restructuring program in line with its turnaround strategy.
In a...
PPA, China port authority sign deal to improve operations
THE Philippine Ports Authority (PPA) and the Port and Shipping Authority (PSA) of Haikou City in China have partnered for the improvement of port...
Peso rallies to one-month high
THE PESO sustained its rally on Friday to remain at a one-month high, moving in sync with other Asian currencies as sentiment continued to...