Property firm Revolution Precrafted expands to Ecuador’s mid-income market
REVOLUTION Precrafted Properties, Ltd. continues its global expansion with its entry into Ecuador, banking on the strong demand for housing in the middle-income segment in the country.
Okada estafa cases dropped for lack of probable cause
THE Office of the City Prosecutor of Parañaque City has dismissed for lack of probable cause the two separate estafa cases filed by Tiger Resort Leisure and Entertainment, Inc. (TRLEI) against Japanese gambling mogul Kazuo Okada and several other respondents.
iPrice projects steady growth for local operations
ONLINE shopping aggregator iPrice Group Sdn Bhd is bullish on its prospects in the Philippine market as demand for e-commerce in Southeast Asia continues to grow.
Seven-year T-bonds to fetch higher rates
YIELDS on reissued Treasury bonds (T-bonds) on offer today will likely pick up ahead of the policy meeting of the US Federal Reserve.
Allianz’s deal hunt keeps mart guessing
A $94-BILLION financial behemoth is keeping the market on tenterhooks about its next move.
Central Visayas wage board okays P10-P20 hike — report
THE Regional Tripartite Wages and Productivity Board has approved a P10-P20 increase in the minimum wage for Region VII, or the Central Visayas, Cebu newspaper The Freeman reported, citing a member of the board.
World Bank reiterates Cebu BRT is viable
THE World Bank has reiterated its view that it considers the Cebu Bus Rapid Transit (BRT) Project to be feasible, amid calls by the Department of Transportation (DoTr) to cancel the project in favor of a railway system.
Full foreign ownership in utilities faces tough Senate debate amid federalism shift — legislator
THE chairman of the Senate energy committee has expressed concerns about a plan to grant full foreign ownership over power distribution and transmission as well as water services under a federal form of government as called for in a proposed constitutional change.
Energy department asked to provide clarity on planned oil import
The Energy department should provide clarity on its plan to import oil from Russia and non-members of the Organization of the Petroleum Exporting Countries...
8990 eyes P4 billion in sales from Tondo project
Mass housing developer 8990 Holdings, Inc. looks to generate P4 billion in sales from its Tondo project this year, noting the uptick in demand...
Foreign direct investments surge
FOREIGN direct investments surged in March from a year ago and from the preceding month on the back particularly of equity capital placements amid sustained confidence in Philippine prospects, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
DoF seeks to improve carriers’ tax
THE GOVERNMENT is reviewing the common carriers tax imposed on international air and sea cargo vessels in hopes of ensuring a level playing field and improving the country’s competitiveness in the sector, the Department of Finance (DoF) said in a statement on Monday.