AirAsia PHL eyes flights to US
PHILIPPINES AirAsia, Inc. is eyeing flights to the United States, as it filed an air traffic access application with the Civil Aeronautics Board (CAB).
Peso to trade sideways
THE PESO is seen to trade sideways this week as the market awaits developments in the ongoing trade dispute between the world’s two largest economies.
Geopolitical tensions seen affecting PHL shares
THE MAIN INDEX may decline in the week should foreign investors continue to dump their shares in the local bourse due to the negative sentiment from geopolitical tensions abroad.
Holcim expects sustained growth in Mindanao cement demand
DAVAO CITY -- Holcim Philippines, Inc., which has just completed the expansion of its plant here, is preparing to start similar improvements in its Lugait Cement Plant in Misamis Oriental as it expects continued growth in Mindanao demand.
Sugar funding to follow the law, but reform needed to curb underspending — Villar
SENATOR Cynthia A. Villar said the funds set aside for sugar industry development have been poorly utilized, but added she still backs a budget of P2 billion for 2020.
Iloilo City taps PPP Center to assist in three projects
ILOILO City has signed an agreement with the Public-Private Partnership (PPP) Center for assistance in three projects that it plans to offer as PPPs.
Saudi, Trump ‘jawboning’ suggests $75 top for oil
LONDON -- Ask Saudi Arabia about its preferred oil price and the kingdom will say it has no target.
Banana exporters to meet with DA’s Dar to discuss industry dev’t plan
DAVAO CITY -- The Pilipino Banana Growers and Exporters Association, Inc. (PBGEA) is meeting next week with new Agriculture Secretary William D. Dar, to discuss the implementation of the Banana Industry Development Road Map.
Commercial fisheries, aquaculture output fall
COMMERCIAL fisheries and aquaculture output fell in the second quarter, the Philippine Statistics Authority (PSA) said.
EU imposes duties of up to 18% on Indonesian biodiesel
BRUSSELS -- The European Commission on Tuesday imposed countervailing duties of 8% to 18% on imports of subsidized biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers.
PSE index slips as US Treasury yields decline
LOCAL EQUITIES slipped Thursday as fears of a recession in the United States plagued sentiment both locally and overseas.
Peso weakens on recession fears as US Treasury yield curve inverts
THE PESO depreciated on Thursday as fears of a global recession gripped financial markets following the inversion of the US Treasury yield curve.