Megaworld to build P98-B township in Bulacan
MEGAWORLD Corp. said in a statement on Wednesday that it will be developing a P98-billion “global business district” in the municipalities of Marilao and Bocaue in Bulacan within the next 15 to 20 years.
Growth of non-banks’ domestic claims eases in Q4
DOMESTIC CLAIMS of non-banks in the last quarter of the 2019 grew at a slower pace, the Bangko Sentral ng Pilipinas (BSP) said.
As New York City art galleries reopen, dealers rethink their business
ON WEDNESDAY, Sept. 9, dealer David Zwirner inaugurated one of his major fall shows in New York, a presentation of new paintings by artist Harold Ancart.
PNB’s net earnings rise to P6.1B in Q1
PHILIPPINE NATIONAL BANK’S (PNB) consolidated net income rose by 14.77% year on year in the first quarter on the back of its core businesses’...
Alternergy, Shell explore offshore wind potential
RENEWABLE energy company Alternergy Holdings Corp. partnered with Shell Overseas Investment B.V. to explore offshore wind potential in the Philippines.
Manila Water unit seals deal for Pagsanjan
AYALA-LED Manila Water Co., Inc. said one of its units had signed and executed a contractual joint venture agreement with Pagsanjan Water District to handle, among others, the maintenance and upgrade of the town’s water supply and sanitation facilities.
House panel approves bill to develop PHL capital markets
A PROPOSAL to reform the current private pension system to make it portable and actuarially fair was approved on committee level by the House of Representatives.
PHL stocks fall as CPI data fan hawkish Fed bets
SHARES slumped on Wednesday, tracking Wall Street’s decline, following faster-than-expected US consumer inflation in August.
Bill seeks VAT threshold indexed to inflation
A BILL filed by Senator Sherwin T. Gatchalian to amend the tax code will index the threshold for value-added tax (VAT) exempt taxpayers to inflation, adjustable every three years.
PSEi climbs to 6,500 level before inflation data
THE MAIN INDEX rose to the 6,500 level for the first time in almost a month on Thursday to join its regional peers’ climb...
Drinking the Pope’s wine
POPE FRANCIS is a popular Pope, and while he answers ostensibly to God, he is like a normal celebrity: he has pictures taken with other famous people, people pay attention to what he wears, and he has to deal with some of the intricacies that other celebrities face. When he visited the Philippines in January of 2015, crowds swelled to the thousands to greet him. Like most celebrities too, what wine he consumes is of some interest, and on June 12, guests at Chef Jessie’s in Rockwell were treated to glasses of the very same wine that Pope Francis drank during his visit.
AirAsia launches new chatbot powered by AI, machine learning
MALAYSIA - Capital A Bhd, the parent company of low-cost carrier AirAsia, introduced on Wednesday its new chatbot Ask Bo, powered by artificial intelligence (AI) and machine learning (ML), to replace its previous bot AirAsia Virtual Allstar (AVA) launched in 2019.