Farm output grows slower in Q4, rebounds for the full year
VALUE of the country’s farm output grew by its slowest pace in 2017 in the fourth quarter, even as that rate marked a turnaround...
Gov’t ups Q3 GDP growth estimate; Moody’s Analytics sees Q4 slowdown
OVERALL ECONOMIC GROWTH can be expected to have picked up in the fourth quarter from a year ago, though expansion could have eased from...
LandBank angles for majority in fixed-income bourse
By Elijah Joseph C. Tubayan, Reporter
THE LAND BANK of the Philippines (LandBank or LBP) is considering acquisition of a majority stake in the Philippine...
‘Strong’ demand marks Duterte’s second global bond sale
THE DUTERTE ADMINISTRATION’S second global bond offer met “strong” demand, enabling the government to raise some $750 million in new money, the Finance department...
Cops in Arnaiz-De Guzman EJK charged
By Minde Nyl R. Dela Cruz
THE Department of Justice (DOJ) on Friday, Jan. 19, filed charges before the Caloocan Regional Trial Court (RTC) against...
PPA: Cargo volume from January to November 2017 almost flat
By Patrizia Paola C. Marcelo, Reporter
TOTAL cargo volume from January to November 2017 posted flat growth, registering a 0.81% increase.
In a statement, the Philippine...
Government to terminate contract with airport services provider
By Patrizia Paola C. Marcelo, Reporter
THE Manila International Airport Authority (MIAA) will no longer renew its contract with Miascor Groundhandling Corp., following a reported...
Ayala reorganizing energy holdings into thermal, renewable businesses
AYALA Corp. is restructuring its energy business by creating two wholly owned platforms to house its investments in renewable energy and thermal energy, the...
BoP deficit doubles in 2017 after posting Dec. surplus
THE balance of payments (BoP) position returned to a surplus in December, although the deficit widened over the course of 2017, the Bangko Sentral...
Gov’t to require telcos to lease common towers
By Patrizia Paola C. Marcelo, Reporter
THE government will implement a common tower policy, which will require current telecom operators to lease cell towers from...
DoH chief: Sanofi refunds P1.161B in Dengvaxia program
EMBATTLED vaccines firm Sanofi Pasteur has refunded the Philippine government P1.161 billion in connection with the Dengvaxia immunization program, Health Secretary Francisco T. Duque...
Duterte off to India Jan. 24
By Arjay L. Balinbin
PRESIDENT Rodrigo R. Duterte is scheduled to fly to India on Wednesday, Jan. 24, to attend the ASEAN-India Commemorative Summit (AICS)...