Gov’t officials to face lifestyle checks
PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday ordered lifestyle checks on government officials as the probe into questionable flood control projects continues.
Local automakers interested in participating in RACE program
LOCAL AUTOMAKERS have also expressed interest in participating in the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, the Department of Trade and Industry (DTI) said.
SEC expands one-day registration to 81 industries
THE SECURITIES and Exchange Commission (SEC) recently increased the number of industries that can avail of the one-day company registration process.
BSP adopts new format for policy announcements
THE BANGKO SENTRAL ng Pilipinas (BSP) will start implementing a new format for communicating monetary policy decisions starting Aug. 28, as part of efforts...
CBD rents hold firm; fringe faces oversupply
THE METRO MANILA office market is expected to see continued demand for high-quality and strategically located properties, but fringe areas are facing oversupply, according...
ACEN unit allots P34.5B for 247-MW Banahaw Wind project
GIGAWIND4, INC., an ACEN Corp. unit, is earmarking P34.5 billion for a wind power project in Tayabas, Quezon, with a planned capacity of 247...
8990 Holdings stockholders approve voluntary delisting
REAL ESTATE developer 8990 Holdings, Inc. has secured stockholders’ approval for its planned voluntary delisting from the Philippine Stock Exchange (PSE).
The voluntary delisting was...
Exploring El Nido’s charm beyond sunshine and sand
LOW SEASON came early at one of the most popular summer destinations, El Nido, according to a manager in one of the hotels in the coastal town. Yet, despite the gloomy weather, tourists can still enjoy an unforgettable getaway, one that goes beyond the usual island hopping and snorkeling.
EDC signs deal for 440-MW geothermal projects in Indonesia
ENERGY DEVELOPMENT CORP. (EDC) has partnered with PT DSSR Daya Mas Sakti, a subsidiary of Indonesia’s PT Dian Swastatika Sentosa Tbk (DSSA), to develop...
BTr fully awards bonds
THE GOVERNMENT made a full award of its dual-tranche offering of Treasury bonds (T-bonds) on Wednesday at lower yields before an expected rate cut...
Bringing premium tea craftsmanship to milk tea
ALTHOUGH the Philippines is a coffee-drinking culture, Chinese milk tea brand Chagee is hoping to kickstart Filipinos’ newfound appreciation for tea. Its executives recently told the press that it will be bringing “the premium tea bar experience” to the Philippines.
TDF yields drop before BSP meet
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped on Wednesday, even as the one-week tenor went undersubscribed, ahead of the anticipated...