The second most important off-season signing for the Rockets finally happened over the weekend. It may have been late in coming; no doubt, Clint Capela found himself wondering in three-plus weeks of waiting if the red and white valued him as much as he thought they did. Nonetheless, it was clear to all and sundry that neither side would be ending up anywhere else but together. They’re a good fit. Actually, they’re a great fit, and as relatively limited as his skill set seems, it blends perfectly with those of resident top dogs James Harden and Chris Paul.

Lawyer Victor Rodriguez, spokesperson of former senator Ferdinand “Bongbong” R. Marcos, Jr., has accused the Commission on Elections (Comelec) as a “co-conspirator” in the...

THE CENTRAL BANK has simplified rules for lenders issuing bonds to raise additional capital, its chief said, which is expected to replace long-term note offerings.

THE BANGKO SENTRAL ng Pilipinas (BSP) will require financial firms to use a standard design for quick response (QR) codes to allow simpler transactions across service providers.

DEFENSE Secretary Delfin N. Lorenzana on Friday issued an apology to former foreign affairs secretary Albert F. del Rosario and Acting Supreme Court (SC) Chief Justice Antonio T. Carpio for saying that The Hague’s 2016 ruling favoring the Philippines in a maritime dispute with China is “an empty victory.”

TRANSPACIFIC Broadband Group International, Inc. (TBGI) said it is seeking to renew its congressional franchise to boost its efforts to join the government’s search for a so-called “third telco” player, among other telecommunication opportunities.

THE Board of Investments (BoI) on Friday issued rules for an executive order (EO) that extended duty-free privileges of equipment and spare parts importers for another year.

PRESIDENT Rodrigo R. Duterte has signed an executive order (EO) that cuts and condones real property taxes and interest and/or penalties assessed on the power generation facilities of independent power producers (IPPs).

THE Court of Appeals (CA) has denied the petition of online news site Rappler.com to reverse the decision of the Securities and Exchange Commission (SEC) revoking its incorporation papers for failing to meet the constitutional limits on foreign ownership.

BELLE Corp.’s attributable profit expanded by 10% in the three months ending June, driven by higher earnings of the City of Dreams Manila.

CEMEX Holdings Philippines, Inc. (CHP) swung to a net loss in the second quarter of 2018, as higher income tax expenses dragged its bottomline despite rising cement volumes.

VISTA Land & Lifescapes, Inc. (VLL) has secured corporate notes amounting to P500 million to partially finance this year’s capital expenditures.