BSP survey shows credit standards holding steady in Q4

BANKS generally maintained their credit standards in the fourth quarter, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP), though banks...

Hyundai Philippines to comply with MVDP suspension order

HYUNDAI Asia Resources, Inc. (HARI) said it accepts a government suspension from the Motor Vehicle Development Program (MVDP) after the company was found to...

BIR: Annual ITR deadline still April 15, but Q1 returns for self-employed is on...

By Elijah Joseph C. Tubayan, Reporter THE Bureau of Internal Revenue (BIR) on Friday said the deadline of filing for annual tax returns is still...

Davao City business chamber pushes for development of economic zones

By Carmelito Q. Francisco and Maya M. Padillo, Correspondents DAVAO CITY — The business sector has called on the city government to push for the...

Oriental Petroleum shareholder vote fails on lack of quorum

ORIENTAL Petroleum and Minerals Corp. said it failed to secure the required attendance for a valid vote to amend its secondary business purpose to...

House Speaker: Con-con no guarantee against vested interests

By Minde Nyl R. Dela Cruz HOUSE Speaker Pantaleon D. Alvarez said a constitutional convention (con-con) is no guarantee that politicians and businessmen with vested...

Peso closes stronger on weak US data, Federal gov’t shutdown fears

THE peso strengthened against the dollar on Friday, with the US currency falling back after weak US housing data, amid fears of a Federal...

Bourse recovers to post weekly gain

ANTICIPATION of relatively fast Philippine fourth-quarter gross domestic product(GDP) growth and China’s better-than-expected (GDP) expansion for the same period fueled local stocks to recover...

DPWH to conduct weekend road reblocking

THE Department of Public Works and Highways (DPWH) will undertake road reblocking and repairs starting 11:00 p.m. of Friday night, Jan. 19, at the...

A new gateway to the future

The Philippines has done it. It has ignited an explosion of economic growth and built a momentum of progress that can stand toe to...

Flying high

The emergence of Clark Freeport Zone as a vital Luzon economic hub was amplified by the opening in the mid 1990s of Clark International...

A mix of work and play

With a rich background dating back to 1903, Clark Freeport Zone in Pampanga has gone far from being a military base into an economic...