Headwinds greet debut of Chelsea
By Arra B. Francia
GENERAL OPTIMISM over the country’s logistics sector failed to sustain Chelsea Logistics Holdings Corp.’s (CLC) early gains during its debut on...
Philippines’ LNG imports seen rising as maritime dispute thwarts exploration
THE PHILIPPINES’ reliance on imported liquefied natural gas (LNG) will rise in the coming decade as its sole source in the Malampaya gas field...
July FX reserves smallest in 7 months
THE COUNTRY’S international reserves slipped in July to a seven-month low as the central bank tapped the funds to temper foreign exchange swings and...
Gov’t plans to import more rice next year
THE NATIONAL Food Authority (NFA) plans to import in 2018 double the rice it is bringing in this year, according to a presentation in...
BMI: Coal to remain primary power source
By Victor V. Saulon
Sub-Editor
COAL-FIRED power plants will be the primary driver of growth in the country’s power infrastructure segment in the next 10 years,...
10 million still jobless but optimism ‘very high’
By Ian Nicolas P. Cigaral
Reporter
THE RANKS of jobless Filipinos steadied around the 10 million mark in the second quarter from the preceding three months...
BSP widely expected to maintain policy rates
By Melissa Luz T. Lopez
Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) will likely keep borrowing rates steady this week, analysts said in a BusinessWorld...
‘Build, Build, Build’ push weighs on peso
PHILIPPINE construction firm Teravera Corp. plans to raise a fourth dollar loan in a year, after borrowing around $2.5 million to buy dozens of...
Inflation edges up in July
By Jochebed B. Gonzales, Researcher
and Melissa Luz T. Lopez, Senior Reporter
PRICES of widely-used goods edged up last month on account of higher costs of...
Duterte signs law for free tuition in state colleges
PRESIDENT Rodrigo R. Duterte on Friday signed a new law that grants free tuition in all state universities and colleges (SUCs), despite the warnings...
Power business drives MPIC profit in 1st half
By Arra B. Francia
METRO Pacific Investments Corp. (MPIC) on Friday reported double-digit profit growth during the first six months of 2017, driven by its...
Dissent hits mining industry ranks
JUST as the country’s miners breathed a sigh of relief with the replacement in May of a staunch environmentalist at the Environment department’s helm,...