DBS: Peso to stay weak till 2018’s first half
A SUSTAINED DEFICIT in the country’s current account will put further pressure on the peso, analysts at a global bank said, noting that the...
Competition body begins review of Mighty deal
THE PHILIPPINE Competition Commission (PCC) yesterday said it has started its review of Japan Tobacco International’s deal to acquire the assets of cigarette maker...
Private equity funds offer to acquire a third of EDC
By Krista Angela M. Montealegre
National Correspondent
A CONSORTIUM of private equity funds is offering to acquire nearly a third of Energy Development Corp. (EDC) that...
Taxmen told to run after more ‘big fish’
THE BUREAUs of the Internal Revenue (BIR) and of Customs (BoC) have received marching orders to nab and build cases against more big-time tax...
Energy dep’t eyes private sector participation in LNG facility
THE Department of Energy (DoE) may turn to the private sector anew for the development of an integrated facility for liquefied natural gas (LNG)...
Rules to implement EO facilitating permits of power ventures out soon
THE Department of Energy (DoE) will soon come out with the implementing guidelines of an executive order (EO) that fast-tracks the issuance of permits...
Coconut’s versatility encourages planting
KUALA LUMPUR -- Coconuts seem to be everywhere these days.
Whether as “water” in PepsiCo Inc.’s Naked drink range, as “milk” in Starbucks Corp.’s coffees,...
PHL factory growth slows but tops peers
IMPROVEMENT of factory activity in the Philippines slowed at the start of this quarter as growth of output, new orders and exports weakened, even...
Three faces of the Asian crisis: a regulator, an investor and a global financial...
By Maria Eloisa I. Calderon
Editor-At-Large
Analysis
KUALA LUMPUR/MANILA -- Corporate regulator Teresita J. Herbosa, Oakwood hotel heir Jacinto C. Ng, Jr., and the International Monetary Fund...
Philippine infrastructure open to foreign companies though risks weigh — BMI
FOREIGN FIRMS looking for good infrastructure deals will find the Philippines attractive, Fitch Group’s BMI Research said in a note, even as it flagged...
Open-pit mining ban stays for now
THE GOVERNMENT’s Environment chief said on Monday he would not lift a ban on open-pit mining imposed in April by his controversial predecessor, as...
Pernia: Q2 GDP growth likely better than 1st quarter but slower than a year...
By Elijah Joseph C. Tubayan
Reporter
SECOND-QUARTER gross domestic product (GDP) growth likely raced faster than the first three months’ pace on the back of continued...