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,...

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...
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