July 26, 2017, 8:39 am
Facebook iconTwitter iconYouTube iconGoogle+ icon

Business News

P130B needed for farm roads

The country may need P130 billion in order to address the 13,000 kilometers of backlog in farm-to-market roads (FMR).

Tie-up primed for VisMin grid link

Alsons Consolidated Resources, Inc. (ACR) signed an agreement with Global Business Power Corp. (GBP) which gives the latter a 50-percent stake in Alsons Thermal Energy Corp. (ATEC), the former’s holding company for coal-fired power plant assets.

Carrier to fly to Hawaii next year

Cebu Pacific plans to expand operations to another US territory, Hawaii, by next year. 

Food firm sets P400M capex this year

RFM Corp. looks to spend P300 million to P400 million this year to further improve its operation and maintain its growth. 
 

P128B poured in Yolanda areas

As part of efforts to rehabilitate areas devastated by Typhoon Yolanda, the Board of Investments (BOI) has approved P128.5 billion worth of projects from November 2013 up to June 2017.

Fiscal prudence to rule the day

Finance Secretary Carlos Dominguez III dispelled fears that the Duterte administration’s ambitious spending strategy could lead to fiscal instability.

Vehicle production rises 38%

Vehicle production in the Philippines rose 38 percent to 61,094 units in the first five months of the year from 44,129 units in the same period in 2016, data from the Asean Automotive Federation show.

CEZA primed as logistics hub

The new head of the Cagayan Economic Zone Authority (CEZA) aims to transform the Cagayan Special Economic Zone and Freeport into a new economic growth center, a tourist destination and a major transshipment and logistics hub in Northern Luzon.

Group offers to rehab jeepneys

Local start-up QEV Philippines Electromobility Solutions and Consulting Group Inc. (QEV Philippines) unveiled  an  environment-friendly solution to address Metro Manila’s current public transportation challenges—the “green jeepney.”

Former PSE head named Dutch bank country manager

Hans Sicat is the new ING Bank, N.V. country manager, replacing current chief Consuelo “Zondy” Garcia.

Pages

Front Page

Column of the Day

Wyoming, we want our bells back!

By DAHLI ASPILLERA | July 26,2017
‘I uphold and stand for the entirety of President Duterte’s SONA... Also for his demand for the return of the Balangiga Bells whose fate I wrote about 22 years ago.’

Opinion of the Day

‘Assassination’

By DODY LACUNA | July 26, 2017
‘The possible assassination of the very popular Duterte by the CPP/NPA would likely lead to an intense civil unrest, with the military suddenly cracking down on leftist groups, the opposition and the media.’