February 24, 2018, 10:41 pm
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Business

Business

P3.5B lost daily to traffic in MM

By ANGELA CELIS | February 23, 2018
The worsening traffic congestion in Metro Manila is estimated to result in productivity loses of around P3.5 billion a day, according to Japan International Cooperation Agency’s (JICA) Philippine Office.

Airline defers plan to expand

by Myla Iglesias on February 22, 2018
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Philippines Airlines (PAL) has deferred its plan to expand the Ninoy Aquino International Airport (NAIA) Terminal 2 as the project  may overlap with the recent proposal of the NAIA consortium.
 

China loans costly

by ANGELA CELIS on February 22, 2018
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The National Economic and Development Authority (NEDA) said while availing loans from China appears to be more expensive versus that of Japan, there are also gains from such transaction with China.
 

Towards inflationary trouble

February 22, 2018
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TOKYO. – Investors contemplating the Philippines should add inflation to the list of hazards. A fresh rise in bond yields since Feb. 8, when the central bank left borrowing costs unchanged, suggests Manila is falling behind the curve as the economy expands rapidly and the peso hits 11-year lows.
 

PH developer raises stake in M

February 22, 2018
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Ayala Land, Inc. (ALI) said a tender offer to the remaining shareholders of MCT Bhd. increased its stake in the company to 72.31 percent, from an earlier 50.19 percent.
 

Stocks down after five days of

February 22, 2018
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Share prices ended lower Wednesday tracking the overnight drop in the US. 
 

PCC to hike hurdle on M&As

February 22, 2018
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The Philippine Competition Commission (PCC) plans to raise the current P1-billion hurdle on merger and acquisition transactions that would require compulsory notification to the commission.
 

DBP steps up funding of RE

by Jed Macapagal on February 22, 2018
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CEBU CITY - The Development Bank of the Philippines (DBP) is hopeful it can fund more renewable energy (RE) projects as the government promotes such developments through more incentives and policies.
 

Tourist arrivals hit record in

February 22, 2018
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The tourism industry is off to a promising year as visitor arrivals hit all-time high  in a given month in January.
 

Gas stations compliant on exci

February 22, 2018
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The Department of Energy (DOE) said that after conducting validations on 20 retail stations, it has not found any violations on the implementation of the updated excise tax on fuel.  
 

ERC approves genco application

February 22, 2018
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Upon resumption of its regular commission meetings, the Energy Regulatory Commission (ERC) approved and issued certificates of compliance (COCs) and provisional authority to operate (PAOs) to a number of generation projects with a total capacity of 473.2 megawatts (MW).
 

Pages

Front Page

Column of the Day

Rappler’s continuing saga

By DAHLI ASPILLERA | February 23,2018
‘Without a court TRO against the SEC ruling, Rappler’s accreditation in Malacañang was considered revoked.” – Senior Deputy Executive Secretary Menardo Guevarra.’

Opinion of the Day

Duterte does not understand media’s role in a democracy

By ELLEN TORDESILLAS | February 23, 2018
‘This is funny if it didn’t violate the constitutional guarantee of freedom of the press.’