MANILA, July 27 (PNA) — Investors loaded up on their dollars Monday ahead of the Federal Open Market Committee (FOMC) meeting later in the week resulting to the sideways close of the…
Category: Business & Economy
PHL stocks retreat anew
By Leslie D. Venzon MANILA, July 27 (PNA) — Local share prices retreated anew on Monday, tracking overseas developments amid President Benigno S. Aquino III’s last State-of-the-Nation Address (SONA). The barometer Philippine…
DTI’s Negosyo Center to spur economic boom
TAGBILARAN CITY, Bohol, July 26 (PNA) — Economic boom gets an additional leverage as the Department of Industry in Bohol launched the first Negosyo Center in the province, the latest addition in…
More ComVal millers process iron fortified
By Digna D. Banzon DAVAO CITY, July 26 (PNA) — The number of rice millers using iron fortified rice or i-Rice is increasing in Compostela Valley since the launching of the rice…
DTI: ‘No holy cows in partners — Usec Maglaya
By Digna D. Banzon TAGBILARAN CITY, Bohol, July 26 (PNA) — DTI-Bohol Provincial Director Ma. Elena Arbon admitted the difficult role of DTI, wearing two hats, helping develop business and also running…
8990 Holdings optimistic of exceeding Php10-B revenue target this year
By Leslie D. Venzon MANILA, July 26 (PNA) — Listed mass housing developer 8990 Holdings Inc. is confident of surpassing its Php10-billion revenue target this year on the back of new projects…
Wings Transit Lounge to open at NAIA Terminal 3 on Tuesday
MANILA, July 26 (PNA) — In a nod to airport upgrades and rehabilitation work, a new lounge is set to open at the Ninoy Aquino International Airport (NAIA) Terminal 3 on Tuesday…
Gatchalian urges SEC to crack down on firms engaged in scams
By Sammy F. Martin MANILA, July 25 (PNA) — Valenzuela City Rep. Win Gatchalian on Saturday called on the Securities and Exchange Commission to be more proactive in cracking down on so-called…
Cebu Pacific’s low fares on sale until Sunday
MANILA, July 25 (PNA) — Low-cost carrier Cebu Pacific Air is selling seats for all its international destinations for as low as Php 1,500 all-in, until Sunday (July 26) or until seats…
AC Energy optimistic on meeting 1,000-MW target capacity by 2016
MANILA, July 24 (PNA) — AC Energy Holdings Inc. President and Chief Executive Officer (CEO) John Francia said the firm is optimistic on meeting its 1,000 Megawatt (MW) target capacity by 2016….
ABS-CBN Corp.’s Php6-B bond issuance maintains highest credit rating
MANILA, July 24 (PNA) — Philippine Rating Services Corp. (PhilRatings) has maintained a PRS Aaa credit rating on listed information and entertainment multimedia conglomerate ABS-CBN Corp.’s Php6-billion bond issuance, assuring that the…
Bargain hunting lifts PSEi above 7,650
MANILA, July 23 (PNA) — Bargain hunting late Thursday buoyed the benchmark Philippine Stock Exchange index (PSEi) to sustain its uptrend above 7,600-index level. The PSEi advanced 17.60 points to 7,653.22 from…
Two LRT-2 station now selling ‘beep cards’
By Azer N. Parrocha MANILA, July 23 (PNA) — Passengers at the Light Rail Transit Line 2’s (LRT-2) Betty Go-Belmonte Station may now purchase beep cards as well. According to the Department…
Concepcion BIS exec optimistic on ’15 sales growth
MANILA, July 23 (PNA) — Concepcion Building and Industrial Solutions (BIS) posted a 49 percent year-on-year growth in unaudited sales in the first half of 2015 and its officials are optimistic of…
Ayala-unit still keen on solar projects
MANILA, July 23 (PNA) — AC Energy Holdings Inc., Ayala Corporation’s power unit, is still keen on developing solar projects despite its dodging of the March 2016 Feed-in-Tariff (FIT) deadline, said its…