BACOLOD CITY, July 23 (PNA) — As part of its efforts to assist local producers, the Association of Negros Producers (ANP) is tapping more buyers from outside of Negros Occidental. ANP chairperson…
Category: Business & Economy
Ayala Land unveils P25-M development for Capitol Lagoon in Bacolod City
BACOLOD CITY, July 23 (PNA) — Property giant Ayala Land Inc. (ALI) unveiled its P25-million project for the beautification and development of Capitol Lagoon and Park here. ALI vice president Jojo Lopez…
Solon asks Mar to intercede for Cordillera autonomy with Pnoy
BAGUIO CITY, July 23 (PNA) — Baguio City Representative Nicasio M. Aliping Jr. has asked the help of Department of the Interior and Local Government (DILG) Secretary Manuel Roxas III to intercede…
Stock Exchange buys BAP’s 28.91% stake in PDS for Php 650M
By Leslie D. Venson MANILA, July 22 (PNA) — Philippine Stock Exchange (PSE) on Wednesday signed a deal to purchase the 28.91-percent stake of Banker’s Association of the Philippines (BAP) in Philippine…
Regulators allot Php25-M fund to back program for consolidation of rural banks
By Joann Santiago MANILA, July 22 (PNA) — A Php 25-million fund has been set aside to support the inter-agency conceptualized Consolidation Program for Rural Banks (CPRB), a program aimed at further…
Telco subsidiary expands service distribution network via 4 retail partnerships
By Azer N. Parrocha MANILA, July 22 (PNA) — Globe Telecom Inc. subsidiary G-Xchange, Inc. on Wednesday said that it has partnered with four technology retail companies to expand the distribution of…
BCDA seals Php1-B solar deal for Clark Green City
By Kris M. Crismundo MANILA, July 22 (PNA) — The state-owned Bases Conversion and Development Authority (BCDA) sealed a Php1-billion solar farm deal for the country’s first smart and well-planned urban development,…
Integrated Micro Electronics’ subsidiary acquires property in Bulgaria for 1.14 million Euros
By Leslie D. Venzon MANILA, July 22 (PNA) — Ayala-led Integrated Micro-Electronics, Inc. (IMI) on Wednesday announced its wholly-owned and indirect subsidiary in Bulgaria (BG) acquired a property in Botevgrad, Bulgaria for…
Gov’t allocates Php 1.08B for Angat Dam rehab
By Juzel L. Danganan MANILA, July 22 (PNA) – The government has allocated Php 1.08 billion for the rehabilitation of the 40-year old Angat Dam in Norzagaray, Bulacan. In a statement, the…
One- to four-hour rotational brownouts hit Mindanao hours
By Juzel L. Danganan MANILA, July 22 (PNA) – Mindanao is experiencing rotational brownouts from an average of 1-4 hours due to the lower water level of dams, according to the Mindanao…
PHL fully committed in ASEAN integration, DTI chief says
By Kris M. Crismundo MANILA, July 22 (PNA) — The Philippines is fully committed in the ASEAN Economic Community (AEC) taking place on the last day of this year, the Department of…
Palawan gov’t continues to implement micro-financing program for small entrepreneurs
By Celeste Anna R. Formoso PUERTO PRINCESA CITY, July 21 (PNA) — Beneficiaries of the Palawan government’s micro-financing program will start receiving this month the financial support for their small businesses and…
Bureau of Customs earns PhP160-M from sale of seized rice
MANILA, July 21 (PNA) — Close to PhP200 million was generated by the Manila International Container Port (MICP) and the Port of Zamboanga after the auction of over 250,000 sacks of confiscated…
PHL shares bounce back to 7,600-level
MANILA, July 21 (PNA) — Local share prices bounced back to 7,600-level on Tuesday as investors went on a buying spree amid easing external threats. The barometer Philippine Stock Exchange index (PSEi)…
Meralco to build Php150-M grid-simulator facility
MANILA, July 21 (PNA) -– The Manila Electric Company (Meralco) will build a Php150 million grid-simulator facility called “Power Tech” in its main office in Ortigas, Pasig City. ”The Power Tech (facility)…