By Juzel L. Danganan MANILA, July 19 (PNA) — Philippine Solar Power Alliance (PSPA) President Tetchi Capellan has called for a review on the Feed-in-Tariff (FIT) rate to avoid the proposed policy…
Category: Business & Economy
Iloilo City to leverage on APEC hosting to solicit investments
MANILA, July 19 (PNA) — Iloilo City is taking advantage of its hosting of one of the high-profile meetings of the Asia-Pacific Economic Cooperation (APEC) to drum up interest among potential investors…
Coast Guard to re-power BRP Cabo Bojeador’s engines
MANILA, July 18 (PNA) — The Philippine Coast Guard (PCG) has allocated about Php 24 million for the procurement of equipment and services needed for rehabilitation of the port and starboard main…
8990 Holdings to build more Azalea hotels
By Leslie D. Venzon MANILA, July 17 (PNA) — The hotel arm of listed property developer 8990 Holdings Inc. plans to invest Php1.5 billion to expand its hotel portfolio over the next…
Otto Energy stops trading of stocks for potential acquisition
By Juzel L. Danganan MANILA, July 17 (PNA) — Australian-firm Otto Energy Ltd. on Friday suspended trading of its stocks at the Australian Stock Exchange pending results of a potential acquisition. “The…
PHL ability to sustain stock market rally depends on continuity of reforms after 2016 –expert
By Leslie D. Venzon MANILA, July 17 (PNA) — The Philippine stock market can sustain its rally in the next few years depending on the ability of the next leader to continue…
More SMEs urged to list in stock market
By Leslie D. Venzon MANILA, July 17 (PNA) — The Philippine Stock Exchange (PSE) is encouraging the entry of more small and medium enterprises (SMEs) into the stock market in a bid…
9 new hotel lounges ready to accommodate travelers at NAIA Terminal 1
By Azer N. Parrocha MANILA, July 16 (PNA) — Nine new hotel lounges are now open to travelers at the Ninoy Aquino International Airport (NAIA) Terminal 1. On its official Facebook page,…
PHL hot money still in net inflow
By Joann Santiago MANILA, July 16 (PNA) — The Philippines is not excused from economic setbacks such as growth slowdown in the first quarter of 2015 but it remains attractive to investors…
RFM sees profit breach Php1-B mark
MANILA, July 16 (PNA) — Food and beverage firm RFM Corp. expects to breach the Php1-billion net profit mark this year on the back of increased consumption spending amid elections and the…
PHL on track to be on the top three in Competitiveness Report
By Kris M. Crismundo MANILA, July 16 (PNA) — The Philippines is on track to be on the top three in competitiveness rankings globally, said National Competitiveness Council (NCC) Co-Chair Guillermo M….
DTI sets 2-day Zampen SME Conference in Zamboanga City
ZAMBOANGA CITY, July 16 (PNA) -– The Micro, Small, and Medium Entrepreneurs (MSMEs) will take center stage as the Department of Trade and Industry (DTI) is set to conduct a two-day Zamboanga…
BCDA remits Php49-B to NG
MANILA, July 15 (PNA) — The state-owned Bases Conversion and Development Authority (BCDA) has remitted Php49.17 billion to the National Government from 1993 to May 2015. BCDA President and Chief Executive Officer…
NREB proposes to put a cap on power capacity of solar, wind projects
By Juzel L. Danganan MANILA, July 15 (PNA) — The National Renewable Energy Board (NREB) proposes to put a cap on the power capacity of each solar and wind project to be…
NEDA sees robust economic growth in second half
By Leslie D. Venzon MANILA, July 15 (PNA) — The government expects the Philippine economy to grow stronger in the second half of 2015 after posting a slower growth in the first…