By Leslie D. Venzon MANILA, July 15 (PNA) — Listed STI Education System Holdings, which owns a network of schools nationwide, posted a 12-percent increase in net income in fiscal year ending…
Category: Business & Economy
Petroenergy eyes more income from Etame Offshore oil production in Gabon, Africa
By Juzel L. Danganan MANILA, July 15 (PNA) — Petroenergy Resources Corp. expects robust revenues this year as oil barrel production of the consortium operating the Etame offshore field in Gabon, Africa…
DTI holds Hariraya Eid’l Fitr diskwento caravan in Isabela City
ZAMBOANGA CITY, July 15 (PNA) -– The Department of Trade and Industry (DTI), in observance of the Islamic Holiday of Eid’l Fitr, is conducting a two-day Hariraya Eid’l Fitr Diskwento Caravan in…
PSE index extend rally on Greek debt deal
By Leslie D. Venzon MANILA, July 14 (PNA) — Philippine equities extended the upward momentum along with other Asian markets on Tuesday after Greece and its European creditors agreed on a bailout…
Nickel Asia to lend PhP3-B to EPI for Jobin-SQM Inc. acquisition
By Juzel L. Danganan MANILA, July 14 (PNA) — Nickel Asia Corp. will secure a PhP 3-billion loan for Emerging Power Inc.’s (EPI’s) acquisition of Jobin-SQM Inc. (JSI). “EPI is in the…
San Miguel expands telco portfolio
By Leslie D. Venzon MANILA, July 14 (PNA) — Diversified conglomerate San Miguel Corp. (SMC) is further expanding its telecommunications portfolio with the acquisition of stakes in three companies. In a disclosure…
Palawan earmarks Php2.07-B budget for tourism dev’t
By Azer N. Parrocha MANILA, July 14 (PNA) – The provincial government of Palawan has earmarked about Php 2.07 billion for tourism development in the province this year, an official said on…
Robinsons Land Corp. to develop 22-hectare residential project in Bacolod City
BACOLOD CITY, July 13 (PNA) — Within the year, Robinsons Land Corp. (RLC), through its horizontal developer Robinsons Homes, will hold the groundbreaking for its 22.45-hectare residential project in Barangay Estefania here….
PHL stocks rally closer to 7,500-mark
MANILA, July 13 (PNA) — Local share prices rallied along with other Asian markets and regained the 7,500 mark on Monday on hopes for a deal for Greece and recovery of China….
PHL, US agree regular tax info exchange
By Joann Santiago MANILA, July 13 (PNA) — The Bureau of Internal Revenue (BIR) will now automatically report to the US Internal Revenue Service (IRS) about the financial accounts being held by…
Peso sustains sideways close vs. USD
MANILA, July 13 (PNA) – – The peso ended the week’s first day of trading sideways to a dollar at 45.16 from last Friday’s 45.12 as investors remain on watch on developments…
Comelec-SBAC 1 recommends issuance of Notice of Award
By Ferdinand G. Patinio MANILA, July 13 (PNA) — The Commission on Elections– Special Bids and Awards Committee (Comelec-SBAC) 1 has recommended the issuance of “Notice of Award” to Smartmatic –Total Information…
PCCI pushes for Manila Port-Skyway Stage 3 link
MANILA, July 12 (PNA) — The country’s largest business organization Philippine Chamber of Commerce and Industry (PCCI) is pushing for a direct road connection of the Port of Manila to Skyway Stage…
DoTC sheds light on alleged P17B Davao City’s Sasa Port overpriced project
By Lilian C. Mellejor DAVAO CITY, July 12 (PNA) — The Department of Transportation and Communication (DoTC) Secretary Joseph Abaya explained alleged overpricing of the Sasa Port Modernization project to P17 billion…
(Feature) Spotify helps OPM artists emerge in the mainstream via talent hunt
By Ma. Cristina C. Arayata MANILA, July 12 (PNA) — The world knows Filipinos are music-lovers. One digital music service, Spotify, gives a platform to OPM artists for them not just to…