Category: Business & Economy

By Kris M. Crismundo MANILA, April 22 (PNA) — Delegation from Philippine Chamber of Commerce in Japan (PCCIJ) is in Manila for a four-day business mission and to strengthen its relation with…

MANILA, April 22 (PNA) — As part of efforts to improve the country’s railway systems and address the needs of the riding public, the Department of Budget and Management (DBM) has released…

CATICLAN, April 21 (PNA) — Wholesale Electricity Spot Market (WESM) operator, Philippine Electricity Market Corporation (PEMC) is seeking legal options on the blocked Php234.9 million fine for Therma Mobile Inc’s (TMO) non-dispatch…

MANILA, April 21 (PNA) — PTT Philippines has opened a new service station in Cebu, bringing to 10 the number of Thai oil firm’s stations in the province. A fourth PTT service…

MANILA, April 22 (PNA) — Local share prices extended their losing streak for a third day on Tuesday amid lack of leads. The barometer Philippine Stock Exchange index (PSEi) declined 18.33 points…

By Leslie D. Venzon MANILA, April 21 (PNA) — Century Properties Group Inc. is pouring in Php20 billion in investments in the next 10 years to transform a 56-hectare beachfront land into…

By Kris M. Crismundo MANILA, April 21 (PNA) — The Philippines is urged to further improve its business climate in order to attract more foreign direct investments (FDIs) particularly in the manufacturing…

By Leslie D. Venzon MANILA, April 21 (PNA) — Property giant Ayala Land Inc. (ALI) is investing Php16 billion over the next six years for a mixed-use development in Bonifacio Global City,…

By Joann Santiago MANILA, April 20 (PNA) — Payments by the national government of its liabilities resulted to a USD 244 million balance of payment (BoP) deficit for the Philippines in March…

By Juzel L. Danganan MANILA, Apr 20 (PNA) –- Three oil companies will increase pump prices of gas at Php 1.45 per liter and diesel at Php 1 per liter. Phoenix Petroleum…

MANILA, April 20 (PNA) – The Philippine Long Distance Telephone Co. (PLDT) on Monday announced that three of its vice presidents will be stepping down next month. In a disclosure to the…

By Kris M. Crismundo MANILA, April 20 (PNA) — The Philippine Economic Zone Authority (PEZA) has remitted a total of Php972.6 million to the national government at end-2014. This is 33 percent…

By Leilanie G. Adriano LAOAG CITY, April 20 (PNA) — In line with the thrust of the Bangko Sentral ng Pilipinas (BSP) to institute reforms for the benefit of the investing public,…

By Juzel L. Danganan MANILA, April 20 (PNA) — Philex Petroleum Corporation, the mother-company of Forum Energy Plc., is considering a buy-back transaction, which will allow their shareholders to earn 20 pence…