By Joann Santiago MANILA, Sept 9 (PNA) — Investors’ anticipation for a non-event when Philippine monetary officials decide on the Bangko Sentral ng Pilipinas’ (BSP) key rates Thursday this week is among…
Category: Business & Economy
Survey shows Filipinos’ increasing appetite to invest overseas
By Joann Santiago MANILA, Sept. 9 (PNA) — Filipinos’ risk appetite in investing overseas has increased but most still prefer to have investment properties rather than equity investments. Results of Manulife Investor…
President Aquino: Reforms attracting investments, backing PHL economic growth
By Leslie D. Venzon MANILA, Sept. 9 (PNA) — President Benigno S. Aquino III on Tuesday said his administration’s reform efforts are attracting more investments and supporting the country’s robust economic growth….
DOTC ‘to shadow’ MRT-3 maintenance provider while on month-to-month contract
By Azer N. Parrocha MANILA, Sept. 8 (PNA) — The Department of Transportation and Communications (DOTC) announced on Monday the creation of a team “to shadow” the current Metro Rail Transit (MRT)-3…
Peso, PSEi welcome the week with gains
MANILA, Sept. 8 (PNA) — The Philippine peso and the local bourse posted improvements Monday partly because of further easing of interest rates in Europe. The local currency appreciated to P43.54 to…
AboitizPower sets secondary market trading for 7-yr, 12-yr bonds
MANILA, Sept. 8 (PNA) — Listed firm Aboitiz Power Corporation sets secondary market trading for its seven-year and 12-year bonds. In a disclosure to the Philippine Stock Exchange (PSE) Monday, AboitizPower said…
Villar lauds DOJ’s recommendation to prosecute individuals behind ‘garlic cartel’
By Jelly F. Musico MANILA, Sept. 6 (PNA) – Senate committee on agriculture chairperson Sen. Cynthia on Saturday welcomed the recommendation of the Department of Justice (DOJ) to prosecute individuals behind the…
DPWH to start P56M worth of farm-to-market road
By Ahlete C. Reyes TACLOBAN CITY, Sept 7 (PNA) — The P56 million worth of farm-to-market road projects in Leyte’s Second District are up for bidding in October by the 2nd Leyte…
PH tech-voc education ready for ASEAN integration
MANILA, Sept 7 (PNA) — Technical vocational education and training (TVET) in the Philippines is primed for tougher challenges that would result from the integration of Southeast Asian economies, Secretary Joel Villanueva…
Leyte’s ‘selling mission’ prioritizes agri-based opportunities
TACLOBAN CITY, Sept 7 (PNA) — Leyte’s selling mission this year gave priority to livelihood opportunities in agri-based industry to help rebuild the agriculture sector of the province which suffered considerable losses…
Eastern Petroleum CEO Martinez claims oil smuggling figure exaggerated
By Juzel L. Danganan MANILA, September 7 (PNA) — Eastern Petroleum Chief Executive Officer (CEO) and Chairman Fernando Martinez has debunked claims by some sectors that smuggling is rampant in the Philippines….
PHL urged to take opportunity of Halal market in Malaysia
By Kris M. Crismundo MANILA, Sept 6 (PNA) — As majority of the Malaysian population is Islam, Philippine exporters urged to take opportunity of the Halal market in the said country. In…
NBI summons Albay bishop, others over Aleco mess
By Danny O. Calleja LEGAZPI CITY, Sept. 6 (PNA) -– The National Bureau of Investigation (NBI) has summoned to its office in Manila the bishop of Albay and several other personalities accused…
Petilla confirms ILP capacity at 71 MW
MANILA, September 6 (PNA) — Energy Secretary Carlos Jericho Petilla confirmed Friday that 71 Megawatts (MWs) is the current estimated capacity of the Interruptible Load Program (ILP), coming from 104 companies who…
Cebu town mayor asks DPWH 7 to speed up widening of Cansaga Bay Bridge road link
CEBU CITY, Sept. 6 (PNA) — Mayor Teresa Alegado of the northern Cebu town of Consolacion has called on the Department of Public Works and Highways (DPWH) 7 to speed up the…