MANILA, Sept. 4 (PNA) — London-based Barclays raised the possibility of cut in Philippine banks’ reserve requirements (RR) after the Bangko Sentral ng Pilipinas (BSP) said it it monitoring domestic liquidity conditions…
Max’s Group’s Sizzlin’ Steak brand to enter Vietnam
MANILA, Sept. 4 (PNA) — Listed casual dining firm Max’s Group, Inc. (MGI) is set to make maiden entry of its homegrown brand, Sizzlin’ Steak, into Vietnam. MGI recently signed a development…
PhilHealth taps PLDT Alpha enterprise to enhance existing communication links
MANILA, Sept. 4 (PNA) — The Philippine Health Insurance Corp. (PhilHealth) recently tapped a telecommunications company to enhance the existing connectivity of all its offices. At present, 24 Regional and Local Health…
PHL garments exports seen to hit USD 1.5 B in 2 years
By Kris M. Crismundo MANILA, Sept. 4 (PNA) — The country’s exports of garments and hard goods are seen to double in the next two years hitting USD 1.5 billion, Foreign Buyers…
Profit-taking drags PHL stocks lower
By Leslie D. Venzon MANILA, Sept. 4 (PNA) — The Philippine Stock Exchange index (PSEi), the local stock barometer, closed the week lower following profit-taking by investors. PSEi slipped 46.98 points, or…
School, industry, Calamba LGU ink partnership, collaboration on connectivity
By Zen Trinidad CALAMBA CITY, Laguna, Sept. 4 (PNA) — The Laguna College of Business and Arts (LCBA) in this city through the Linkages and External Affairs (LES) inked an agreement today…
Ormoc shootout kills suspected high profile drug lord
ORMOC CITY, Leyte, Sept. 4, (PNA) – A suspected high profile drug lord was killed during a police operation in the city Thursday morning. City Director Police Sen. Supt Ferdinand M. Garay…
CFO to fund water system project in Iloilo village
ILOILO CITY, Sept. 4 (PNA) — The Commission on Filipino Overseas (CFO) will fund a water system project in the town of Carles in the province. The PHP1.5 million-rainwater harvesting system project…
DBM assists W. Visayas SUCs in fast-tracking implementation of projects
ILOILO CITY, Sept. 4 (PNA) –- The Department of Budget and Management (DBM) is now gearing to submit its recommendations on how to speed up implementation of projects by the respective boards…
Sec. Roxas urges Visayas mayors to join him in his mission to carry on ‘Tuwid na Daan’
By Annabel J. Petinglay ILOILO CITY, Sept. 3 (PNA) -– Department of the Interior and Local Government (DILG) Secretary Mar Roxas has urged Visayas mayors to show their support to his mission…
Aquino admin’s cumulative int’l tourist arrivals surpassed previous admin’s, says DOT chief
By Azer N. Parrocha MANILA, Sept. 3 (PNA) — The Department of Tourism (DOT) said on Thursday the Aquino administration has surpassed the previous administration in terms of cumulative international tourist arrivals….
APEC’s trade liberalization agenda seen to benefit Filipino consumers
By Leslie D. Venzon CEBU CITY, Sept. 3 (PNA) — Filipino consumers can benefit from cheaper goods and services resulting from the implementation of trade-liberalizing and business-facilitating measures by the Asia-Pacific Economic…
PPP Center chief eyes more infra projects in PHL through Cebu Action Plan
By Joann Santiago MANILA, Sept. 3 (PNA) — Public-Private Partnership (PPP) Center Executive Director Cosette Canilao is optimistic that more projects will materialize in the Philippines with the help of the Cebu…
House to start 5-day week marathon session starting next week
By Sammy F. Martin MANILA, Sept. 3 (PNA) — The House of Representatives will conduct a five-day week marathon session starting this coming Monday amid truancy problem to generate 10 extra session…
Ayala sells stakes in 81-MW wind farm to Mitsubishi unit
By Juzel L. Danganan MANILA, Sept. 3 (PNA) — Ayala Corp. said Thursday it sold some of its stake in North Luzon Renewable Energy Corp., the owner and operator of 81-megawatt (MW)…