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The Manila International Airport Authority on Saturday said a number of domestic flights were suspended due to the bad weather caused by Tropical Storm Urduja.

The World Bank has upgraded its growth projection for the Philippines this year, citing growth in exports alongside global economic recovery.

Fitch Ratings’ recent decision to upgrade the country’s long-term foreign currency issuer rating to “BBB” bodes well for the government’s planned global bond offering early next year, the Bureau of the Treasury said.


T’is the season to be merry indeed, that is what December brings every year, no matter what.

I do not have long vacations because long vacations drive me crazy.

Latest Business News

The Public-Private Partnership Center is laying down the groundwork for a more aggressive introduction of the PPP mode for the infrastructure projects of local government units.

The Senate approved on third and final reading a bill, which promotes greater transparency and public accountability in the formulation and implementation of the executive department’s economic policies.

West zone concessionaire Maynilad Water Services Inc. is investing P102 million for its pipe-laying project in Pasay.

Declining growth revenue in the business process outsourcing sector could drag down the country’s economic growth over the next two years, according to Credit Suisse.

The national government borrowed P519.97 billion from both domestic and foreign lenders in the first seven months, a sharp 55.7 percent from P334.03 billion in the same period last year, data from the Bureau of the Treasury showed.

It was another festive day at the Philippine Stock Exchange yesterday as the main composite index soared to another record high.

Security Banking Corp. and Rizal Commercial Banking Corp. are upgrading the security features of their debit cards to protect clients against fraud and cyber threats.

State-run Power Sector Assets and Liabilities Management Corp. is eyeing to rationalize its real estate assets to bring down its financial obligations while waiting for the go-ahead on the sale of government-owned power plants.

Max’s Group Inc. is expanding in the Middle East as it brings its Sizzlin’ Steak brand to the region, reinforcing it as a global brand.

Sta. Lucia Land Inc.  will pour in P15 billion in capital expenditures in the next three to five years to develop over 600 hectares of land.


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