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Mitsubishi Corp. has won the contract to supply 120 cars – equivalent to 30 train sets – for the Light Rail Transit  Line 1, the Japan International Cooperation Agency announced yesterday.

Megaworld Corp. is building a new central business district in General Trias, Cavite in the likes of the Makati CBD.

The benchmark Philippine Stock Exchange index managed to rise yesterday despite the absence  of market-moving news, analysts said.


Lack of money is the root of all evil, according to the famous author Mark Twain.

It was a surprise to read a statement issued by the state-run Social Security System early this month about plans to provide unemployment insurance benefits to its over 33 million active members as part of the proposed reforms in its Charter.

There is a gecko on his face, a tarsier on his neck and a snail on his shoulder. He believes in the gods and he believes in magic – black, white and what-have-you. He is a shaman, fighter and rebel. He is all these and more.

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The Philippine Retirement Authority (PRA), an attached agency of the Department of Tourism(DOT),  hopes to attract 10,000 new members this year.

Flag carrier Philippine Airlines (PAL) is allowing passengers to use the internet for free for 30 minutes or 15 MB on its flights and to surf longer for the rest of the trip at 50 percent off, as part of improving its service.

The Philippine Coconut Authority (PCA) will get a P1.4-billion allocation for 2018, the same budget level this year, the bulk of which will be used on the increased planting of coconut trees nationwide.

The Insurance Commission (IC) has released new guidelines for the submission of financial reports by insurance and pre-need companies to help facilitate data gathering among industry players in compliance with International Monetary Fund (IMF) standards.

How to make sense of financial reports is the typical challenge faced by decision-makers.  While many can read financial statements, only few can correctly interpret and analyze the numbers to make the right decisions in board and management meetings.

Be a smart taxpayer. Learn the trade secrets and tax-saving strategies for business and individuals with the Center for Global Best Practices’ special seminar titled, “Optimizing Tax Savings and Deductions – The Legal Way!” on Sept. 14 at Marriott Hotel, Cebu City.

Across the Philippines and Asia’s other emerging economies, some $800 billion in investment opportunities go unfilled each year because capital markets are less reliable than issuers might like.

The Philippines may be able to tap $3.8 billion in loans from the Asian Development Bank in the next three years to help fund the priority programs of the Duterte administration, the Department of Finance (DOF) said over the weekend.

Taiwanese smartphone maker Asus is looking to grow sales in the country this year as it aims to improve its position in the market through the launch of the new Zenfone 4 series.

The benchmark Philippine Stock Exchange index (PSEi) may continue to fight to stay above the 8,000 mark this week after it reached a new high last week.


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