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The Manila International Airport Authority on Sunday announced that several domestic flights were grounded due to Tropical Depression “Urduja.”

The Bangko Sentral ng Pilipinas (BSP) expects a higher net outflow of foreign portfolio investments or hot money this year due to a series of rate increases by the US Federal Reserve.

The Management Association of the Philippines (MAP) named recently Maynilad Water Services president and CEO Ramoncito “Mon” Fernandez as president for 2018, the 69th person to hold the post since MAP’s inception in 1950.


Motorcycles have become a common mode of transportation in many countries, not only because they are affordable, consume less fuel, entail low maintenance costs, but more so, because they are convenient given the worsening traffic situation.

Posting sources of joy on social media is difficult to resist.

The time is early December.

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Metro Pacific Investments Corp. (MPIC) plans to spend P30 billion for the Cebu-Cordova Link Expressway (CCLEX) which would link Cebu City to the municipality of Cordova in Mactan island.

The chairman of the board of St. Luke’s Medical Center (SLMC), Frederick Dy, recently announced the appointment of Dr. Arturo De la Peña as the new president and CEO, effective Nov. 20.

Fitch Ratings has raised the credit ratings of the country’s largest banks as well as government financial institutions after the Philippines received a credit rating upgrade on the back of the improving economy.

The Chinese government is providing 3,000 units of solar-powered LED street light and home solar power system in the provinces of Antique and Palawan as part of efforts to help the country combat climate change.

The Bureau of Customs (BOC) expects its collection to fall short of its P468 billion target for 2017.

The country’s leading business groups said they are ready to embrace the final version of the government’s first tax reform package amid their persisting apprehensions on its potential impact to the country’s competitiveness.

The Bangko Sentral ng Pilipinas (BSP) is fasttracking the two-stage evaluation of the applications of 12 virtual currency exchange operators in its bid to strengthen financial consumer protection.

The Department of Justice (DOJ) has indicted businessman George Sycip and four other executives of tuna canning firm Alliance Select Foods International Inc. (ASFII) for refusing to open their corporate records to shareholders.

The consortium of local firm Megawide Construction Corp. and GMR Infrastructure Ltd. of India is the frontrunner to bag the contract for the design, engineering and construction of the new passenger terminal building in Clark Airport after it submitted the lowest bid among five participants yesterday.

The compromise on coal excise tax, while lower, will still hit consumers hard since this is a pass-on charge included in electricity rates, industry players said yesterday.


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