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S&P sees higher corporate credit risk for banks

The volatility in the foreign exchange market may increase corporate credit risk for the banking system especially for sectors like construction... Read more

Singapore’s GIC hikes stake in BPI to above 5%

GIC Private Ltd. of Singapore raised its stake in Ayala-led Bank of the Philippine Islands (BPI) to slightly above five percent through a series... Read more

Treasury to issue additional P15-B 7-year bonds

The Bureau of the Treasury (BTr) is set to issue an additional P15 billion worth of seven-year Treasury bonds (T-bonds) this week to plug past... Read more

TOP NEWS

Philippines logistics sector to create 7.5 M jobs by 2022

More rice imports arriving

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SEC asked to stop backdoor listing of Tiger Resort

December 10, 2018 - 12:00am by: Iris Gonzales

The planned backdoor listing of Tiger Resort Asia Ltd. is being opposed by a shareholder of Asiabest Group International Inc. (ABG) who asked the Securities and Exchange Commission (SEC) to stop the tender offer...

3 hours ago

Business

Philippines strengthens agri trade with Australia, Chile

December 10, 2018 - 12:00am

The Philippines continues to improve its agricultural trade relations with Australia and Chile in a bid to strengthen the export of various products.

3 hours ago

Business

Ayala wants to become bigger RE player in Phl

December 10, 2018 - 12:00am by: Iris Gonzales

Ayala Corp., the country’s oldest conglomerate, is bent on aggressively growing its renewable energy portfolio to become an even bigger RE player in the country and beyond, its president and COO Fernando Zobel...

3 hours ago

Business

Toyota expects sales to grow next year

December 10, 2018 - 12:00am by: Louella Desiderio

Toyota Motor Philippines Corp. (TMPC) expects sales to rise next year, reversing this year’s decline as demand for vehicles is expected to regain strength.

3 hours ago

Business

Pampanga’s Dennis Uy eyes slice of local digital services market

December 10, 2018 - 12:00am by: Richmond Mercurio

Pampanga-based businessman Dennis Anthony Uy of Converge IPCT Solution Inc. may have failed to become part of the third telecommunications player slot, but that does not stop him from engaging on another potential...

3 hours ago

Business

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Honasan likely to breeze through CA as DICT chief

Unlike some nominees or appointees, Sen. Gregorio Honasan is expected to breeze through the Commission on Appointments (CA) on his new post as secretary of the Department of Information and Communications Technology.

28 days ago

DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY GREGORIO HONASAN

How Honasan earned Rody’s trust

Barring any hitches, Senator Gregorio “Gringo” Honasan would be officially appointed any day now as new Secretary of the Department of Information and Communications Technology (DICT).

28 days ago

DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY GRINGO HONASAN

3rd telco player maintains validity of franchise

Mindanao Islamic Telephone Co. (Mislatel), the franchise holder in the consortium that was declared provisional new player in the telecommunications industry, yesterday refuted claims questioning the validity of its franchise.

29 days ago

DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY MISLATEL NATIONAL TELECOMMUNICATIONS COMMISSION

Honasan gets more support as DICT chief

Sen. Gregorio Honasan is getting more support from his fellow senators over his appointment as secretary of the Department of Information and Communications Technology (DICT).

29 days ago

DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY GREGORIO HONASAN

Sen. Gregorio Honasan formally accepts DICT post

Sen. Gregorio Honasan has accepted President Duterte’s offer for him to head the Department of Information and Communications Technology but he is expected to assume the post only after the Commission on Appointments confirms his appointment.

30 days ago

DEPARTMENT OF INFORMATION AND COMMUNICATIONS TECHNOLOGY GREGORIO HONASAN

Daily Bread

The gift of encouragement

Joseph . . . whom the apostles called Barnabas (which means “son of encouragement”), sold a field he owned and brought the money and put it at the apostles’ feet. – Acts 4:36–37

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Forex Dec 10, 2018

1$:52.170

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