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Congress swiftly OKs 3rd martial law extension while 2019 budget plods along
December 12, 2018 - 3:05pm by: Ian Nicolas Cigaral
Congress on Wednesday held a joint session where they discussed, and swiftly granted, President Rodrigo Duterte’s request...
Business
Philippines to become 18th largest economy by 2037 — report
December 11, 2018 - 6:02pm
The Philippines is expected to become the 18th largest economy in the world over the next twenty years, Capital Economics...
Business
Property firms must help decongest
December 12, 2018 - 12:00am by: Boo Chanco
No amount of emergency powers will significantly alleviate our horrible metro traffic problem. Added infrastructure should help, but even then something more basic must be addressed for long term sustainability...
Business
Udenna, foreign partners submit revised proposal for Cebu LRT
December 13, 2018 - 12:00am by: Richmond Mercurio
The group of Dennis Uy’s Udenna Corp. and its foreign partners has submitted a revised unsolicited proposal for the development of a Cebu Light Rail Transit (LRT) system which entails a lower investment c...
Business
ADB retains Philippine growth forecasts, but sees elevated inflation in 2018
December 12, 2018 - 4:37pm
The Asian Development Bank on Wednesday retained its growth forecasts on the Philippine economy, adding that Asia’s...
Business
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Oslob shark tourism needs sustainable model, says study
December 13, 2018 - 12:00am by: Catherine Talavera
A sustainable model for shark tourism needs to be implemented in Tan-awan, Oslob in Cebu as it is leading to the degradation of the local coral reef ecosystem,a collaborative research by the University of Hong Kong...
5 hours ago
Business
Sabin to take helm at Aboitiz Group
December 13, 2018 - 12:00am by: Iris Gonzales
The Aboitiz Group, the Cebu-based conglomerate that has built a diverse empire of businesses, yesterday witnessed the passing of an era with the retirement of Erramon “Montxu” Aboitiz.
5 hours ago
Business
Late buying spurs rise in share prices
December 13, 2018 - 12:00am by: Iris Gonzales
The stock market saw last minute buying yesterday which allowed the benchmark Philippine Stock Exchange index (PSEi) to close higher by 0.5 percent, or 37.16 points, to finish at 7,488.24 ahead of the Bangko Sentral...
5 hours ago
Business
SEC approves merger of 2GO, Negros Navigation
December 13, 2018 - 12:00am by: Iris Gonzales
The Securities and Exchange Commission has approved the merger of 2GO Group Inc. and Negros Navigation Co. Inc. with 2GO as the surviving entity.
5 hours ago
Business
Rice stocks up in November 2018
December 13, 2018 - 12:00am by: Louise Maureen Simeon
For the first time this year, the country’s rice inventory surpassed year-ago levels, inching up by nearly two percent in November while month-on-month stocks almost doubled, the Philippine Statistics Authority...
5 hours ago
Business
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