Business

LRT-2 extension to be completed by last quarter of 2020

By Aerol John Pateña/Philippine News Agency MANILA -- The extension of the Light Rail Transit Line 2 (LRT-2), which will connect the eastern side of Metro Manila with the greater part of...

Enactment of 2019 national budget to spur economic growth

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III hailed the signing into law of the PHP3.7-trillion 2019 national budget, citing its importance towards attaining sustained growth of the...

BOI okays P8.5-B paper production facility in Bulacan

By Kris Crismundo/Philippine News Agency MANILA -- The Board of Investments (BOI) announced Tuesday that it has approved the PHP8.5-billion project of United Pulp and Paper Co., Inc. (UPPC). UPPC's project entails the...

T-bill rates up ahead of Holy Week holidays

By Joann Villanueva/Philippine News Agency MANILA -- The rates of Philippine Treasury bills (T-bills) went up Monday, with investors’ preference very apparently leaning toward the shortest tenor, as banks want to keep...

Oil companies to hike prices Tuesday

By Joann Villanueva/Philippine News Agency MANILA -- Motorists will be rudely greeted by somewhat substantial increases in pump prices this Holy Week, as oil companies are set to implement the upward adjustment...

Peso firms up, local shares slide

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended stronger against the US dollar while the Philippine Stock Exchange index (PSEi) finished in the red as the abbreviated trading week...
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