Business

Cotabato power firm sees rosy prospects in franchise area

By Edwin Fernandez/PNA COTABATO CITY – The Cotabato Light and Power Company (Cotabato Light), an AboitizPower-led distribution utility, is seeing rosy prospects in its franchise area in the medium term. In a statement...

Measures to address water supply shortage bared

By Lilybeth Ison/PNA MANILA -- The Metropolitan Waterworks and Sewerage System (MWSS) on Wednesday bared measures that would address the on-going water shortage in some parts of Metro Manila, particularly those being...

Number of workers at Bataan Freeport triples in 10 years

By Ernie Esconde/PNA BALANGA CITY, Bataan -- The number of workers at the Freeport Area of Bataan (FAB) in Mariveles town has more than tripled compared to about 10 years ago, the...

PSEi improves; peso depreciates on rate hike expectations

By Joann Villanueva/PNA MANILA – The Philippines’ main equities gauge recovered Tuesday but the peso weakened on expectations of fresh monetary easing by the Bangko Sentral ng Pilipinas (BSP) this year. The Philippine...

Cooperative key against poverty, says CDA chair

By Christine Cudis/PNA MANILA – With nearly 18,000 cooperatives operating in the country, Cooperative Development Authority (CDA) chairman Orlando Ravanera on Monday underscored the important role of cooperatives in addressing poverty. “As poverty...

Peso closed sideways; USD; local shares down

By Joann Villanueva/PNA MANILA -- The Philippine peso closed sideways against the greenback on Monday as investors express hope for a cut in the Bangko Sentral ng Pilipinas’ (BSP) key rates but...
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