Business

Farmers’ org tells economic team to visit farms

by Lilybeth Ison/PNA MANILA -- Farmers organization Philippine Maize Federation (PhilMaize) on Friday said that recent statements of an economic team member does not reflect realities in the agricultural sector. "I can't help but comment...

Manila Water earmarks P115-B for used water master plan

by Lilybeth Ison/PNA MANILA -- Manila Water announced that it is investing more than PHP115 billion for its Used (Waste) Water Master Plan to be implemented until 2037, as part of its contribution to...

Jollibee nets P8.3 billion in 2018

By Leslie Gatpolintan/PNA MANILA -- Homegrown fast-food giant Jollibee Foods Corp. (JFC) booked a 17.1-percent increase in profit in 2018 after opening 502 stores, the highest number of new stores opened for a...

Investment in infra projects a plus for insurance companies

By Joann Villanueva/PNA MANILA -- An insurance executive called the recent decision of the Insurance Commission (IC), which allows regulated companies to invest in the debt or equity securities of infrastructure projects, "a...

Local stocks recover, peso still down

By Joann Villanueva/PNA MANILA -- The Philippine Stock Exchange index (PSEi) recovered Thursday after a four-day slide but the peso closed even weaker against the greenback. The composite index rose 0.90 percent, or 71.01...

Germany helping boost renewable energy in PH: DOE

By Kris Crismundo/PNA MANILA -- The Department of Energy (DOE) has recognized the help extended by the German development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), in advancing renewable energy use in...
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