Business

German builders coming to explore PH construction scene

By Kris Crismundo/PNA MANILA -- A delegation from Germany's construction sector is arriving next week for a four-day business mission to explore opportunities in infrastructure development. German-Philippine Chamber of Commerce and Industry (GPCCI)...

PCC blocks URC acquisition of Batangas sugar mill

By Kris Crismundo/PNA MANILA -- The Philippine Competition Commission (PCC) said Thursday that it will block the acquisition by Universal Robina Corp. (URC) of the assets of its lone competitor, a sugar miller...

Gov’t, foreign partners rush P67.9-B Marawi rehab

DOF PR/PNA MANILA -- Funding from both local and foreign sources have enabled the Duterte administration to fast track the extensive planning and preparations required for the PHP67.99-billion reconstruction and rehabilitation program for...

Iloilo bizmen urged to join China’s ‘Maritime Silk Road’ expo

By Perla Lena/PNA ILOILO CITY -- Officials of the Quanzhou Municipal People’s Government from the Fujian province of the People’s Republic of China are encouraging businessmen from this city to join this...

Inflation to be within target by 2nd quarter 2019

By Kris Crismundo/PNA MANILA -- Inflation in the country is expected to settle back into the government’s target band of 2 percent to 4 percent beginning in the second quarter of the year,...

Profit-taking drains PSEi, peso retreats on risk-off sentiment

By Joann Villanueva/PNA MANILA -- Profit-taking continued to drain Philippine equities, with the main gauge down to the 7,900-level, while the market's cautious stance weighed down the peso Thursday. The Philippine Stock Exchange index...
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