Business

PH life insurance industry seen to grow 16% in 2018

By Joann Villanueva/PNA MANILA -- A Philippine life insurance industry executive is optimistic about a 16 percent growth in the gross written premiums of the sector in 2018, driven mainly by the...

Masterplan for Leyte Ecological Industrial Zone eyed

BOI PR/PNA MANILA -- The Philippine Board of Investments (BOI), the country’s lead industry and investments promotion agency, announced in a statement on Thursday the development of the master plan for the Leyte...

Gov’t seizes record high P24-B fake goods in 2018

By Kris Crismundo/PNA MANILA -- The Intellectual Property Office of the Philippines (IPOPHL) reported on Thursday that the government managed to seized a total of PHP23.6 billion worth of counterfeit goods in 2018. The...

Grab launches new app features

By Aerol John Pateña/PNA MANILA -- Grab Philippines has launched new features on its mobile app in apparent response to customer, as well as regulators' demands. The initiative is part of the company's Better...

Mactan-Cebu airport firm eyes Davao operation

By Lilian Mellejor/PNA DAVAO CITY -- The firm that manages the Mactan-Cebu International Airport (MCIA) is open to any opportunity to operate or develop the Davao International Airport. Andrew Harrison, chief executive advisor...

Lowering gov’t retirement age to deplete GSIS fund

By Leslie Gatpolintan/PNA MANILA -- Lowering the retirement age of government workers from 60 to 56 would deplete the state-owned pension fund 12 years earlier, top officials of Government Service Insurance System...
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