Business

Landbank extends offer to by PDS stakes to March 15

By Joann Villanueva/PNA MANILA -- State-owned Land Bank of the Philippines (Landbank) extended anew the deadline set on its offer to buy out several Philippine Dealing System Holding Corp. (PDS) shareholders to...

BSP forecasts steadier inflation in January 2019

By Joann Villanueva/PNA MANILA -- Higher oil prices is seen to push January 2019 inflation between 4.3 to 5.1 percent. In a statement Thursday, the Bangko Sentral ng Pilipinas (BSP) said higher domestic...

Gov’t keen on retaining one-stop-shop service for investors

By Kris Crismundo/PNA MANILA -- The government wants to maintain the one-stop-shop service provided by Philippine Economic Zone Authority (PEZA), and even adopt this in all of government's investment promotion agencies (IPAs). During...

Local markets inspired by assurance of steady Fed rates

By Joann Villanueva/PNA MANILA -- A promise from the US Federal Reserve that it would be more circumspect about future rate increases while keeping an eye on economic developments was the assurance...

PH Asia’s next success story: Diokno

PNA MANILA -- Budget and Management Secretary Benjamin Diokno told the foreign business community that they are in the right place at the right time because the country is poised to keep its...

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...
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