Business

Oil firms ‘quietly’ rollback prices

By PNA MANILA -- In a move that is almost unnoticed due perhaps to the hustle and bustle of the holidays, local oil companies have again started rolling back the prices of liquid...

BOI pledges hit P907-B in 2018

By Kris Crismundo/PNA MANILA -- Investment approvals in the Board of Investments (BOI) is nearing the trillion-peso mark as it registered a total of PHP907.2 billion worth of projects this year. BOI said...

Debt management in good hands

MANILA -- Senate Minority Leader Franklin Drilon expressed confidence in the capability of Finance Secretary Carlos Dominguez III and the rest of the economic team to ensure the sound and efficient management...

BCDA names New Clark City’s power distributor

By Kris Crismundo/PNA MANILA -- The Bases Conversion and Development Authority (BCDA) named the Meralco-Marubeni Consortium as winning bidder for the power distribution contract in New Clark City. BCDA said Friday that the Meralco-Marubeni...

PH growth still one of fastest in East Asia: World Bank

By Leslie Gatpolintan/PNA MANILA -- The World Bank (WB) expects the Philippines to remain one of the fastest-growing economies in the East Asia and the Pacific region, even after it slightly revised downward...

USD4.5-B ‘seaside city’ to be built in Cagayan: CEZA

By Kris Crismundo - PNA MANILA -- A seaside city project, amounting to USD4.5 billion, will soon be built in Santa Ana, Cagayan, the Cagayan Economic Zone Authority (CEZA) said. In a statement Thursday,...
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