Business

Construction of Makati-Taguig skytrain may begin Q4 2019

By Leslie Gatpolintan/PNA MANILA -- Infracorp Development Inc., the infrastructure subsidiary of tycoon Andrew Tan’s Alliance Global Group Inc (AGI), targets to begin construction of its proposed Makati-Taguig skytrain monorail by fourth...

Firm seeks ERC help over power distribution in Iloilo City

By Perla Lena/PNA ILOILO CITY – Power generator Global Business Power (GBP) Corporation has sought guidance from the Energy Regulatory Commission (ERC) as its president admitted that it is caught between two...

MICC to audit mining firms anew: DOF

By DOF PR/PNA MANILA -- The interagency Mining Industry Coordinating Council (MICC) has agreed to conduct the second round of “objective, science-based, and fact-finding” review of mining operations in 2019 to cover the...

Singapore agency to firm up food export deal with PH

By Lilybeth Ison/PNA MANILA -- Singapore wants to import chicken, other poultry products and vegetables from the Philippines. Agriculture Secretary Emmanuel Piñol announced this in a chance interview with media on the sidelines...

Remittances up 2.9% to USD26.5-B at end-October

By BSP PR/PNA MANILA – Personal remittances from overseas Filipinos (OFs) for the first 10 months of the year reached USD26.5 billion, equivalent to a 2.9 percent year-on-year growth. For October alone, personal remittances...

Local markets start trading week in negative territory

By Kris Crismundo/PNA MANILA -- Both the local currency and stock market started the trading week in negative territory amid mixed economic data overseas. The Philippine peso shed PHP0.10 against the US dollar...
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