Business

PLDT to increase 2019 capex

By Aerol John Pateña - PNA News  MANILA -- Local telecommunications giant PLDT Inc. is set to increase its capital expenditures next year for the deployment of its wireless services and rollout of...

Oil firms to cut pump prices for at least P2/liter Tuesday

By Kris Crismundo - PNA News MANILA -- Oil companies are set to implement a fresh price roll back of at least PHP2 per liter this week. In separate messages, oil companies announced to...

D&L Industries building P8-B expansion facility in Batangas

By Leslie Gatpolintan - PNA News MANILA -- Chemical and food ingredient manufacturer D&L Industries Inc. has started the construction of its PHP8-billion expansion facility in Tanauan, Batangas, a project that will generate...

DOF economist eyes November inflation at 6.3%

By Joann Villanueva/PNA MANILA -- A Department of Finance (DOF) official forecasts November 2018 inflation to decelerate to 6.3 percent from hitting its multi-year high of 6.7 percent last September and October. Finance...

Cathay Land invests P1-B in Calabarzon condo projects

By Kris Crismundo/PNA MANILA -- Cathay Land is building two condominium projects in its largest township project in south of Metro Manila worth PHP1 billion. Cathay Land president Jeffrey Ng said the company...

Petron cuts LPG prices anew

By Kris Crismundo/PNA MANILA -- Another big time rollback on prices of liquefied petroleum gas (LPG) will welcome consumers in December. On Friday, Petron Corp. announced that it will cut the prices of...
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