Business

Vista Land nets P8.3-B in 9 months

MANILA -- Vista Land & Lifescapes Inc. expects to sustain its growth momentum in the fourth quarter and achieve 15 to 17-percent earnings increase this year on the back of positive economic...

DOF eyes 6.5% GDP growth in Q3

MANILA -- The Department of Finance (DOF) is projecting "at least 6.5 percent" growth for the Philippine economy in the third quarter this year, higher than the upwardly revised 6.2 percent in...

BOI foreign investment approvals up 156% in Jan.-Oct.

MANILA -- The Board of Investment (BOI) approved PHP39.3 billion worth of projects from foreign sources in the first 10 months of the year. BOI reported Wednesday that foreign investment pledges from January...

Peso back at 52-to-USD level, PSEi down ahead of GDP report

MANILA -- The continued anticipation of another increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend lifted the peso back to the 52-to-the-greenback level Wednesday, but the Philippine Stock...

Mislatel consortium selected as provisional 3rd telco player

MANILA -- The joint venture between Davao City-based holding company Udenna Corporation and China Telecommunications Corporation (China Telecom) has been selected on Wednesday as the provisional new major telecommunications player in the...

AboitizPower nets P16.7-B in Jan.-Sept.

MANILA -- AboitizPower posted a net income of PHP16.7 billion in the January to September period this year, constituting a 6-percent growth from the PHP15.7 billion in the same period in 2017. The...
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