Business

PH wine market ‘ready’ for more French players

MANILA -- The French embassy in Manila believes the Philippine wine market is "ready" for more French players. “While the Philippine market is relatively small compared to its other Asian neighbors, with the...

TDF rates sustain rise

MANILA -- Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facilities (TDFs) rose across-the-board Wednesday while bid coverage ratio fell due to undersubscription in two of the three tenors. Data released...

MERALCO rates go up in November

MANILA -- Customers of Manila Electric Company (Meralco) may find that their electricity bills a little higher this month due to an increase in generation charges last month. Meralco announced on Wednesday that...

Oil prices to stay below USD80 per barrel till yearend: Cusi

MANILA -- World crude prices have been on a downward trend in recent weeks, fueling expectations that prices would not breach the USD80 per barrel in the remaining months of the year,...

ALI nets P20.8-B in Jan.-Sept.

MANILA -- Ayala Land Inc. (ALI) booked a 17-percent increase in net income during the first nine months of the year, driven mainly by its residential and commercial leasing businesses. ALI reported to...

PH to hold another bidding for rice imports

MANILA -- The government will conduct another bidding for the procurement of the 500,000 metric tons (MT) of rice on Nov. 20, to augment the country's buffer stock and bring prices further...
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