Business

P50-B Chinese investments to generate 100,000 jobs in Bulacan

CITY OF MALOLOS, Bulacan — A group of Chinese traders from Hunan Province in China will invest around PHP50 billion for various infrastructure projects in this province which are expected to generate...

PH inks oil exploration deal with Israeli firm

MANILA — Energy Secretary Alfonso G. Cusi witnessed on Wednesday the ceremonial signing of the Petroleum Service Contract (PSC) for Area 4 (East Palawan Basin) of the Fifth Philippine Energy Contracting Round...

Protectionism could lead to price spike, cement importers say

MANILA – Cement importers warned that cement prices in Metro Manila could hit record-highs if the Department of Trade and Industry (DTI) backs the adoption of protectionist policies. In an interview, Cohaco Cement...

Zambo expo 2018 earns P25-M in sales

ZAMBOANGA CITY – The Department of Trade and Industry (DTI) on Tuesday hailed the 2018 Zamboanga Peninsula Exposition (ZAMPEX) as a big success as it recorded PHP25.4 million in sales, twice higher...

Gov’t adjusts GDP, inflation targets

MANILA – The Philippine government's economic managers on Tuesday announced the revision of some economic targets after factoring-in the impact of mostly external factors. In a briefing, Budget and Management Secretary Benjamin Diokno...

Local markets manage to eke gains Tuesday

MANILA – Both the Philippine Stock Exchange index (PSEi) and the peso finished Tuesday with gains even as investors contemplate how a souring of US-Saudi relations over the presumed murder of journalist...
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