Business

French, German firms eye projects in New Clark City

MANILA -- European companies are keen on operating their business activities in New Clark City, the country’s next metropolis located in Central Luzon, Bases Conversion and Development Authority (BCDA) President and Chief...

DBP launches new scholarship program, Lake Manguao reforestation

MANILA - - Some 360 students from 14 higher education institutions who are taking courses that support the government’s “Build, Build, Build” program are among the beneficiaries of the estate-owned Development Bank...

Grab enforces P2 per minute charge

MANILA -- Ridesharing firm Grab Philippines will enforce a PHP2- per minute charge on travel time from place of origin to destination starting Friday. This is in compliance with the directive of the...

BSP end-July net income up nearly fourfold

MANILA -- Gains from foreign exchange rate fluctuations and higher interest income boosted the Bangko Sentral ng Pilipinas’ (BSP) net income in the first seven months of 2018, rising nearly four times...

LRT-1 ridership reaches 14-M in August

MANILA -- Over 14 million people rode the Light Rail Transit Line 1 (LRT-1) last August, its highest ridership in a single month to date, according to its operator Light Rail Manila...

TRABAHO bill not seen to hit gov’t revenues hard

MANILA -- Philippine government revenues are not expected to take a serious blow from the proposed cut in corporate income tax (CIT) rates. Fitch Solutions, an affiliate of Fitch Ratings Inc., in a...
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