Business

Tobacco company eyes partnership with Ilocos farmers

LAOAG CITY — Amidst the implementation of the Sin Tax Reform Law, a multi-national tobacco company is ready to expand its market and partner with Ilocos farmers for more tobacco produce. Edwin Cariño,...

SBMA plans to expand into nearby areas for major dev’t projects

SUBIC BAY FREEPORT -- The Subic Bay Metropolitan Authority (SBMA) is planning to expand into surrounding communities to accommodate major development projects. SBMA chairman and administrator Wilma Eisma said Wednesday the agency is...

LTFRB fines Grab P10-M over P2-per minute extra charge

MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) has ordered ride-sharing firm Grab Philippines to pay PHP10 million as penalties for imposing the PHP2-per-minute travel charge to its riders. The LTFRB...

LBC Express to open 80 branches this year

MANILA -- Logistics company LBC Express Holdings Inc. targets to spend up to PHP100 million this year for 80 to 100 more branches across the country, as it further expands its footprint. LBC...

Peso gains slightly; local stocks end flat

MANILA — The Philippine peso opened the week stronger against the greenback, while local shares ended little changed on Monday. The local currency finished the day at 53.4 from Friday’s finish of 53.42,...

Competitive exchange rate beneficial to PH: Pernia

MANILA -- Filipinos should not worry about the peso’s depreciation against the US currency as the competitive exchange rate is actually beneficial to the Philippines, Socioeconomic Planning Secretary Ernesto Pernia said in...
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