Business

BOI investment approvals up 19% in January-May

MANILA -- Investments approved by the Board of Investments (BOI) from January to May this year rose by 19 percent to PHP207 billion from PHP174 billion during the same period in 2017. In...

DM Wenceslao sets P3.1-B capex for projects

MANILA -- Integrated property developer D.M. Wenceslao and Associates Incorporated (DMWAI) is looking at spending PHP3.1 billion this year for the completion of its nine projects and developments within Aseana City in...

Manufacturing output up 19.8% in May

MANILA -- The manufacturing sector posted stronger growth in May, bouncing back from last year's decline, as it is being driven by the expansion of businesses amid rising consumer demand. The Philippine Statistics...

June inflation accelerates to 5.2%

MANILA -- Actual inflation rate in June exceeded the government’s outlook as it stood at 5.2 percent, a record-high in more than five years. Data released by the Philippine Statistics Authority (PSA) Thursday...

PLDT: DOLE order to regularize 7K employees to disrupt ops

MANILA -- The order of the Department of Labor and Employment (DOLE) for telecommunications firm PLDT Inc. to stop in engaging in subcontracting activities and regularize more than 7,000 employees will disrupt...

DOTr to inaugurate projects in ‘next few months’

CAPAS, Tarlac -- The government is set to open three new terminals in the next couple of months, according to Department of Transportation (DOTr) Secretary Arthur Tugade. Tugade said in a press conference...
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