Business

Auto loans to grow due to TRAIN, says BPI exec

MANILA -- An official of Ayala-led BPI Family Savings Bank is optimistic about the sustained expansion of their car loans this 2018 following the implementation of the Tax Reform for Acceleration and...

BCDA to award P3.5-B SCTEX-New Clark City access road

MANILA -- The Bases Conversion and Development Authority (BCDA) is set to award the PHP3.5-billion access road to New Clark City from the Subic-Clark-Tarlac Expressway (SCTEX). In an interview Monday, BCDA Business Development...

Local thrift banks embrace innovations

MANILA -- Officials of the Chamber of Thrift Banks (CTB) are open to innovations on financial technology, citing the advantages towards further servicing their niche market. In a statement, CTB President Gregorio B....

Grab, Uber urged to be transparent about merger

MANILA -- The Philippine Competition Commission (PCC) said Monday that it is closely looking into the acquisition deal between Grab and Uber, adding that the antitrust body will ensure that the transaction...

PCSO to enhance strategies for higher revenues

MANILA -- The Philippine Charity Sweepstakes Office (PCSO), through its gaming sector, will not be introducing a new game this year but will revitalize and enhance instead its existing games to...

Bargain hunting lifts PSEi; peso steps back vs. USD

MANILA -- Risk-on sentiment returned to the Philippines’ equities market Tuesday, enabling the main index to end its two-day slide while the peso weakened to a US dollar still on trade war...
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