Business

P445-M new Clarin Bridge Project in Bohol breaks ground

MANILA -- Department of Public Works and Highways (DPWH) Secretary Mark Villar with Cabinet Secretary Leoncio Evasco Jr. and Congressman Arthur Yap headed on Friday the ceremonial groundbreaking of the PHP445.77-million new...

PH, Japan ink USD935-M loan deal for Metro Manila subway project

MANILA -- The government of Philippines and Japan signed Friday a loan agreement for the construction of the Metro Manila Subway Project (MMSP), the biggest project under the government’s “Build, Build,...

Peso remains strong vs. USD; PSEi slides anew

MANILA -- Political concerns in the US continue to worry investors resulting in the risk-off sentiment even in the Philippine equities market Thursday but the Philippine peso remained strong against the greenback. The...

Firm’s IPO to expand footprints in residential, com’l property marts

MANILA -- Construction and real estate developer D.M. Wenceslao & Associates Inc. (DMWAI) plans to expand its footprint in residential and commercial property markets, riding on construction opportunities as the government undertakes...

Car sales down in February

MANILA -- Sales of vehicles in the country reached 26,176 units year-on-year in February 2018, down by 3.2 percent from 27,040 units year-on-year in February 2017, Chamber of Automotive Manufacturers in the...

China eyes to set up industrial park in PH within 2018-2019

MANILA -- China eyes to establish its first industrial park in the country within the year or next year, Chinese Ambassador to the Philippines Zhao Jianhua said Thursday. On the sidelines of China...
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