Business

PH gov’t posts 13% rise in revenues in ‘17

MANILA -- The Duterte administration registered an 11 percent improvement on expenditures in 2017 but budget deficit fell 1 percent on account of the 13 percent year-on-year rise in revenues. The government...

Cebu Landmasters to launch 2 residential projects in Visayas

MANILA -- Listed property firm Cebu Landmasters Inc. (CLI) is further expanding its footprint in Visayas by launching this week two residential projects that will offer a combined 1,615 units. CLI’s 1,072-unit residential...

Investment approvals up 32.9% to P911-B pledges in 2017

MANILA -- The country’s seven major investment promotion agencies (IPAs) have approved a total of PHP911.3 billion worth of investment pledges in 2017, increasing by 32.9 percent from PHP685.95 billion worth of...

P1.6-B infra projects up for implementation in Zambo

ZAMBOANGA CITY -- A total of 102 infrastructure projects involving road construction and improvement worth PHP1.6 billion are up for implementation in this city this year. This was announced by Department of...

DBP eyes at least 80% of loan portfolio for infra projects

MANILA -- State-owned Development Bank of the Philippines (DBP) is willing to finance big-ticket infrastructure projects under the Duterte administration’s Build, Build, Build program. In a briefing Monday, DBP president and CEO...

Investment approvals up 32.9% to P911-B pledges in 2017

MANILA -- The country’s seven major investment promotion agencies (IPAs) have approved a total of PHP911.3 billion worth of investment pledges in 2017, increasing by 32.9 percent from PHP685.95 billion worth...
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