MANILA -- Ayala Land Inc. (ALI) has earmarked a record PHP111 billion for capital expenditures (capex) in 2018 and is ready to launch PHP125 billion worth of projects, optimistic about the continued...
MANILA -- Amid more news of lay-offs by several companies in the Philippines in January 2018, Budget and Management Secretary Benjamin Diokno said the Duterte administration’s massive “Build, Build, Build” program is...
MANILA -- The Department of Budget and Management (DBM) is considering a re-study of the Performance-Based Bonus (PBB) program to ensure a more efficient disbursement of bonuses.
In a briefing Wednesday, DBM Secretary...
MANILA -- An actuarial study on the feasibility of a Government Service Insurance System (GSIS)-run pension system for the military, which will have three types, is expected to be completed before end-2018.
Budget...
MANILA -- The Bangko Sentral ng Pilipinas (BSP) hiked the offering for its seven-day and 14-day Term Deposit Facilities (TDFs) for the auction on Feb. 21, 2017 following the strong appetite this...
MANILA -- The country’s electronics sector posted a record export revenue of over USD32 billion in 2017, regaining its strength after the market slowed down in the past six years.
Semiconductor and...