Business

Phoenix Petroleum expands into bitumen business

MANILA -- Phoenix Petroleum Philippines Inc. is expanding its portfolio of petroleum products by entering into a joint venture deal with a Thailand-based company and a local firm to market and...

GSIS eyes USD800-M overseas investment in 2018

MANILA -- State pension fund Government Service Insurance System (GSIS) will invest some USD800 million overseas this year as it vies to be more aggressive in sustaining its actuarial life strong,...

Cebu Landmasters eyes P7-B reservation sales this year

MANILA -- Listed property developer Cebu Landmasters Inc. (CLI) targets to hit PHP7 billion in reservation sales this year, up 52 percent from PHP4.58 billion posted last year. CLI attributed its exceptional...

IT sector sees 5k more workers in Davao

DAVAO CITY -- The Information Technology (IT) sector here is anticipating 5,000 additional workers to the industry, which already has 45,000 population working in different Business Process Outsourcing (BPO) companies based in...

Finance officials clarify tax issues for ROHQ employees

MANILA - - Employees of regional operating headquarters (ROHQs) need not worry about the veto of the provision under the first tax reform package that allows them to continue enjoying the...

More beneficiaries from DTI mentorship programs eyed

MANILA -- The Department of Trade and Industry (DTI) aims to reach more Filipinos this year with its training programs to promote entrepreneurship. DTI Secretary Ramon Lopez said Monday the department will...
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