Business

IKEA to announce opening date this year

MANILA -- Swedish furniture company IKEA was planning to announce targeted opening date in the Philippines within the year, IKEA Sustainability and Communication Director Lars Svensson said Wednesday. In an interview on the...

DTI focuses program on Lumads this year

MANILA -- The Department of Trade and Industry (DTI) will be focusing its Strike Team Program for Indigenous Peoples (IPs) on lumads this year, Undersecretary for Regional Operations Group Zenaida Maglaya...

Gov’t tax-take from sugar-sweetened beverages to hit P52-B this ’18

MANILA - - Expected revenues from excise tax on sugar-sweetened beverages is seen to contribute some PHP52.03 billion to government coffers this 2018. Department of Finance (DOF) data showed that based on...

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...
spot_img

Popular