Business

8990 Holdings sets P3-B capex for 2018

MANILA -- Listed mass housing developer 8990 Holdings Inc. is earmarking PHP3 billion in capital expenditures (capex) for 2018, higher than this year’s PHP2 billion, to launch more residential projects. Incoming president and...

PH urged to boost agricultural productivity for inclusive growth

MANILA -- The country needs to undertake policies to accelerate productivity growth in the long run across all sectors especially in agriculture, which remains a key sector for inclusive growth and poverty...

MM retail prices down to 2.7% in October

MANILA -- Retail prices of goods in Metro Manila declined to 2.7 percent in October 2017 from 3.2 percent in the previous month, the Philippine Statistics Authority (PSA) reported. PSA data attributed...

PH urges nations to ensure industrialization brings inclusive growth

MANILA -- The Philippines is urging other countries to work together to ensure all sectors benefit from robust economic growth amid industrialization and technological advancements. Socioeconomic Planning Secretary Ernesto Pernia noted that...

Consumption to remain as PH’s major growth driver: HSBC economist

MANILA -- Consumption is seen to remain among the major growth drivers of the Philippine economy and counter the impact of negative developments overseas. In a research, HSBC economist Joseph Incalcaterra said...

8990 Holdings to launch P60-B projects next year

MANILA – Listed mass housing developer 8990 Holdings Inc. will introduce to the market next year five projects worth PHP60 billion, to boost its revenue target of PHP14 billion after posting...
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