Business

LGUs urged to invest in climate-smart agriculture

MANILA -- Local government units (LGUs) need to invest in the development of a climate-smart agriculture that fits the needs of the community in an effort to address the adverse effects of...

BSP chief likens economy to a race car; discounts over-heating

MANILA - -The  total picture of the economy , whether its overheating or not,  cannot be discerned  only through credit growth. This was stressed by Bangko Sentral ng Pilipinas (BSP) Governor Nestor ...

Real estate market ‘rosier’ in 2018

MANILA -- A real estate service provider sees a rosier property market in Metro Manila by 2018, saying outlook on office, retail, residential, and industrial sectors remains high as these continue...

Banks bid more on 7-day TDF

MANILA - - Banks on Wednesday submitted higher bids on the Bangko Sentral ng Pilipinas’ (BSP) seven-day Term Deposit Facility (TDF) but tenders remained muted for the 28-day facility. BSP data showed...

ADB hikes assistance to PHL infra investments in 2018-2020

The Asian Development Bank (ADB) has increased available funding for the Philippines’ infrastructure-related investments from 34 percent of actual lending approvals covering the 2011-2016 period to 48 percent over the next...

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...
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