Business

PH slips to 113th place in Doing Business Report 2018

MANILA -- The Philippines has landed at 113th place out of 190 economies in the Doing Business Report 2018 of the World Bank. In this year’s Doing Business Report, the country’s distance to...

PH to present add’l projects for Korean funding

MANILA - - The Philippine government will propose additional projects for funding by Korean development assistance. “We are scheduled to have a meeting with them to strengthen the pipeline, making sure that...

PLDT invests in ‘Jupiter’ across Pacific

MANILA -- Telecommunications giant PLDT is investing nearly PHP7 billion in its new Trans-Pacific cable system which will reinforce the resiliency of its undersea fiber optic cables to the United States and...

Sin tax take reaches P17.7B in September

MANILA -- The Bureau of Internal Revenue (BIR) posted PHP17.7 billion sin tax collection in September 2017, up 12 percent from PHP16.67 billion a year ago. Department of Finance Undersecretary Antonette Tionko told...

MRC, mall developer discuss tie-up in solar panel installation

MANILA -- Listed firm MRC Allied Inc. is in talks with XRC Mall Developer Inc. (XRC) for a tie-up in the installation of solar panels in the latter's community malls. The discussions are...

Local bizmen urged to join PH, ASEAN infra projects

MANILA -- Local players in the construction industry are urged to participate in infrastructure projects in the country and in Southeast Asia. During the ASEAN+6 Construction Forum Wednesday, Department of Trade and...
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