Business

Tribunal favors Maynilad vs. gov’t over P3.4-B compensation claim

MANILA, July 25 -- The three-man arbitral tribunal has ordered the Philippine government to pay PHP3.42 billion to Maynilad Water Services, Inc., the water unit of Metro Pacific Investment Corp. (MPIC),...

MBC lauds PRRD’s emphasis on tax reform, education

MANILA, July 25 -- The Makati Business Club (MBC) welcomed President Rodrigo Duterte’s emphasis on tax reform program and education as well as other initiatives that will back the country’s strong...

Land Bank begins HARVEST for Mindanao

MANILA, July 23 -- Finance Secretary Carlos Dominguez III announced that the Land Bank of the Philippines has begun implementing a Japan-funded USD 40 million (PHP1.76 billion) project that aims to...

Investors, tourists concerned about terrorism, not martial law: Lopez

MANILA, July 22 -- Trade Secretary Ramon Lopez on Saturday allayed fears that all investors are hesitant to invest in Marawi City and Mindanao solely because of martial law and its...

Cebu Pacific provides airlift support to wounded soldiers, cops in Marawi

MANILA, July 21 -- Cebu Pacific Air will be providing airlift support to military and police personnel wounded in action (WIA) in Marawi City. On top of the free airlift on Cebu...

Nomura sees higher PH GDP growth

MANILA, July 21 -- A stock brokerage venture between BDO Unibank and Japanese investment banking giant Nomura sees a higher Philippine economic growth forecast of 6.7 percent this year and 6.8...
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