Business

PLDT invests in ‘Jupiter’ across Pacific

MANILAĀ -- 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

MANILAĀ -- 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

MANILAĀ -- 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...

PH among top picks as emerging market stocks

MANILAĀ -- The local stock market is poised for a new bull run following its strong performance, as investors prefer emerging market (EM) stocks with the Philippines among the frontrunners. ā€œWith high volume...

Aquino calls on rural banks to expand support to small businesses

Senator Bam Aquino urged rural banks to expand their services to more small businesses, saying many local entrepreneurs still need access to reasonable loan packages that can help them grow their...
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