Aramco hopes to repair remaining damage from attacks by end-Nov
KHURAIS FIELD, Saudi Arabia – Oil major Saudi
Aramco hopes to fix by the end of November the last four key pieces of
equipment damaged during...
Cebu Pacific to open Clark-Guangzhou route
MANILA – Low-cost carrier Cebu Pacific (CEB)
will open direct flights between Clark and Guangzhou next month amid rising
demand for leisure and business travel.
“Guangzhou is a...
Panay railway project contractor nears approval
PHILTRACK, the leading contractor candidate for the Panay
Railway Revival Project, is one step closer towards their goal.
Panay Railways Inc. (PRI) director Cesar Capellan...
Diokno cites reasons for drop in foreign direct investments
MANILA - Aside from the impact of global trade developments, a wait-and-see
stance on the outcome of the proposed corporate income tax reform may be...
DA undecided on safeguard duties to protect farmers from rice tariffication
DESPITE the adverse impact to local
farmers on the removal of quantitative restrictions on rice importation, the
Department of Agriculture has not yet decided on whether...
Unrest in Ecuador curbs oil output
QUITO, Ecuador - More than a week of unrest over
anti-austerity measures in Ecuador has curbed output of 877,678 barrels of
crude in the OPEC (Organization...
Thailand, PH firms lead IPOs in Southeast Asia
SINGAPORE/BANGKOK - Thailand
and Philippine companies are leading a regional pick-up in initial public
offerings (IPOs), spurred by growing investor interest in firms focused on
Southeast Asian...
Main points of US-China partial trade deal
WASHINGTON - United
States (US) president Donald Trump on Friday announced a partial trade deal
with China after talks in Washington with Vice Premier Liu He.
Here...
Stocks, peso end week up
MANILA - Investors’ sentiment rose Friday on the
back of the ongoing United States (US)-China trade meeting, lifting both the
Philippine Stock Exchange index (PSEi) and...
World Bank cuts PH 2019 growth, sees recovery in next two years
MANILA - The World Bank (WB) has revised its Philippine economic growth
forecast for 2019 amid the sharp deceleration in investment growth and the
impact of...