SEC issues warning vs Scentko investment scheme
MANILA- The
Securities and Exchange Commission (SEC) on Wednesday warned the public at
large against a perfume investment scheme, which promises a 400 percent return
under a...
AboitizPower posts P8.6-billion first half net income
Aboitiz Power Corporation (AboitizPower)
reported a net income of P8.6 billion for the first half of 2019, 5 percent
lower than the P9.1 billion recorded last...
‘PSEi to resume bull run in H2’
MANILA - Philippine shares are set to resume a bull
run in the second half of 2019, First Metro Investment Corp. (FMIC) and the
University of...
‘PH manufacturing index at 6-month high in July’
MANILA - The Philippine
manufacturing sector continued to recover in July to register best performance
in six months, results of the IHS Markit monthly survey showed.
The...
‘Economic growth likely at 5.8 percent in Q2’
MANILA – Economic growth likely accelerated in
the April to June period compared to the previous quarter, but still below the
government’s target, due to “far...
Bulacan airport to accommodate 100M-200M passengers a year — DOTr
MANILA - The proposed New Manila International Airport
(NMIA) in Bulakan, Bulacan is designed to accommodate up to 200 million
passengers per year, the Department of...
DOF to focus on enacting higher ‘sin’ taxes to fund healthcare
MANILA - The contribution of the Philippine Charity
Sweepstakes Office (PCSO) to the funds for Universal Health Care (UHC) would be
minimal, accounting for only 1.2...
PCSO chief admits ‘something wrong’ with STL, cites revenue problem
MANILA - The general manager of the Philippine Charity
Sweepstakes Office (PCSO) on Wednesday admitted that there is “something wrong”
with the small town lottery (STL)...
‘Influx of Chinese tourists a security threat’
MANILA - While recognizing the value of tourism to the
economy, National Security Adviser Hermogenes Esperon on Wednesday said the
pronounced influx of Chinese nationals into...
BSP eyes July inflation rate between 2.0 to 2.8%
MANILA - Lower prices of rice and cooking gas are seen
to cause the country’s inflation rate to sustain its decline in July 2019, with
government...