Peso sinks, as PH stocks leap back to 7,700 level
MANILA – The Philippine peso tumbled back to the 52-to-the-greenback level on Friday but the main stocks gauge charged past the 7,700 level following...
PhilHealth-6 pays P2B in first quarter of 2018
ILOILO City – True to its mandate of providing financial risk protection to its members, PhilHealth Regional Office VI has paid more than P2...
BIR, BOC to lead task force against cigarette smuggling
MANILA – The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) is creating a task force focusing mainly on cracking down...
PCCI, Makati Business Club raise concerns about Sereno’s ouster
MANILA – The country’s largest business groups expressed on Friday their concerns about the ouster of Chief Justice Maria Lourdes Sereno by the Supreme...
DoubleDragon’s mega-project rides on mainland Chinese demand
MANILA – DoubleDragon recently inaugurated one of its biggest developments, with Chinese-run online gaming companies accounting for 60 percent of its occupants, a company...
Tax reform fueling PH growth – Finance dep’t
MANILA – The Department of Finance (DOF) said the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law provides ample fiscal...
Landbank posts 52% increase in Q1 net income
MANILA – The Land Bank of the Philippines reported a net income of P4.26 billion for the first quarter of 2018, 52 percent higher...
Biz club monitoring impact of Sereno ouster on economy
MANILA – The Makati Business Club said Friday it would monitor whether the Supreme Court's decision to oust Chief Justice Maria Lourdes Sereno would...
AboitizPower ends Q1 2018 with P4-B profit
Aboitiz Power Corporation (“AboitizPower” or the “Company”) recorded for the first quarter of 2018 a 9 percent year-on-year (YoY) decrease in its consolidated net...
Suzuki broadens Eastern Luzon reach with Suzuki Auto Taytay
Pioneer compact car distributor Suzuki Philippines (SPH) continues to strengthen its foothold in the country with the inauguration of Suzuki Auto Taytay in Eastern...