Gov’t told to pay Maynilad for losses
By Victor V. Saulon
Sub-Editor
AN ARBITRAL TRIBUNAL has ordered the Philippine government to reimburse Maynilad Water Services, Inc. at least P3.4 billion for losses incurred...
Start-ups find Asia ‘a great place to grow’ in
By Krista A. M. Montealegre
National Correspondent
YOUNG ENTREPRENEURS are pushing the boundaries of innovation and bringing down cultural barriers to feed a vibrant start-up scene...
Philippines buys 250,000 tons of rice to boost stockpiles
THE NATIONAL FOOD AUTHORITY (NFA) purchased 250,000 metric tons (MT) of rice in a tender yesterday from suppliers in Vietnam, Thailand and Singapore, as...
SONA pushes select bills, warns miners
By Ian Nicolas P. Cigaral
Reporter
PRESIDENT Rodrigo R. Duterte yesterday asked courts not to block development projects and pressed the Senate to approve the first...
IMF to check PHL economic health as it raises SE Asia growth outlook
By Maria Eloisa I. Calderon
Editor-at-Large
KUALA LUMPUR -- A team from the International Monetary Fund (IMF) is visiting the Philippines this week for an annual...
Fiscal gap pierces cap as spending sustains rise
By Elijah Joseph C. Tubayan
Reporter
THE COUNTRY’s fiscal deficit widened to breach its programmed ceiling in June and last semester, as state spending sustained its...
Business watches SONA for reform tack
By Ian Nicolas P. Cigaral
Reporter
THE COUNTRY’s business community will be glued to President Rodrigo R. Duterte’s second State of the Nation Address (SONA) today...
Chelsea Logistics kicks off IPO on strong note
By Krista Angela M. Montealegre
National Correspondent
CHELSEA LOGISTICS Corp. (CLC) kicks off the offer period for its P5.8-billion initial public offering (IPO) today with strong...
Economists’ inflation views ease
BANK ECONOMISTS tempered their inflation forecasts for the year in the face of lower oil and utility prices, according to results of a recent...
BSP looking into Metrobank ‘internal fraud’
By Melissa Luz T. Lopez, Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) is currently looking into internal lapses that led to a reported P900-million...
Inflation expected to moderate in 2nd half — BSP
INFLATION may have already peaked this year, with the rate of price increases expected to soften in the coming months on the back of...
Tax reform, infrastructure spending seen to boost PHL stocks
By Krista Angela M. Montealegre, National Correspondent
LOCAL equities could enjoy an upward re-rating should the government successfully implement its tax reform and accelerated infrastructure...