Business

The Development Bank of the Philippines (DBP) recently granted a P352-million loan to Birdsteel Farm, one of the top contract growers in the country, for its farm-expansion project.

By Riza Lozada The Association of Filipino Franchisers, Inc. (AFFI) is urging legislators to craft a law regulating rental rates in mall spaces.

Budget carrier Cebu Pacific Air (CEB) recently took delivery of the very first ATR 72-600 high-capacity aircraft at an event in Toulouse, France.

Conglomerate San Miguel Corp. (SMC) plans to put up a power plant and feed mills in Sulu before the year ends, Agriculture Secretary Manny Piñol said on Friday.

The first local telecommunications company to adopt the TV white space frequency for broadband use, Globe Telecom has successfully completed a TV white space trial for wireless backhaul.

The Department of Energy (DoE) will require gasoline stations with underground storage tanks to be located a safe distance away from residences.

By Riza Lozada Petitions for adjustments in power rates with the Energy Regulatory Commission (ERC) and proposals to raise excise taxes on petroleum products, along with a new round of transport-fare increases, threaten to raise inflation, which may trigger higher bank rates, the Bangko Sentral ng Pilipinas (BSP) said.

The Trust and Investments Group of BDO Unibank became the first institution in the country to be accredited as Personal Equity and Retirement Account (PERA) administrator after hurdling stringent qualification requirements of the Bangko Sentral ng Pilipinas (BSP) and the Bureau of Internal Revenue (BIR).

Conglomerate San Miguel Corp. (SMC) has alloted a total of P3.43 billion this year out of the sale of its shares to finance its investments on infrastructure.

Committed investments in seven major investment promotion agencies (IPAs) has reached P227.4 billion in the first half, a 48.8-percent increase from a year ago, the Philippine Statistics Authority (PSA) reported.