Top News

Government research results in new charcoal technology

A technology for producing high quality charcoal was developed by the Forest Products Research and Development Institute (FPRDI). 

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Beko sponsors soccer fan’s FC Barcelona dream

Beko Philippines, a unit of one of the largest home appliance brands in Europe, recently treated the sole winner of “Kick your way to Barcelona: The Grand Kick-off Challenge” to an all-expense paid, tax-free trip to Barcelona, Spain to watch the live match of FC Barcelona in LaLiga. 

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AEV profit declined to P4.7 billion in Q1

Aboitiz Equity Ventures Inc. (AEV) ended the first quarter of 2017 with a P4.7-billion net income, representing a 7-percent fall from a year ago. 

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New era of banking seen with UnionBank’s EON

EON, an e-money account powered by UnionBank, makes every transaction easier by pioneering ‘Selfie Banking’ here in the Philippines through a top-of-the-line biometric authentication system. 

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Philippines growth to remain Asia’s fastest—WB

The Philippine econ­omy is expected to grow the fastest in the region, even bet­ter than China and next only to India, as the outlook for de­veloping East Asia is expected to remain broadly positive in the next three years, according to a new World Bank (WB) re­port.

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Lopez throws roadblocks to mine closures review

Environment Secretary Regina Lopez is blocking a plea of the Department of Finance (DoF)-led Mining Industry Coordinating Council (MICC) for the government to allocate P50 million to review the mine closures ordered by the Department of Environment and Nat­ural Resources (DENR).

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SC affirms ruling on PLDT nationality

The Supreme Court (SC) re­jected with finality a petition of intervention filed by lawyers questioning the Securities and Exchange Commission’s (SEC) implementation of the high court’s June 2011 ruling that ef­fectively stated the regulator has the jurisdiction in ruling on Phil­ippine Long Distance Telephone Co.’s (PLDT) compliance to the 40-percent limit to foreign own­ership.

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20,000 MW of power needed until 2040—Cusi

The country seeks to add at least 20,000 megawatts of renewable energy (RE) capacities by 2040 to sustain economic gains and continue efforts to elevate the quality of life in the country, Energy Secretary Alfonso Cusi said.

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Analysts: Philippines needs logistics reinvention

The Philippines has to “re­invent its logistics sector” to raise its visibility as a favored business destination in Asia, or increasingly lose out to neigh­boring countries, according to industry analysts.

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Cebu developer eyes P3.8B from public float

Cebu Landmasters Inc. (CLI), Metro Cebu’s leading local housing developer, has obtained the Securities and Exchange Commission’s (SEC) clearance for its P3.8-billion initial public offering to fund its expansion plans. CLI filed its application with an offer price of up to P6.56 per common share, consisting of 505 million shares, with an over-allotment option of another 75 million secondary shares …

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