DA to hasten release of loans to farmers

DAVAO CITY—The Department of Agriculture (DA) is creating teams that would help process loan applications and speed up the release of loans to farmers...

Bulacan food maker inks supply deal with Mindanao tribes

TRIBAL communities in Soccsksargen planting ube and camote have forged a marketing agreement with a Bulacan-based organic food manufacturer that would allow them to earn...

Govt gives Soccsksargen farmers P168-million agri equipment

MORE than 500 farmers from Soccsksargen received farm machines and postharvest facilities worth P168 million from the Department of Agriculture (DA) as part of the...

Over 100 arrested in immigration raid at Ohio meatpacking plant

TOLEDO, Ohio—More than 100 workers were arrested at an Ohio meat packing plant by federal agents following a yearlong immigration investigation, the second large...

PSE index sinks lowest since January 2017

SHARE prices fell to their lowest level in about 17 months on Thursday following the increase of the country’s interest rate by the Bangko Sentral ng...

Eagle Cement to spend P4.5-B capex this year

EAGLE Cement Corp. said it plans to spend P4.5 billion in capital expenditures (capex) this year, mainly for its facilities in Luzon, as the...

PAL to impose surcharge on domestic flights to recoup losses from...

LEGACY carrier Philippine Airlines (PAL) seeks to impose a few hundred pesos of fuel surcharge on its domestic flights to help recoup its losses...

IRC changes name; pivots as an infra, mass-transport firm

IRC Properties Inc., previously a real-estate company, is pivoting into infrastructure and mass transport, after the company was able to bag original proponent status...

FLI launches Xavierville, QC project for students

PROPERTY developer Filinvest Land Inc. (FLI) on Thursday inaugurated its project called Studio A condominium development in Xavierville Avenue, Quezon City, targeted at students studying...

AirTrav to spend $6M to expand seaplane service in Manila’s docks

By Wynzyleen L. Lee / Special to the BusinessMirror PRIVATELY owned commercial aviation company AirTrav Corp. is spending $6 million (P320 million) to further expand its...

GSIS tells members to settle past-due loans by Sept, touts Enhanced...

THE Government Service Insurance System (GSIS) has urged its members to settle past-due loans by September, to avoid further incurring penalties and charges, and...

Association marketing trends

FOUR years ago, the American Society of Association Executives’s Marketing Section Council made a report on trends affecting association marketers, which I wish to...

BSP warns vs CSF ‘racketeers’

THE Bangko Sentral ng Pilipinas (BSP) issued a public advisory on Wednesday, reminding unwary citizens not to deal with companies and persons soliciting money in...

Top PHL fund manager says stock-market rout not over

THE Philippine Central Bank needs to do more to help the stock market recover from a slump that has made it Asia’s worst performer...

Bids in BSP’s TDF fall anew

BIDS in the Bangko Sentral ng Pilipinas’ (BSP) medium- and long-term deposit facility (TDF) fell anew on Wednesday, but the Central Bank decided to keep...

SEC approves 25-billion shelf registration of Nlex

THE Securities and Exchange Commission (SEC) has approved the P25-billion shelf registration of the fixed rate bond of Nlex Corp. The company said it would ...

IRC-led consortium secures original proponent status on $3.7-billion Makati Subway

LISTED firm IRC Properties Inc. on Wednesday said the company and its international consortium partners were granted an original proponent status for its proposed $3.7-billion Makati...

Group backs call to shut down Masinloc coal-fired power plant in...

THE Pambansang Lakas ng Kilusang Mamamalakaya (Pamalakaya) on Wednesday expressed its support behind the call of fishermen in Masinloc, Zambales, to stop the operation of...

Ayala Land Premier sells out 1st Davao development

AYALA Land Premier, the luxury brand of the country’s second-largest property developer, said it sold out its first development in Davao, pushing the company...

NWRB slaps Pepsi Cola with P11.8-million fine for illegal deep wells

THE National Water Resources Board (NWRB), an attached agency of the Department of Environment and Natural Resources (DENR), has fined Pepsi Cola  Products Philippines...