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Thursday, January 24, 2019

Office market still bullish amid projected slowdown in take-up

FILIPINO real-estate services firm Pronove Tai International Property Consultants (PTIPC) sees a slowdown in the absorption of office space in Metro Manila this year...

Palawan hybrid-power facility set to start commercial operation in Q2

THE planned hybrid-power facility in Palawan, which combines a 1.4-megawatt peak solar photovoltaic (PV) plant with a 2.3-megawatt-per-hour battery storage system and 1.2-MW diesel...

Nayong Pilipino Foundation elects new executive director

CLARK FREEPORT—After sacking Nayong Pilipino Foundation (NPF) officials last year, President Duterte has appointed a new board of trustees for the foundation...

Moody’s keeps stable outlook for both BDO and Metrobank

MOODY’S Investor Service (Moody’s) has affirmed the “Baa2” local and foreign deposit rating for two leading banks in the Philippines: BDO Unibank...

Millers’ group cites risk of allowing entry of foreign ‘subsidized’ sugar

THE country may stand to lose substantial investments if the government allows the entry of “subsidized” sugar abroad, according to the Philippine...

PSALM settles P78.66-B obligation by end of 2018

THE Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed its financial liabilities by P78 billion last year. In 2018,...

Aboitiz debuts water business at 2019 IWA Conference

ABOITIZ InfraCapital Inc., the fifth leg and newest business venture of the Aboitiz Group, is optimistic on the opportunities the water space has...

ERC to resolve 640 PSA applications by mid-2020

THE Energy Regulatory Commission (ERC) is doubling efforts to resolve over 600 pending applications for power supply agreements (PSA).                ...

House committee okays, on 2nd reading, bill reducing ...

THE House Committee on Energy approved on Tuesday a consolidated bill that would reduce power costs in the country by at least 57...

CPG, Dennis Uy to develop Clarkfield, Pampanga property

ANTONIO-led Century Properties Group Inc. and Global Gateway Development Corp., a company led by Davao businessman Dennis Uy, will jointly develop a parcel of...

GCash, Qwickwire partner to facilitate real-estate payments

GLOBE Fintech Innovations Inc. (Mynt), the digital finance services arm of Globe Telecom Inc., has partnered with Qwikwire, a cross-boarder payments platform in Southeast Asia,...

Laguna Water signs JVA with Pagsanjan Water District

LAGUNA Water, a public-private partnership between the provincial government of Laguna and Manila Water Philippine Ventures, recently signed a joint venture agreement (JVA) with...

HMR brings in Portwest brand amid govt’s ‘BBB’ program

RETAIL chain HMR Trading Haus officially launched Portwest, a premium quality and highly durable workwear, in the Philippines at the height of massive infrastructure...

MWSS assures full compliance with SC mandamus on Manila Bay rehab

THE Metropolitan Waterworks and Sewerage System (MWSS) fully supports the plan to rehabilitate Manila Bay and is working to ensure full compliance with the...

Govt fully awards P20B in maiden T-bonds issue

THE Bureau of the Treasury (BTr) on Tuesday fully awarded P20 billion in its maiden issuance of 20-year Treasury bonds (T-bonds), as...

AFFI sets its sights on millennial, generation Z franchisees in 2019

THE Association of Filipino Franchisers Inc.(AFFI) aims to attract more aspiring Filipino entrepreneurs into its fold, especially the millennials and generation Z,...

Villar to NE graduates: Be your own boss

CABANATUAN CITY, Nueva Ecija—Sen. Cynthia A. Villar on Friday called on graduates to pursue an entrepreneurial career that would get them an...

World’s most valuable start-up takes a hit from China’s ad...

Bytedance Ltd., the world’s most valuable start-up, barely met its 2018 revenue target after a sharper-than-projected slowdown in Chinese advertising growth, people...

MRC Allied takes the green shift in power generation, waste disposal

IN these changing times, business leaders and entrepreneurs are rethinking their policies to remain relevant—and commercially viable, of course—in the constantly changing...

Firms need not wait to adopt new accounting standards–IC

The Insurance Commission has pointed out that insurance players are not being prevented from adopting the International Financial Reporting Standard (IFRS) 17 ahead of...
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