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MANILA – Magnate Enrique Razon Jr. is buying a majority share of Dennis Uy’s Udenna Corp. in the Malampaya gas field, Razon’s infrastructure business Prime Infra Holdings Inc. said Thursday.... Read full article
MANILA – The government’s vaccination program against the coronavirus disease 2019 (Covid-19) is helping the economy amidst another surge of infections, an official of First Metro Investment Corporation (FMIC) said. ... Read full article
CEBU CITY – Overturning the anticipated effects of the coronavirus pandemic, Megaworld Corp. reported it has booked around 415,000 square meters of office leases since the start of the pandemic early last year... Read full article
MANILA – Supporting the government’s Public Utility Vehicle Modernization Program (PUVMP), Hyundai Asia Resources Inc. (HARI) and 30 local transport cooperative groups have signed a memorandum of understanding (MOU) for the rollout of more modern PUV... Read full article
MANILA – The main equities index finished the week’s first trading day higher on hopes for continued deceleration of US inflation rate but the peso weakened against the US dollar.... Read full article
MANILA – The Philippines’ current account (CA) is projected to post a higher deficit in the coming years but a ranking central bank official said there are structural inflows that would offset this... Read full article
MANILA – The Department of Finance (DOF) is now finetuning a proposed arrangement with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corp. (NPC) on the funding rollout and implementation of the estimated PH... Read full article
MANILA – The government’s decision to bring in the Sinovac vaccine from China as the first Covid-19 jab to be administered to priority sectors has “saved” the country when vaccine hesitancy was at its highest and supply was scarce.... Read full article
MANILA – The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills moved sideways as demand remains despite the higher offer volume this week.... Read full article
MANILA – The Bangko Sentral ng Pilipinas (BSP) sees the issuance of the implementing rules and regulations (IRR) on expanding the provision of internet service through satellite services as further promoting financial inclusion and digital finance in... Read full article
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