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CREATE MORE to support business expansion - PCCI
The country's largest business organization expects the approval of the CREATE MORE Act to enable businesses to expand and position the Philippines as a globally competitive investment destination.
FPI backs DTI probe on cement safeguard measure
The Federation of Philippine Industries (FPI) has expressed support for the move of the Department of Trade and Industry (DTI) to investigate the imposition of safeguard measures on cement imports, with the step seen to promote a level playing field.
PetroEnergy profit down 20% to P692 M
The earnings of Yuchengco-led PetroEnergy Resources Corp. (PERC) plunged by double digits from January to September due to higher costs incurred following aggressive portfolio buildup.
ABS-CBN trims losses on cost cutting
ABS-CBN Corp. slashed its net loss by a fifth by slashing costs in content production and internet delivery.
AGI nets P13 B from Jan to Sept
Alliance Global Group Inc. (AGI) of tycoon Andrew Tan posted flat earnings in the nine months ending September, while revenues expanded on the back of resilient performance across its diverse business segments.
Uy-led Chelsea close to recovery, but Dito sinks deeper into red
Dennis Uy's logistics venture is close to erasing its net loss on the back of shipping recovery, but his telco is struggling to come out alive from its debt pile.
Megawide profit surges by 69% in 9 months
Earnings of Megawide Construction Corp. surged by more than half in the nine months ending September on the back of higher revenues coupled with lower costs.
Just a matter of time
Even with the impending increase in passenger service charges next year at the Ninoy Aquino International Airport (NAIA), Philippine rates are still going to be lower compared to other international gateways.
Del Monte beefing up presence in India
Del Monte Pacific Ltd. (DMPL), a Singapore and Philippine-listed company, is beefing up its operations in India after getting a direct stake in consumer food products company Agro Tech Foods Ltd. (ATFL).
The connected mindset
Here are some corny daddy jokes about connection: Who was the best-connected president? Abraham LinkedIn! What do you call a Chinese cow that's connected to a computer network? \"Moolan.\"
SM Prime to consolidate all residential projects
SM Prime Holdings Inc. is set to consolidate all residential projects under the SM Residences brand as part of a strategic reformat and expansion of its portfolio to optimize revenue mix across key business units.
Bargain hunting helps market snap losing streak
The stock market roared back into life, snapping its seven-day losing streak as investors capitalized on bargains.
Auto sales zoom by 5% in October
The country's vehicle sales sustained an upward trend, accelerating by 4.9 percent in October from the previous year, with automotive firms having sufficient inventory to meet consumer demand.
Central Hub may launch Phl's Ist industrial REIT IPO in 2025
A joint venture between two industry powerhouses, Double Dragon Corp. and Jollibee Foods Corp., is planning to proceed with the Philippines' first industrial real estate investment trust (REIT) initial public offering (IPO) next year.
Pinoys abroad sent $3.34 B in September
Remittances from overseas Filipino workers (OFWs) continued to climb in September, increasing by 3.3 percent amid the anticipated seasonal holiday surge and currency gains from favorable exchange rates.
'Inflation to remain low until 2026'
Private sector economists expect inflation to remain stable over the next three years, with the rate expected to stay within the two to four percent target range of the Bangko Sentral ng Pilipinas (BSP) until 2026.
Sofia Frank's courage
THE GAME OF MY LIFE
Pauline finishes strong
Pauline del Rosario rallied with birdies on the last two holes to close with a 69 and earn a share of eighth place at the Party Golfers Ladies Open as Ling-Jie Chen won the tournament for the second straight year at Hsinchu County's Lily Golf and Country Club.
Creamline kicks off All-Filipino campaign
Creamline launches its campaign for a historic 11th PVL championship as it clashes with a familiar foe in dangerous Petro Gazz today in the All-Filipino Conference at the Ynares Center in mountaintop Antipolo.
Huskers in finals
Replicating his Game 2 heroics, LJ Gonzales tallied Quezon's last 13 points as the Huskers tripped Batangas, 65-60, in Game 3 Thursday and clinched the MPBL Sixth Season South Division championship at the packed Quezon Convention Center in Lucena City.
Pirates survive rough seas, nail semis berth
Lyceum of the Philippines U gunner Ato Barba took extra shots in their practice that ended late Thursday in preparation to what he believed would make or break their Final Four bid.
Scramble for Final Four slots continues
The heated race to the UAAP Final Four continues as Santo Tomas meets Adamson while Far Eastern U, with no control of its own fate, tries to stay alive when it faces University of the Philippines at the Filoil EcoOil Centre in San Juan.
Bolts eye EASL crown
PBA Meralco governor Atty. Bill Pamintuan said yesterday with two wins in the bag and three more regular season games left, the Bolts are on track to crash the EASL Final Four.
SCOTTIE THE EQUALIZER
Gilas Pilipinas coach Tim Cone is thrilled to have a full-bodied backcourt again after dealing with Scottie Thompson's absence in their last international sortie.
Jennifer Hudson, Kylie Minogue to join Macy's Thanksgiving Parade
NEW YORK (AP) - The giant balloons may be flying at Macy's Thanksgiving Day Parade, but the stars will be on the street.
Brazil probes Supreme Court bomb blasts as 'terrorist act'
A failed bomb attack on Brazil's Supreme Court is being probed as a \"terrorist act\" with possible links to an insurrection last year against President Luiz Inacio Lula da Silva, the country's police chief said Thursday.
Magnitude 6.6 quake strikes off Papua New Guinea
A magnitude 6.6 earthquake rattled Papua New Guinea on Friday, the United States Geological Survey said, striking off the country's eastern coast.
Israeli strike hits south Beirut after evacuation call
BEIRUT (AFP) - An air strike hit the Lebanese capital's southern suburbs on Friday, sending plumes of gray smoke into the sky after the Israeli military called for people to evacuate, AFPTV images showed.
Nicaragua expels lead bishop in Catholic Church crackdown
Nicaragua has expelled Bishop Carlos Herrera, the head of the country's episcopal conference, a lawyer tied to the Catholic Church told Reuters on Thursday, amid an extended state crackdown targeting the Church.
Sri Lankan president's coalition wins majority in snap polls
Sri Lankan President Anura Kumara Dissanayake's leftist coalition won a thumping victory in a snap general election, gaining power to push through his plans to fight poverty in the island nation recovering from a financial meltdown.