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The Economy

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Ayala stocks dip after Serendra blast

 MANILA- Share prices of Ayala companies dipped during the first hours of trading following the blast in the Serendra residential project of the conglomerate...
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DOLE to unemployed: Thousands of jobs waiting

Well, the Department of Labor and Employment (DOLE) claims there are about 130,290 jobs you can pick from this month alone.Citing job search portal...
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Regulatory reforms needed to accelerate investments

Government’s consistency in stirring economic activities and in ensuring strong macroeconomic fundamentals has once again resulted to a strong GDP growth for the country,...
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Smart is sole PHL finalist at international LTE Awards

The country’s Long Term Evolution (LTE) pioneer Smart Communications, Inc. (Smart) was recently named a finalist at the prestigious LTE Awards, organized by international...
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BPI pushes for agribusiness development in Mindanao

The Bank of the Philippine Islands is betting heavily on agriculture this year and is increasing its involvement in the sector by launching a...
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Competition

PLDT has recently announced that it is investing in a fiber optic link that would increase communication carrying capacity considerably and more efficiently. Competition...
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Xstrata Glencore, Indophil discuss Tampakan joint venture restructure

Australian firm Indophil Resources NL is in talks with Glencore Xstrata plc for the possible restructuring of the joint venture at the Tampakan project,...
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MRDP completion set mid-2014

The Mindanao Rural Development Program (MRDP) urges contractors and implementing local government units (LGUs) to complete project construction by June 2014.MRDP is a five-year...
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No tax for tourism-related businesses

Why give tax perks to businesses that are cashing in on the tourism windfall?This was the point of Finance Secretary Cesar Purisima in a...
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San Miguel to invest $1.5-B in power plants

Summary of the SMC Global Power financial performance in 2012:Revenues reached P74.7 billion, a 4% increase. Its Sual, Ilijan, and San Roque plants generated a total...

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