PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter PRIVATE SECTOR economists’ inflation expectations have declined slightly, as they now expect average inflation to settle at the upper end of the Bangko Sentral ng Pilipinas’ […]
BSP seen to keep rates unchanged at Dec. meeting
Bangko Sentral ng Pilipinas main office — BW FILE PHOTO By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) may continue to keep borrowing costs at a 16-year high of 6.5% at its last policy […]
Philippines-China trade still flourishing despite heightened tensions
A file photo of Chinatown in Manila, Philippines. — PHILIPPINE STAR/WALTER BOLLOZOS By Kyle Aristophere T. Atienza, Reporter JOHN PHILIP F. JAVIER, a 28-year-old entrepreneur in Manila, bought a P60,000 ($1,075) engraving machine from China this year as he tries to improve his wood design so his company, Sunshine and […]
BusinessWorld forum to focus on economic outlook, business opportunities
(FROM LEFT TO RIGHT) Ragnar Gudmundsson, resident representative to the Philippines at the International Monetary Fund; Ndiamé Diop, country director for Brunei, Malaysia, Philippines and Thailand at the World Bank; and Pavit Ramachandran, country director for the […]
Megaworld plans to sue contractor
MEGAWORLD CORP. on Sunday said it plans to sue one of its contractors due to additional costs from alleged delays in some of its projects. Megaworld said it had appointed top law firm, ACCRALAW, to pursue the […]
PetroWind expands wind project
PETROWIND ENERGY, INC. PETROWIND Energy, Inc. has started constructing the second phase of its 36-megawatt (MW) Nabas wind power project in Aklan, which is targeted to be completed next year. In a media release over the weekend, […]
Metro Pacific Tollways readies $600-M Indonesian investment
METRO PACIFIC TOLLWAYS Corp. (MPTC) is expected to shell out $600 million if it wins the bidding for a toll project in Indonesia, a company official said. MPTC Chief Finance Officer Christopher Daniel C. Lizo said during […]
PSE says Holcim to be delisted on Nov. 27
HOLCIM PHILIPPINES FACEBOOK PAGE LISTED construction material supplier Holcim Philippines, Inc. is set to be officially delisted from the local bourse on Nov. 27, stock market operator Philippine Stock Exchange, Inc. (PSE) said. PSE said it […]
A trip to the Toyota Technical Center Shimoyama (Part 2): Save the manuals, and make cars NEO
Talk Box By Kap Maceda Aguila 1 of 3 Going electric doesn’t mean ditching the stick shift, but you can actually lose the pedals MANUAL BEVThe liftback Toyota AE86 (also known as the Toyota Corolla […]
At least three keen on Iloilo solar projects
MICHAEL WILSON-UNSPLASH AT LEAST three companies are eyeing to put up solar farms in Iloilo province, a member of its provincial board said. “Right now, as we speak, there are three companies [eyeing] to put solar farms […]