Passengers disembark from their vehicles in front of the Ninoy Aquino International Airport terminal 1 in Pasay City, Metro Manila, Philippines, Oct. 6, 2023. — REUTERS ONLY FOUR GROUPS have submitted bids for the P170.6-billion public-private partnership […]
Extension of tariff cuts seen to mitigate El Niño impact on food prices
Rice dealers display rice in Trabajo Market, Sampaloc, Manila, Aug. 10, 2023. — PHILIPPINE STAR/EDD GUMBAN THE EXTENSION of reduced tariffs on rice and other key agricultural commodities will help cushion the inflationary impact of the El […]
Business groups support Go’s appointment as economic adviser
FREDERICK D. GO —PHILSTAR FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter REFORMS to improve the ease of doing business and the Philippines’ investment environment should be on the top of the agenda for the newly […]
BSP streamlines public disclosure rules for banks
A woman withdraws cash money at an automated teller machine in Makati City, June 23, 2016. — REUTERS By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is streamlining rules for banks on the publication […]
First Gen, Prime Infra sign LNG terminal lease
REUTERS FIRST GEN Corp. and Prime Infrastructure Capital, Inc., through their subsidiaries, signed a 15-year lease agreement over the former’s liquefied natural gas (LNG) storage and regasification terminal in Batangas City. In a stock exchange disclosure on […]
Meralco’s Pangilinan takes over SPNEC
BW FILE PHOTO MANUEL V. Pangilinan, chairman and chief executive officer (CEO) of Manila Electric Co. (Meralco), has taken over the Leviste-led SP New Energy Corp. (SPNEC) after the completion of a P15.9-billion investment. In a regulatory […]
ACEN acquires two firms under Yoma Micro Power
AYALA-LED ACEN Corp., through its subsidiary, took over two companies under Yoma Micro Power Pte. Ltd. to provide solar power to telecommunication towers as well as commercial and industrial sectors. In a regulatory filing on Wednesday, ACEN […]
SEC approves Filinvest, Dagupan Electric offerings
THE Securities and Exchange Commission (SEC) said on Wednesday that it had approved the public offering of two companies. The Commission En Bank of SEC had allowed the registration statement of Filinvest Development Corp. for P32 billion […]
Maynilad, JGC-Hitachi consortium to upgrade five wastewater acilities
MAYNILAD Water Services, Inc. has awarded a P998-million contract to the consortium of JGC Philippines, Inc. and Hitachi Asia, Ltd. to upgrade five of its sewage treatment plants (STPs) in Metro Manila. The west-zone concessionaire said the […]
Wellness retreat is expanding
1 of 2 While plans are vague, The Farm at San Benito is looking into villas, magical wishing mango tree willing By Joseph L. Garcia, Senior Reporter THE FARM at San Benito in Batangas has been chugging […]