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Meralco rate rises in April

By Adam J. Ang Consumers in Metro Manila will likely see an increase in their electricity bills in April with a typical households set to...

Taal Volcano eruption risks GDP growth, analysts say

THE CONTINUED ERUPTION of Taal Volcano in Batangas province risks the country鈥檚 utilities, agriculture, transport and tourism sectors, not to mention overall economic growth, analysts said on Monday.

Construction of Metro Manila subway鈥檚 first three stations set to begin — DoTr

THE DEPARTMENT of Transportation (DoTr) has sealed the design and build contract for the first three stations of the Metro Manila Subway Project, which is scheduled to break ground on Wednesday, Feb. 27.

Philippines鈥 sole newsprint manufacturer halts operations

THE COUNTRY鈥橲 sole newsprint manufacturer is looking to restart operations in the second half after it stopped production last year.

ADB slashes forecasts for Philippine economic growth with much of Asia

THE ASIAN DEVELOPMENT BANK (ADB) has scaled down its Philippine economic growth forecasts for 2019 and 2020 amid 鈥渁 slowdown in the global economy and in domestic investment,鈥 even as the country will remain among the fastest in Asia next to other major economies like China, India and Vietnam.

AllHome marks strong stock market debut

ALLHOME Corp. met investor expectations at its market debut on Thursday, with its shares gaining 0.52% at the end of trading.

AEV chairman Jon Ramon Aboitiz passes away

Aboitiz Equity Ventures, Inc. (AEV) Chairman Jon Ramon M. Aboitiz passed away on Friday, Nov. 30. He was 70, according to a company representative. Mr....

Scientists predict El Ni帽o in 2020 based on earlier warning method

BARCELONA -- The complex El Ni帽o weather pattern that can bring disastrous heavy rainfall and long droughts to countries around the Pacific -- from Peru to Indonesia and Australia -- will probably emerge again in 2020, researchers have predicted.

Malolos-Clark rail auction draws 11 firms

THE AUCTION for the contract to build the Malolos-Clark segment of the North South Commuter Railway (NSCR) Project attracted 鈥渁 record-high number鈥 of bidders, the Department of Transportation (DoTr) said on Wednesday.

Philippines may benefit from new globalization

THE PHILIPPINES could benefit substantially from the ongoing massive shift in global trade, with the services sector likely to see the most gains, the Asian Development Bank (ADB) said.

11th Foreign Investment Negative List bares 鈥榤odest鈥 gains in easing restrictions

MALACA脩ANG on Wednesday finally issued the government鈥檚 closely watched list of sectors in which foreign participation is regulated, showing sectors where restrictions have eased including teaching in 鈥渉igher education levels.鈥

$660M in 鈥榟ot money鈥 exits PHL in April

By Luz Wendy T. Noble, Reporter AROUND $660 million in foreign capital left the Philippines in April as investors pulled out due to worries over...
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