March 22, 2018, 7:56 am
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Business News

INCREASES NAIA’S CAPACITY TO 65M; ‘Super consortium’ seeks approval of P350B rehab plan

The consortium is composed of Aboitiz Infra Capital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc., Asia’s Emerging Dragon Corp., Filinvest Development Corp., JG Summit Holdings Inc. and Metro Pacific Investments Corp. for a combined capitalization  of over P2.2 trillion.

Asian business sentiment hit 7-year high

SYDNEY- Business confidence among Asian companies rose in the first quarter to the highest level in seven years, a Thomson Reuters/INSEAD survey showed, as a fresh surge by the Chinese economy offset concerns about rising trade barriers.

MTD sees NGAC Phase 1 ready by Oct. next year

KUALA LUMPUR - MTD Philippines, Inc. expects to have financial closure in the next month or so of the P9.5-billion loan required to finance the P13.7-billion initial phase of the National Government Administrative Center (NGAC) within the New Clark City.

Best practices for mango sought for better quality production

Mango production dropped by 10 percent during the fourth quarter of 2017.  The decline was attributed by the National Statistics Authority to farmers who were discouraged to conduct flower induction activities due to the occurrence of intermittent rains in the Zamboanga Peninsula (Zamboanga del Norte and Zamboanga del Sur). 

Tourist arrivals break 1.4M mark

Tourist arrivals broke the 1.4-million mark in the first two months of the year, data from the Department of Tourism (DOT) show.

G20 sees need for ‘dialogue,’ fails to defuse trade war threat

BUENOS AIRES- The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to diffuse the threat of a trade war days before US metals tariffs take effect and Washington is to announce measures against China.

Construction industry seen sustaining growth

The construction industry is forecast to sustain its strength underpinned by the growth of the economy and the push for infrastructure.

Tollways interoperability starts

The tollways unit of Metro Pacific Investments Corp. (MPIC) and the San Miguel Corp. (SMC) have started implementing interoperability between their electronic toll collection systems in compliance with the directive of the government. 

ENVIRONMENTAL CRACKDOWN CONTINUES: DENR issues notices to 49 establishments in Siargao

As part of its crackdown on popular tourist destinations, the Department of Environment and Natural Resources (DENR) has ordered 49 business establishments to address environmental problems in the island of Siargao in Surigao del Norte.

SSS’ net falls on pension hike

Net  revenue of state-run Social Security System (SSS) declined by 36.57 percent in 2017 following the  hike in pension benefits last year.


Front Page

Column of the Day

Realities of aging

By PHILIP S. CHUA | March 22,2018
‘We no longer have any excuse not to maximize our health and longevity.’

Opinion of the Day

CenterLaw voids Duterte’s decision

By NESTOR MATA | March 22, 2018
‘The Center for International Law (CenterLaw) voids Duterte’s decision to withdraw from the UNCHR and ICC.’