February 25, 2018, 10:10 am
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Business

Business

P3.5B lost daily to traffic in MM

By ANGELA CELIS | February 23, 2018
The worsening traffic congestion in Metro Manila is estimated to result in productivity loses of around P3.5 billion a day, according to Japan International Cooperation Agency’s (JICA) Philippine Office.

P3.5B lost daily to traffic in

by ANGELA CELIS on February 23, 2018
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The worsening traffic congestion in Metro Manila is estimated to result in productivity loses of around P3.5 billion a day, according to Japan International Cooperation Agency’s (JICA) Philippine Office.

DOTr: It could be an understat

by Myla Iglesias on February 23, 2018
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The Department of Transportation (DOTr) yesterday agreed that traffic in Metro Manila has indeed worsened and believes the JICA report that productivity loses due to traffic mat reach P3.5 billion a day may be an “understatement.”

Precrafted homes to rise in P

by Irma Isip on February 23, 2018
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Startup company Revolution Precrafted has been tapped by Filipino firm Central Country Estate, Inc. (CCEI) for a $115.4-million (P5.9 billion) subdivision in Pampanga built from prefabricated structures. 

PSEi down 1%

February 23, 2018
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Local share prices ended lower yesterday, echoing other Southeast Asian markets which fell as the possibility that the US Federal Reserve will move to raise interest rates as early as next month weighed on investor sentiment.

MB Araneta passes away

February 23, 2018
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The Bangko Sentral ng Pilipinas yesterday announced that Monetary Board (MB) Member Valentin A. Araneta passed away on Wednesday, 21 February 2018, at the age of 69.

Approved FIs down 52%

by ANGELA CELIS on February 23, 2018
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The total approved foreign investments (FIs) in the Philippines for 2017 fell by 51.8 percent from the previous year’s level, data from the Philippine Statistics Authority (PSA) showed.

PCC approves mixed-use develo

by RUELLE CASTRO on February 23, 2018
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The Philippine Competition Commission (PCC) has approved the proposed partnership between Ayala Land, Inc. and Royal Asia Land for a 936-hectare mixed-use development in Carmona, Cavite. 

Pag-IBIG reports record feat;

February 23, 2018
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Pag-IBIG Fund apprised its stakeholders and partner-developers in the National Capital Region (NCR) of its record-breaking 2017 accomplishments during a forum held in Makati City.

SSS to shoulder banks’ standar

February 23, 2018
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The Social Security System (SSS) will shoulder the costs of standard service fee applied for local collection and disbursements of benefits of accredited collecting banks.

P450M rehab of LRT1 gets green

February 23, 2018
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Rail operator Light Rail Manila Corp. (LRMC) yesterday said it signed a P450-million deal with engineering and industrial firm Voith Digital Solutions Austria GmBH and Co KG for the rehabilitation and upgrade of the generation-2 trains of Light Rail Transit line 1 (LRT-1).

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Front Page

Column of the Day

Rappler’s continuing saga

By DAHLI ASPILLERA | February 23,2018
‘Without a court TRO against the SEC ruling, Rappler’s accreditation in Malacañang was considered revoked.” – Senior Deputy Executive Secretary Menardo Guevarra.’

Opinion of the Day

Duterte does not understand media’s role in a democracy

By ELLEN TORDESILLAS | February 23, 2018
‘This is funny if it didn’t violate the constitutional guarantee of freedom of the press.’