April 24, 2017, 9:29 pm
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Business News

Group hikes profit

April 19, 2017
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Lopez Holdings Inc. said profit last year reached P6.56 billion, up 6 percent from last year’s P6.19 billion. 


April 19, 2017
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BEIJING - Only one leader of a big Western country is attending China’s most important diplomatic event of the year, a summit next month on President Xi Jinping’s New Silk Road strategy, as China’s foreign minister denied it had been snubbed.

Automaker aims to meet tough g

April 19, 2017
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SHANGHAI - Germany’s Volkswagen AG said on Tuesday it aims to meet upcoming tough quotas in China for selling more green cars on its own and would not resort to purchasing credits from competitors.

Sokor steelmaker’s Q1 profit

April 19, 2017
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SEOUL - South Korean steelmaker POSCO said first-quarter profit more than doubled, beating its estimate on solid demand from China, but warned coking coal may now cost up to a third more than forecast because of price surges post-Cyclone Debbie.

Remittances stay above $2B in

by JIMMY CALAPATI on April 18, 2017
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Money sent home by overseas Filipinos (OFWs) stayed above the $2-billion level in February, growing by 3.4 percent year-on-year, Bangko Sentral ng Pilipinas data showed.

Water concessionaire to doubl

April 18, 2017
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Manila Water Co. Inc. targets to double its net income to reach P11 billion by 2020 backed by overseas expansion, waste water services and other new businesses.

Incentive scheme for firms em

April 18, 2017
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The Employers Confederation of the Philippines (ECOP) is opposing proposals to slap fines on companies not employing people with disability (PWDs).

Business luminaries die

April 18, 2017
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Two business luminaries --  taipan and diplomat Alfonso Yuchengo and Mariano Que, founder of Mercury Drug Corp.  -- passed away last week.

Coops pare down power losses

April 18, 2017
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The National Electrification Administration (NEA) said  more electric cooperatives (ECs) reduced their systems losses in 2016 which cumulatively reached a record low average of 10.99 percent, down by 0.13 percent from the 11.12 percent average they posted in 2015.

Forum to tackle security of r

April 18, 2017
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The Department of Energy (DOE) said security issues surrounding radioactive sources will be discussed, among other topics, at the 7th Nuclear Energy Cooperation and Sub-Sector Network that the country is hosting.  


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Front Page

Column of the Day

‘Nothing from the PNP Internal Afffairs Service’

By DODY LACUNA | April 21,2017
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‘Pulitzer Prize-winning photos are framed against a lawless landscape of Filipinos in brutal submission...’

Opinion of the Day

Ignored laws

By DAHLI ASPILLERA | April 24, 2017
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‘Shouldn’t the BIR deputize Seniors or high school student volunteers? Have them go from store to store demanding evidence that they pay BIR on their income?’