January 16, 2018, 11:20 pm
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Business News

Gov’t to rake in P52B from sug

by ANGELA CELIS on January 17, 2018
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The government expects to generate P52.13 billion this year from the collection of excise taxes on sugar-sweetened beverages and cosmetic procedures, data from the Department of Finance (DOF) showed.
 

GSIS sets $800M overseas inves

January 17, 2018
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Amid the low interest rate environment, the Government Service Insurance System (GSIS) is eyeing to diversify its investments by increasing its exposure abroad, the state pension fund’s top official said.
 

Oil firm enters construction b

by Jed Macapagal on January 17, 2018
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Phoenix Petroleum Philippines Inc. will enter into the construction business in a joint venture with two asphalt companies.
 

ERC vacuum to lead to brownout

January 17, 2018
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The regulatory vacuum at the Energy Regulatory Commission (ERC) puts on hold the possible supply of 5,493.89 megawatts (MW) of power to consumers, raising alarms of possible power failures in several parts of the country. 
 

DICT reiterates 4th telco play

by Myla Iglesias on January 17, 2018
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The Department of Information and Communications Technology (DICT) hinted on the possibility of having a  “fourth telco player” by end of March this year.          
 

ADB sets $150M technical aid t

by ANGELA CELIS on January 17, 2018
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The Asian Development Bank (ADB) has extended a technical aid loan of $100 million and another $5 million in grants to the Philippines to help improve and speed up the rollout of major infrastructure projects, the Department of Finance (DOF) said.
 

P11B air traffic system inaugu

January 17, 2018
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The Department of Transportation (DOTr), through the Civil Aviation Authority of the Philippines (CAAP) yesterday inaugurated the P10.8-billion new communications, navigation, surveillance/air traffic management (CNS/ATM) system for the Philippines’ aviation industry.
 

Efforts to ease doing busines

January 17, 2018
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The Department of Trade and Industry (DTI) is stepping up efforts to ease doing business in the Philippines by engaging more government agencies and local government units in cutting red tape.
 

Innovation drives exporters’ c

January 17, 2018
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A lawmaker has called for support for the passage of a legislation that will make innovation a driver of export competitiveness and economic growth.
 

PSALM sets privatization targe

January 17, 2018
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The Power Sector Assets and Liabilities Management (PSALM) Corp. plans to pursue this year the stalled privatization of two plants  to cut on operational costs and to augment funds that would r pay off its assumed obligations.
 

Pages

Front Page

Column of the Day

The real chilling effect

By ABIGAIL VALTE | January 17,2018
‘Even the half-blind can see the pattern of coercion and elimination employed against those believed to be critical of the Mr. Duterte’s moves.’

Opinion of the Day

Despite corporate questions, Rappler case is a press freedom issue

By ELLEN TORDESILLAS | January 17, 2018
‘The decision of the Securities and Exchange Commission to void the registration of Rappler as a media entity is a press freedom issue.’