March 27, 2017, 8:48 pm
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Business

Ayala ramps up RE portfolio

By Ruelle Albert Castro | March 27, 2017
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Ayala Corp. expects to ramp up its renewable energy (RE) holdings   in the next four years as the company pushes to raise its attributable power portfolio to 2,000 megawatts (MW) from the current 1,300 MW. 
 

TO PREVENT SILTATION, NOT SIGN

March 27, 2017
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The Department of Environment and Natural Resources has allowed eight suspended nickel ore miners to ship out stockpiles of mined ore, sources told Reuters, temporarily boosting supply from the world’s top exporter of the raw metal after a major crackdown.

BOI to exceed P500B target

March 27, 2017
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The Department of Trade and Industry (DTI) is confident it would breach the P500 billion investment target of the Board of Investments(BOI) for the year.

China urges tighter mortgage

March 27, 2017
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BEIJING - China’s central bank, wary of soaring property prices in Beijing, said that banks must strengthen mortgage risk management, and that includes cracking down on home buyers rushing to get divorced to skirt second-home purchase rules.

Copper lower as world’s top

March 27, 2017
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LONDON - Copper fell on Friday, ending the week 2 percent lower after workers agreed to end a strike at the world’s top copper mine in Chile.

Hapag-Lloyd says prospects bu

March 27, 2017
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FRANKFURT - German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.

JPEPA boosts trade by 20%

March 27, 2017
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Trade between the Philippines and Japan has been growing about 20 percent every year for the past eight years, since an economic partnership agreement (EPA) between the two countries was ratified in 2008.

New home sales hit new high; j

March 27, 2017
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WASHINGTON. —New US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates.

Asian spot LNG prices prices

March 27, 2017
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MILAN - Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders.
 

Drones for mine audit pushed

March 27, 2017
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Following the Department of Environment and Natural Resources’ (DENR) clampdown on erring mining firms, students from the University of the Philippines (UP) are pushing for the use of drone technology that will  make audit of mining firms cheaper, faster and more accessible.

Shares, dollar pare losses

March 27, 2017
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NEW YORK - US shares pared losses to end slightly lower after Republicans pulled their bill to overhaul the U.S. healthcare system due to a shortage of votes, dealing a blow to US President Donald Trump,
while European shares fell ahead of the decision.

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Front Page

Column of the Day

Duterte immobilized

By DODY LACUNA | March 24,2017
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‘He should deter the AIDS outbreak victimizing the youth whom he has pledged to protect always.’

Opinion of the Day

Reviving Laguna de Bae (2)

By DAHLI ASPILLERA | March 27, 2017
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‘Industry and residents must be disciplined; penalized. “We are doing all these for the local subsistence fishermen.” – Jaime Medina, LLDA general manager.’