March 27, 2017, 6:35 pm
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Business

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. 
 

ECB: Protectionism may raise,

March 23, 2017
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FRANKFURT- Protectionist trade policies may increase, rather than reduce, a country’s trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world’s top 20 economies dropped their pledge for open trade.

BDO branches reach 1,000  

March 23, 2017
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BDO Unibank (BDO)’s network of branches is now stronger at 1,000 following the opening this month of its latest full-service outlet in Davao City.

BOJ members reject bond yield

March 23, 2017
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TOKYO- Bank of Japan board members rejected suggestions the central bank should raise its 10-year government bond yield target to match expected gains in Treasury yields, minutes of their January monetary policy meeting showed on Wednesday.

Fisherfolk remains the poorest

by PAUL ICAMINA on March 23, 2017
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DAVAO CITY – The poorest of the poor live and work near or in water.

Steel, iron ore down

March 23, 2017
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Chinese steel and iron ore futures fell sharply for a second straight session on Wednesday as investors continued to cash in on recent gains even as the outlook in the physical market was supported by a seasonal pickup in demand.

Markets fret as Trump agenda s

March 23, 2017
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NEW YORK- The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump’s ability to push through major reforms, leaving stocks vulnerable to a long-anticipated correction.

US investment banks strengthe

March 23, 2017
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LONDON- JP Morgan retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of U.S. banks, reflecting their domination over struggling European peers, data on Wednesday showed.

ABS-CBN Mobile to double subs

March 23, 2017
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ABS-CBN Corp. looks to more than double the number of subscribers of  ABS-CBN Mobile to 2 million this year from  904,000 at the end of 2016.

Wheat drops for 3rd day

March 23, 2017
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SINGAPORE- Chicago wheat slid for a third consecutive session on Wednesday, trading near the previous session’s six-week low as forecasts for rain improved the prospects for the U.S. winter crop.

SE Asia stocks down on fresh

March 23, 2017
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Most Southeast Asian stock markets fell on Wednesday, taking cues from a selloff on Wall Street as investors are increasingly worried that U.S. President Donald Trump will struggle to deliver promised pro-growth policies, including financial deregulation.

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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.’