March 27, 2017, 6:33 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. 
 

UK inflation above 2%

March 23, 2017
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LONDON- British inflation shot past the Bank of England’s 2 percent target last month, potentially adding to uneasiness among some officials at the central bank about keeping interest rates near zero.

Loyalty programs untapped

March 23, 2017
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Customer solutions provider Amdocs yesterday said mobile financial service (MFS) providers in the Philippines are failing to fully realize the potential of loyalty programs to drive revenue growth.

Oil prices fall on bloated US

March 23, 2017
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SINGAPORE- Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output.

Risk aversion drives selling

March 23, 2017
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Doubts the Trump administration would be able to pass a new healthcare plan this week to replace “Obamacare”, let alone deliver promised tax cuts and corporate deregulation, dragged down Emerging Asia currencies on Wednesday.

Fed’s Kaplan sees 3 rate hikes

March 23, 2017
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SAN FRANCISCO- With the US workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank President Robert Kaplan said.

Apple drives into Facebook, Sn

March 23, 2017
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SAN FRANCISCO. --  With the release of a new video app called Clips, Apple Inc is inching one step closer to fully engaging in the messaging world, where its huge base of iPhone users could help it compete with Snap Inc’s Snapchat and Facebook Inc’s Messenger.

Coal plant pipeline shrinks gl

March 23, 2017
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LONDON- Construction of new coal plants fell sharply last year due to a clampdown on projects in China and less finance available in India, a report by three environmental groups said on Wednesday.

Mine closures may clip PPA gro

March 22, 2017
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The Philippine Ports Authority (PPA)  expects nominal growth this year due to the volatility of the peso and the drop in mining shipments.

DOH bucks 2-tier cigarette ta

by GERARD NAVAL on March 22, 2017
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The Department of Health (DOH) yesterday expressed opposition to the measure that aims to revive the two-tier tax rate system for cigarette products that was approved by the House of Representatives last December. 

ECOP gears up for new contract

by Angelo Tado on March 22, 2017
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Employers have assured full compliance of a recently issued department order putting a stop to the so-called practice of “endo” or end of contract arrangement with employees while allowing contractualization as provided by an existing law.

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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.’