March 31, 2017, 8:27 am
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Business

EU decides against duties on hot-rolled steel

March 31, 2017
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LONDON/FRANKFURT - The European Commission has decided it will not impose provisional duties on hot-rolled steel from Brazil, Iran, Russia, Serbia and Ukraine, but could still find the countries have breached rules on unfair competition, industry sources said on Wednesday.

Breaking market control

by Ruelle Albert Castro on March 31, 2017
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To break market control in the telecommunications sector, the Philippine Competition Commission (PCC) said there is a need to impose rules that will remove barriers to the entry of new players in the broadband market. 

Rice import plan on hold

March 31, 2017
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Despite the National Food Authority’s (NFA)  assertion  the country needs to immediately import 250,000 metric tons (MT) of rice, the Department of Agriculture (DA) believes otherwise.

Outlook positive but…

by JIMMY CALAPATI on March 31, 2017
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Credit rating agency Fitch Ratings maintained for another year its positive outlook with minimum investment grade rating of BBB- on the Philippines and warned deterioration in governance standards could see the outlook revert to stable.

JICA eyes to fund P450B projec

by ANGELA CELIS on March 31, 2017
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The Japan International Cooperation Agency (JICA) will likely fund 14 infrastructure projects in the Philippines, with three of the priority projects valued at $8.824 billion, the National Economic and Development Authority (NEDA) said.

Ban on open pit mining called

by Jed Macapagal on March 31, 2017
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Open pit mining should not be banned in the country as it will affect energy supply, according to an expert from the University of the Philippines-Department of Mining, Metallurgical and Materials Engineering.

Shift to ‘green economy’

March 31, 2017
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The Department of Environment and Natural Resources (DENR) said it is leading government efforts to shift the country to a “green economy,” issuing an administrative order that aims to protect the environment while providing well-paying jobs to communities.

Rebid of Malaya power plant b

by Jed Macapagal on March 31, 2017
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The government could consider revising the bidding terms of the   650 megawatts (MW) Malaya Thermal Power Plant Complex and explicitly include in the terms the proposal  by the Department of Energy (DOE) that the winning bidder  convert the plant from using diesel to liquefied natural gas (LNG).

Telco, US network strike conte

March 31, 2017
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PLDT Inc. has signed an exclusive partnership with Fox Networks Group Asia for the streaming of movies and TV programs from the extensive catalogue of the latter for Smart and Cignal subscribers.

Asia shares retreat from 2-ye

March 31, 2017
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TOKYO - Asian shares turned lower on Thursday after touching near two-year highs, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy.

Power firm posts lower profit,

March 31, 2017
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Alsons Consolidated Resources Inc. (ACR) recorded an eight percent decline in consolidated net income last year to P636 million from  P691 million in 2015.

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Front Page

Column of the Day

Escape from true healing

By DODY LACUNA | March 31,2017
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‘The power to forgive and the grace to accept it are not inside us.’

Opinion of the Day

A barbaric fraternity

By DAHLI ASPILLERA | March 31, 2017
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‘On the case of a mauled-to-death frat recruit, how shocking to hear Judge Perla Cabrera-Faller’s verdict that no one is to blame for the death of Marc Andrei Marcos...’