February 20, 2017, 2:14 pm
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Business

IMF says view on Greek bailout deal unchanged

February 20, 2017
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WASHINGTON/BERLIN - The International Monetary Fund declined to comment on a media report on Friday that it was likely to contribute up to 5 billion euros ($5.3 billion) to a third bailout package for Greece, saying its views on the deal had not shifted.
 

Salary hike average slows down

February 20, 2017
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The average salary increase in the private sector has slowed down to five percent in the last two years, but still more than double the average inflation for the same period.

City of Dreams makes up for Me

by Ruelle Albert Castro on February 20, 2017
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Melco Crown Entertainment Ltd. reported that operations from the City of Dreams Manila is making up for the lower contribution of its Macau operations.

Bet for BSP chief vows to ease

February 20, 2017
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A contender to become the next Bangko Sentral ng Pilipinas governor said he would push for the relaxation of the country’s bank secrecy law to facilitate the investigation of money laundering cases.

Imported cars gain bigger mark

February 20, 2017
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The Philippine automotive industry, while still relatively small compared with other Asean countries sold 1.5 million units of brand new four-wheel and two-wheel vehicles in 2016, one million of which are bikes.

Gov’t to revamp military, poli

by ANGELA CELIS on February 20, 2017
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The Duterte administration will prioritize the review of the pension system of  the military and police force and will look for other sources other than the budget.

Globe to triple LTE700 rollout

February 20, 2017
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Globe Telecom Inc. said it plans to roll out 1,800 LTE700 sites for the year, more than a three-fold increase from the 500 deployed last year,  as part of its plan ramp up spectrum utilization of its 700 megahertz (MHz) band to 300 percent. 

IC pushes wider investment veh

February 20, 2017
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There is a need for better yielding investment vehicles which insurance companies could choose from, as an alternative to fixed income securities and the equities market, the Insurance Commission (IC) said.

Agri export prospects to Russi

February 20, 2017
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The Department of Agriculture (DA) plans to consolidate Philippine companies interested to export more agricultural products  to Russia.

Malampaya maintenance complete

February 20, 2017
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The Department of Energy (DOE) said the Malampaya maintenance shutdown has been completed safely and as scheduled.

ABS-CBN wins $11M piracy case

February 20, 2017
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ABS-CBN Corp. said it was awarded last week an amended default judgment of nearly $11 million against 11 online streaming websites that regularly showcase pirated versions of its programming.

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Front Page

Column of the Day

Trillanes to Duterte: Sign waiver of bank secrecy law addressed to BPI

By ELLEN TORDESILLAS | February 20,2017
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‘Trillanes did not fall into the trap of Duterte diverting the issue with his personal insults to him.’

Opinion of the Day

More on the DeLima-Trillanes team

By DAHLI ASPILLERA | February 20, 2017
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‘Sen. Trillanes to President Duterte: “Disclose your bank account deposits!’