Monday, March 30, 2015
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  • PAL buys 2 Airbus  jets, revises orders

    PAL buys 2 Airbus jets, revises...

    Flag carrier Philippine Airlines said Sunday it bought two new Airbus jets, as a part of a plan to increase its outstanding orders for single-aisle aircraft to 40 over a 10-year period. PAL said it had finalized an agreement with Airbus covering the purchase of two additional A321 NEO aircraft. “At the...
  • Investing in Manila is easy, says US boss

    Investing in Manila is easy, says...

    The chairman and chief executive of Emerson, the Missouri-based manufacturing giant, says investing in the Philippines is easy, allowing the company to expand in the country and generate jobs for more than 4,000 Filipinos. Emerson chairman and CEO David Farr “Investing in the Philippines has been easy....
  • New geothermal find bared

    New geothermal find bared

    The Philippines will have a new geothermal power plant, after Emerging Power Inc., a renewable energy company led by businessman Antonio Zamora, found an exploration site in Oriental Mindoro province capable of producing 40 megawatts of power. EMI said contractor Quest Exploration Drilling Philippines Inc....
  • Imports plunge 14%

    Imports plunge 14%

    Imports plunged 14.2 percent in January from a year ago, pulled down by lower cost of petroleum products, data from the Philippine Statistics Authority show. The PSA said merchandise imports fell to $5.1 billion in January from $6 billion in the same month last year, as payments for mineral fuels and...
  • Big Korean bank coming

    Big Korean bank coming

    Shinhan Bank, one of the largest financial groups in South Korea, has received an approval from the Bangko Sentral ng Pilipinas to establish branches in the Philippines. Bangko Sentral Deputy Governor Nestor Espenilla Jr. told reporters in an interview the regulator approved the branching application of...

All Business

Oil prices down in Asian trade

7 hours ago | 0 comment
Oil prices down in Asian trade Oil prices eased in Asia Monday but analysts said losses were tempered by supply concerns in the crude-rich Middle East after Saudi-led warplanes struck rebel...

PAL buys 2 Airbus jets, revises orders

22 hours ago | 0 comment
PAL buys 2 Airbus  jets, revises ordersFlag carrier Philippine Airlines said Sunday it bought two new Airbus jets, as a part of a plan to increase its outstanding orders for single-aisle aircraft to 40...

Firms seek new Euro 4 schedule

23 hours ago | 0 comment
Firms seek new Euro 4 scheduleTwo foreign oil companies have expressed readiness to comply with the Euro 4 fuel standards, but asked the government to delay its implementation to January 2016,...

Bourses merger set in May

23 hours ago | 0 comment
Bourses merger set in MayThe integration of the Philippine Stock Exchange and Philippine Dealing System Holdings Corp. is likely to be completed in May, a banker said over the weekend.

More join e-trike auction

23 hours ago | 0 comment
More join e-trike auctionAbout 16 to 17 local and foreign companies have expressed interest to join the bidding for the supply and delivery of 3,000 units of energy efficient electric...

Guimaras wind farm sparks tourism

23 hours ago | 0 comment
Guimaras wind farm sparks tourismThe 54-megawatt wind farm of Trans-Asia Renewable Energy Corp. in San Lorenzo, Guimaras has sparked tourism and economic development in the province.

Stocks likely to rise on window dressing

23 hours ago | 0 comment
Stocks likely to rise  on window dressingStocks are expected to move sideways, with an upward bias during this shortened trading week, on first-quarter window dressing, analysts said over the...

MNTC’s road link project to cost P14b

23 hours ago | 0 comment
MNTC’s road link  project to cost P14bManila North Tollways Corp. raised the budget for the construction of an expressway linking the north and south of Manila to P14 billion from P11 billion.

Aboitiz expects income to climb

23 hours ago | 0 comment
Aboitiz  expects  income  to climbAboitiz Power Corp., the power unit of the Aboitiz Group, forecasts higher profits this year with the entry of new projects.

SEC warns vs investing in Baguio-based company

23 hours ago | 0 comment
SEC warns vs investing  in Baguio-based companyThe Securities and Exchange Commission issued an advisory against a Baguio-based company found to be selling unregistered securities to the public.

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