Thursday, July 02, 2015
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  • Bare all guarantees, IMF tells govt

    Bare all guarantees, IMF tells govt

    The International Monetary Fund said the Philippines hasn’t reported all its financial guarantees and urged the government to properly disclose its obligations. Authorities have issued non-central bank guarantees equal to 47 percent of gross domestic product but have only reported those equal to 31...
  • SM, Ayala win Cebu project

    SM, Ayala win Cebu project

    A consortium led by property developers SM Prime Holdings Inc. and Ayala Land Inc. has won a contract to develop a 26-hectare reclaimed property in Cebu City. SM-ALI Group consortium submitted a bid of P10 billion to develop the 26-hectare Lot No. 8-B1, the largest portion of the 45.2-hectare South Road...
  • PH to withstand Greek crisis

    PH to withstand Greek crisis

    The Philippine economy is strong enough to withstand the risks of the Greek debt default, economic officials said Monday. “Asian EMEs [emerging market economies], may be affected by this, but there is fundamental robustness in domestic economies, including the Philippines, that should help shield us...
  • Ang ‘walked away’  from talks—GMA-7

    Ang ‘walked away’ from...

    San Miguel Corp. president Ramon Ang walked away from negotiations to invest in GMA Network Inc. as early as March this year, according to the broadcasting network. GMA vice president for corporate communications Angela Javier Cruz said in a statement Ang “already walked away and informed sellers [on...
  • Company big enough to employ a whole city

    Company big enough to employ a...

    A company has become so big in the Philippines that its employees can fill a whole town or even a city, thanks to the rise of business process outsourcing as a potent economic sector. Teleperformance Philippines recently inaugurated its 16th facility in the Philippines at SM Aura Office Tower.  Shown are...

All Business

Bare all guarantees, IMF tells govt

17 hours ago | 0 comment
Bare all guarantees, IMF tells govtThe International Monetary Fund said the Philippines hasn’t reported all its financial guarantees and urged the government to properly disclose its...

R-II Builders may offer P4b for Smokey Mountain

17 hours ago | 0 comment
R-II Builders may offer P4b for Smokey MountainBusinessman Reghis Romero II said Wednesday his company, R-II Builders Inc. is prepared to offer up to P4 billion to settle a dispute with state-run Home...

Mitsubishi buying Asian bank

17 hours ago | 0 comment
Mitsubishi buying Asian bankBy Chanyaporn Chanjaroen   Two years year after spending about $5 billion buying a Thai bank, Mitsubishi UFJ Financial Group Inc. is looking for a similar...

Ayala Land Premier sees P9b in Nuvali sales

17 hours ago | 0 comment
Ayala Land Premier sees P9b in Nuvali salesAyala Land Premier, the luxury real estate unit of Ayala Land Inc., said it expects to generate close to P9 billion in sales from the newly-introduced residential...

Filinvest bags second Cebu lot

17 hours ago | 0 comment
Filinvest bags second Cebu lotFilinvest Land Inc., the property unit of the Gotianun family, said Wednesday it bagged the contract to develop a 19.2-hectare reclaimed land in South Road...

APO Production fights off detractors

17 hours ago | 0 comment
APO Production fights off detractorsState-controlled APO Production Unit is fending off what appears to be a well-orchestrated disinformation campaign against its credentials as a top-notch printer.

New airport needed ­— IATA

17 hours ago | 0 comment
New airport needed ­— IATAThe Philippines needs a new international gateway in Manila, as a number of safety and operational issues tarnish the image of the Ninoy Aquino International...

Queen Maxima: Include the poor

17 hours ago | 0 comment
Queen Maxima: Include the poorQueen Maxima of the Netherlands  on Wednesday asked the Philippine government to fully implement a national strategy for financial inclusion as a vital step...

SM, Ayala win Cebu project

1 day ago | 0 comment
SM, Ayala win Cebu projectA consortium led by property developers SM Prime Holdings Inc. and Ayala Land Inc. has won a contract to develop a 26-hectare reclaimed property in Cebu City.

11 companies bidding for Clark road design

1 day ago | 0 comment
11 companies bidding for Clark road designEleven firms have signified their interest to join the bidding for the detailed engineering design of some 45 kilometers of roads in the proposed Clark Green City...

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