Mitsubishi opens P2.8-B biggest stamping shop in PH

SANTA ROSA, Laguna — Mitsubishi Motors Philippines Corp. (MMPC) opened Thursday its PHP2.8-billion stamping shop here, the biggest stamping facility in the country. The facility is part...

Diokno wants review of PBB program

MANILA — The Department of Budget and Management (DBM) is considering a re-study of the Performance-Based Bonus (PBB) program to ensure a more efficient disbursement of...

23 PH firms join Gulfood 2018 in UAE

MANILA — In its effort to fully participate in the global Halal market, the Department of Trade and Industry is assisting 23 Philippine companies in showcasing...

Honda PH recalls 2013 models of City, Jazz, Pilot

MANILA — Honda Cars Philippines, Inc. (HCPI) is recalling a total of 9,951 vehicles from its 2013 models of City, Jazz, and Pilot due to airbag...

Final proposal for military pension system out by year-end

UCPB to close branches on Chinese New Year

MANILA — All branches of UCPB will be closed on Friday, Feb. 16, due to the declaration of the Chinese New Year celebration as a holiday. buy...

‘Super consortium’ eyes NAIA transformation into a regional hub

MANILA— Seven major conglomerates formally formed Tuesday a consortium that vows to transform the Ninoy Aquino International Airport (NAIA) into a regional airport hub. The NAIA Consortium...

Phoenix eyes 60 more stations

MANILA— Phoenix Petroleum Philippines Inc. foresees a rosy prospect for this year as it targets to put up 50 to 60 more gasoline stations throughout the country...

January 2018 inflation uptick not due to TRAIN: DOF exec

MANILA— Businesses’ compliance to higher taxes on cigarettes and not the impact of tax reform is the main factor for the big jump of Philippines’ inflation rate...

Jollibee hikes stake in Smashburger to 85% in USD100-M deal

MANILA— Homegrown fast food giant Jollibee Foods Corp. (JFC) on Tuesday announced a deal to pay USD100 million to acquire an additional 45-percent stake in  American burger...