Bank of Montreal cuts special 5 year mortgage rate to 2.79% heading into spring

TORONTO — The Bank of Montreal is cutting its posted five-year fixed mortgage rate, a move that experts say could spur other banks to slash their...

Oil slump means break from tradition in Saskatchewan budget: finance minister

REGINA — Saskatchewan’s finance minister is sporting brown leather shoes that he says represent the provincial budget’s break from tradition. Ken Krawetz says he usually wears...

Real estate giant eyes Clark Green City dev’t

Remittances grow by 0.5% in January

MANILA — Remittances from Filipinos living and working abroad increased by 0.5 percent to $1.814 billion in January from $1.804 billion in the same period last year....

Sale of power assets raised almost $20B

MANILA — The government’s privatization of state-owned power assets through the Power Sector Assets and Liabilities Management Corp. (PSALM) has raised almost $20 billion as of...

PWU eyes partnership with Ayala

MANILA — Ayala Land Inc. was recently invited to be a potential partner for the redevelopment of the Quezon City campus of Philippine Women University’s basic...

Aquino determined to strengthen economic gains – Palace

MANILA – President Benigno Aquino III is determined to strengthen the economic gains boosted by another record-high foreign direct investments (FDIs) set in 2014, Malacanang said...

Sen. Aquino expects more Filipino workers to benefit in ASEAN economic integration

MANILA – The Philippines’ agriculture sector may not be ready yet for the forthcoming ASEAN economic integration, but the country’s skilled workers are expected to dominate...

House urged to probe overpricing of airline tickets

MANILA — A lawmaker has called for a congressional inquiry into the alleged overpricing of airline tickets in the country. In House Resolution 1960, Rep. Ronald...

Investors look to probabilities of interest rate hikes, further oil price slides

TORONTO — The coming week will likely be a volatile one on North American markets as traders weigh the timing of interest rate hikes by the...