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WB sees PH sustaining 6.7% GDP growth

MANILA — The World Bank (WB) expects the Philippines to sustain stable economic growth this year and the next, noting the …

Ortigas & Co. breaks ground on P6.3-B Greenhills mall

MANILA — Property developer Ortigas & Company on Wednesday broke ground on a PHP6.3-billion integrated regional mall in San Juan City, …

ADB economist says PH trade deficit a sign of growing domestic demand

MANILA — An economist from the Asian Development Bank (ADB) on Wednesday said the Philippines’  trade deficit was not alarming but …

Businesses to benefit from 2nd tax reform package: NEDA exec

MANILA — Businesses stand to benefit from reduced corporate income tax rates (CIT) even with the rationalization of fiscal incentives under …

PDEx hopes to sustain P207-B bond listings this year

MANILA — The Philippine Dealing & Exchange Corporation (PDEx), the operator of the country’s fixed income exchange, expects bond listings in …

Firm’s IPO to expand footprints in residential, com’l property marts

MANILA — Construction and real estate developer D.M. Wenceslao & Associates Inc. (DMWAI) plans to expand its footprint in residential and …

12-MW Maibarara geothermal starts exporting power to Luzon grid

MANILA — The 12-megawatt Maibarara geothermal power plant (M2) has successfully been connected to the Luzon grid, its first export of …

Ayala Land to open air and sea ports, resort rooms in Sicogon

MANILA — Property giant Ayala Land Inc. (ALI) and joint venture partner Sicogon Island Development Corp. (SIDECO) target to open this …

Holcim’s 2017 profit down 65%

MANILA — Holcim Philippines Inc. booked a 65-percent drop in profit in 2017 as cement demand declined amid sluggish growth of …

WB urges PH to foster more inclusive growth

MANILA — The Philippines needs to undertake measures, including stepping up efforts to create more jobs and livelihood, in a bid …

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