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Archives

Ayala Land sets P130-B capex for 2019

MANILA — Ayala Land Inc. (ALI) has earmarked a PHP130-billion capital spending for 2019, to fund the development of more real …

Jollibee nets P8.3 billion in 2018

MANILA — Homegrown fast-food giant Jollibee Foods Corp. (JFC) booked a 17.1-percent increase in profit in 2018 after opening 502 stores, …

Lowering gov’t retirement age to deplete GSIS fund

MANILA — Lowering the retirement age of government workers from 60 to 56 would deplete the state-owned pension fund 12 years …

PH economy expands 6.2% in 2018

MANILA — The country’s gross domestic product (GDP) expanded 6.2 percent in 2018, cementing the Philippines’ standing as one of Asia’s …

Gov’t working to further reduce inflation

MANILA — The government’s economic managers on Friday vowed to continue working towards further reining in the prices of commodities, even …

PH one of Asia’s best performers despite high inflation

MANILA — The Philippines remains one of Asia’s best-performing economies and is even poised to move up to upper middle-income status …

More investments pushed for agri growth, climate adaptation

MANILA — The Philippines needs to invest more on mitigating the effects of climate change on agriculture to make economic …

Aboitiz Equity to spend P60-B for 2019 projects

MANILA — Conglomerate Aboitiz Equity Ventures Inc. (AEV) is earmarking PHP50 billion to PHP60 billion in capital expenditures (capex) for 2019, …

PH growth still one of fastest in East Asia: World Bank

MANILA — The World Bank (WB) expects the Philippines to remain one of the fastest-growing economies in the East Asia and …

PH seen to reap demographic dividends by 2025

MANILA — The Philippine economy is poised to undergo accelerated growth as a result of demographic dividends as early as 2025, …

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