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By: Ben O. de Vera Philippine Daily Inquirer 12:30 AM March 10, 2017 http://business.inquirer.net/225868/govt-readies-13-projects-chinese-financing The Philippine government plans to pitch up to 13 projects that can be rolled out in the next two to three years for potential Chinese financing, the Department of Finance said Thursday. To be officially submitted for the Chinese government’s consideration, […]
ABS-CBN News Posted at Mar 09 2017 05:48 PM http://news.abs-cbn.com/business/03/09/17/50-infrastructure-projects-worth-p472-b-in-the-works-ppp-center MANILA – The Public-Private Partnership Center has 50 projects worth over P470 billion planned for the next few years, the head of the infrastructure agency said Thursday. The projects include five regional airports and the construction of the North Luzon Expressway and South Luzon Expressway […]
By Louella Desiderio (The Philippine Star) Updated March 10, 2017 – 12:00am http://www.philstar.com/business/2017/03/10/1679556/nlex-harbor-link-segment-10-completed-year-end-mntc MANILA, Philippines – Manila North Tollways Corp. (MNTC) expects to complete the North Luzon Expressway (NLEX) Harbor Link Segment 10 by the end of the year. “Previous target (for completion) was middle of 2017, but we are moving that to end of […]
by Patrick Gillespie @CNNMoney March 1, 2017: 12:09 PM ET http://money.cnn.com/2017/03/01/news/economy/venezuela-cash/index.html?section=money_topstories Venezuela only has $10.5 billion in foreign reserves left, according to its most recent central bank data. For rest of the year, Venezuela owes roughly $7.2 billion in outstanding debt payments. In 2011, Venezuela had roughly $30 billion in reserves. In 2015, it […]
Jemima Kelly, Reuters Posted at Mar 01 2017 06:37 PM http://news.abs-cbn.com/business/03/01/17/fed-trumps-trump-as-dollar-us-treasury-yields-soar LONDON – The dollar and U.S. Treasury yields jumped on Wednesday, while stocks were mixed, as investors focused less on U.S. President Donald Trump’s first speech to Congress and more on what they see as a growing chance of a U.S. interest rate hike […]
Here are the main points of US President Donald Trump’s first speech to the US Congress, outlining his ambitious agenda By Rappler.com Published Wed, Mar 1, 2017 1:30 PM http://www.rappler.com/world/regions/us-canada/162879-fast-facts-trump-speech-congress-main-points WASHINGTON DC – US President Donald Trump outlined an ambitious agenda for his government Tuesday, February 28 (Wednesday, March 1 in Manila), during an address […]
By Delon Porcalla (The Philippine Star) Updated March 2, 2017 – 12:00am http://www.philstar.com/headlines/2017/03/02/1677123/house-oks-death-penalty MANILA, Philippines – Stiff resistance put up by pro-life lawmakers failed to stop the House of Representatives from approving on second reading last night the measure restoring the death penalty, but only for drug offenses. The approval of a controversial measure pushed […]
(UPDATED) The Office of the President submits the signed ‘Instrument of Accession’ to the Senate for concurrence on Wednesday, March 1 Pia Ranada Published 8:19 AM, March 01, 2017 Updated 3:47 PM, March 01, 2017 http://www.rappler.com/nation/162865-duterte-signs-paris-agreement-climate-change MANILA, Philippines (UPDATED) – Despite his misgivings, President Rodrigo Duterte has signed the Paris Agreement on Climate Change. Executive […]
ABS-CBN News Posted at Mar 01 2017 11:57 AM Updated as of Mar 01 2017 02:21 PM http://news.abs-cbn.com/business/03/01/17/luzon-placed-on-second-highest-power-alert MANILA – (UPDATE) The second highest alert was raised in Luzon on Wednesday due to thin power reserves, the Department of Energy said. The “yellow alert,” which means reserves have dipped below the required level, was in […]
By Janine Marie D. Soliman Posted on March 02, 2017 http://www.bworldonline.com/content.php?section=Finance&title=Peso-slumps-to-new-10-year-low-as-Fed-officials-talk-up-rate-hike&id=141531 THE PESO slumped against the dollar on Wednesday, hitting another 10-year low, amid a jittery market due to heightened chances of an interest rate hike by the US Federal Reserve this month and on the back of worries of political noise at home. The local […]
