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  2. 2017
    3. (Page 18)

2017

50 infrastructure projects worth P472-B in the works: PPP Center

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 […]

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NLEX Harbor Link Segment 10 completed by year-end — MNTC

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 Land Asia Listings
  • March 14, 2017
  • News
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Venezuela is down to its last $10 billion

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 […]

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Fed trumps Trump as dollar, US Treasury yields soar

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 […]

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FAST FACTS: Main points of Trump’s speech to U.S. Congress

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 […]

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House OKs death penalty

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 […]

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Duterte signs Paris climate deal

(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 […]

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Luzon placed on second-highest power alert

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 […]

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Peso slumps to new 10-year low as Fed officials talk up rate hike

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 […]

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PH economy kicks off 2017 with robust liquidity, bank lending

Domestic liquidity grows to P9.4 trillion while bank lending increases by 17.9% year-on-year in January By Rappler.com Published Wed, Mar 1, 2017 3:35 PM http://www.rappler.com/business/162913-philippines-liquidity-bank-lending-january-2017 MANILA, Philippines – The country’s financial sector began 2017 with domestic liquidity and bank lending both sustaining the gains seen last year. Preliminary data released by the Bangko Sentral ng […]

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