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By: Ben O. de Vera Philippine Daily Inquirer 01:06 AM March 14, 2017 http://business.inquirer.net/226102/btr-awards-p15b-treasury-bills Sustained robust market demand for government securities made the Bureau of the Treasury award all of the P15 billion in treasury bills offered Monday. The Treasury sold P6 billion in 91-day IOUs at an average rate of 2.374 percent. Tenders for […]
By Richmond Mercurio (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676367/cement-sales-rise-6.6-2016 MANILA, Philippines – The local cement industry finished 2016 with higher sales despite a slowdown in the fourth quarter due to unfavorable weather conditions. The Cement Manufacturers Association of the Philippines (CeMAP) said cement sales last year rose 6.6 percent to 25.96 […]
ABS-CBN News Posted at Feb 27 2017 07:43 PM http://news.abs-cbn.com/business/02/27/17/gas-prices-to-go-down-diesel-up-on-tuesday MANILA (UPDATE) – Gasoline prices will go down while diesel prices will go up on Tuesday, oil companies said Monday. Petron, Shell Philippines, SEAOIL, and Flying V said prices of gasoline will go down by P0.40 per liter while diesel prices will go up by […]
By Imee Charlee C. Delavin Posted on February 28, 2017 http://www.bworldonline.com/content.php?section=Economy&title=PPA-says-options-open-for-Sasa-port&id=141349 THE GOVERNMENT is still open to “any privatization” option for the Sasa Port redevelopment after the project is withdrawn from the list of public-private partnership (PPP) projects approved by the previous administration’s National Economic and Development Authority (NEDA) Board. The Philippine Ports Authority (PPA) […]
By Louella Desiderio (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676346/new-timeline-regl-airports-ppp-released MANILA, Philippines – The Department of Transportation (DOTr) has released the indicative timeline for the development, operations and maintenance of the P108 billion regional airports project under the public-private partnership (PPP) program, with the submission of qualification documents scheduled in April, and […]
By: Roy Stephen C. Canivel Philippine Daily Inquirer 12:07 AM February 28, 2017 http://business.inquirer.net/225368/p321-m-coconut-processing-plant-rise-palawan Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, the Board of Investments (BOI) said on Monday. In a statement, the BOI said the project was approved under the Investment […]
By Keith Richard D. Mariano Posted on February 28, 2017 http://www.bworldonline.com/content.php?section=Corporate&title=Century-Properties-targets-first-time-homebuyers-&id=141361 CENTURY PROPERTIES Group, Inc. is launching its residential line catering to first-time homebuyers within the second quarter, as it expands its portfolio consisting mostly of luxury and mid-priced condominiums in Metro Manila. The listed property developer made the announcement about three months after partnering […]
By Iris Gonzales (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676362/arthaland-taps-foreign-partners-premium-cebu-office-building MANILA, Philippines – ArthaLand Corp. has signed agreement with China Railway Dongfang Group and Knusford Berhard of Malaysia for a $166 million engineering, procurement and construction contract for its 38-story Cebu Exchange Project. China Railway and Knusford will form a joint venture […]
‘It can lead to burnout – or the physical, psychological, and emotional distress caused by a total inability to rest and a diminished balance between work and family,’ says House Bill 4721 MANILA, Philippines – A lawmaker has filed a bill seeking to allow employees to disconnect from work-related messages after office hours without penalty […]
As regulators make ready the results of an audit of all operating mines in the country, the Chamber of Mines of the Philippines (COMP) said the industry was important for the country’s thrust to revitalize the steel sector. “We see an increased demand for products and services from the metals industry especially in human resource […]
