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Bangko Sentral ng Pilipinas shutters Iloilo-based rural bank

The Bangko Sentral ng Pilipinas (BSP) closed down another problematic rural bank, bringing to four the number of banks shuttered by the central bank......»»

Source: philstar philstarCategory: finance3 hr. 29 min. ago Related News

Celebrate a MANGAmazing weekend at the ‘Cebu Mangoes Festival’

World’s biggest ‘mango sago,’ a ‘mangopreneurs’ bazaar, and all-day mango picking activity highlight this festive weekend celebration at The Mactan Newtown.....»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

The Lexus of minivans

I’VE BEEN to just about every major motor show in every corner of the globe. I’m used to seeing sleek new models being unveiled. I’m used to seeing racecars and supercars that look incredibly fast (and often are). I’m used to seeing concept cars that are so outlandish that they often don’t even see the light of day......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

The Ultimate Sport Truck South African Adventure

IT WAS another round of guiltless pleasure all over again! This time Ford Philippines sent me to cover the landmark celebration of the Ranger Raptor super truck being built in Silverton, Pretoria, South Africa. I, along with journalists from Thailand, Vietnam, Australia, and South Africa, were the first wave of motor journalists to test the factory’s finished production super bakkies (I prefer how the South Africans refer to pickup trucks). The Silverton plant currently produces the Ranger pickup for export to 148 markets in Africa, the Middle East and Europe......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

Domestic Market Capitalization of select Stock Exchanges in Asia Pacific

Domestic Market Capitalization of select Stock Exchanges in Asia Pacific.....»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

QC could put land value hike on hold

QUEZON CITY (QC) residents and businesses are likely to get a reprieve from an already deferred hefty increase in real property tax looming in January next year, as Mayor-elect Maria Josefina “Joy” G. Belmonte said she plans to put on hold implementation of higher land fair market values (FMV) pending “further consultation with the people.”.....»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

San Miguel power unit disputes gov’t claim of unpaid fees

SOUTH PREMIERE Power Corp. (SPPC) said it had paid the government P289.1 billion since 2010 in various fees as administrator of the Ilijan power plant in Batangas, as it disputed the P19.75 billion in supposed unpaid dues being claimed by the state energy privatization agency......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

DM Consunji secures P4B worth of new contracts

CONSTRUCTION firm DM Consunji, Inc. secured almost P4 billion worth of new contracts in the first quarter of 2019, coming from a mix of infrastructure and building projects......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

GT Capital seeking partners to develop property in Cavite

GT Capital Holdings, Inc. is looking for local or foreign partners to help develop portions of the P20 billion worth of land it received after its divestment from Property Company of Friends, Inc. (Pro-Friends), a top official said last week......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

Highlighting Asia’s global startup leadership at annual conference Ignite 2019

With over 70 world-class speakers from 14 countries — including China, Singapore, Thailand, Indonesia, Taiwan, Malaysia, Germany, Sweden, and USA — and over 2,000 expected attendees, the third staging of Ignite Premier Innovation Conference will be the largest to date. Ignite is a two-day conference king place on June 24 and 25 at Makati Shangri-La, […].....»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

Midterm polls bare campaign lessons

THE RECENT MIDTERM elections showed the ineffectiveness of negative campaigning and the limits of social media drives, observers said in separate interviews late last week......»»

Source: bworldonline bworldonlineCategory: finance12 hr. 16 min. ago Related News

Filinvest Group allots $200 M for Clark Casino

Gotianun-led Filinvest Group is pouring in more than $200 million for its first ever integrated casino resort in Clark......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

Market may continue to weaken this week

The stock market is expected to continue to weaken this week after it was battered most of last week by fears of a full blown US-China trade war, analysts said......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

BSP simplifies registration for pawnshop, fx dealers, remittance firms

The Bangko Sentral ng Pilipinas (BSP) has further simplified the registration process for pawnshops’ money service businesses and remittance firms, bringing down the number of required documents......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

Economic cluster to review spending target

The Duterte cabinet’s Economic Development Cluster (EDC) is set to review this week the government’s spending target to determine if it is still achievable given the delay in the passage of the 2019 budget, the Department of Finance (DOF) said......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

SMC seeks exemptive relief on Holcim bid

San Miguel Corp., the diversified conglomerate that won the bid for Holcim Philippines, has asked the Securities and Exchange Commission (SEC) for exemptive relief......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

DTI imposes preliminary safeguard duty on ceramic floor, wall tiles

The Department of Trade and Industry (DTI) is imposing a provisional safeguard duty on imported ceramic floor and wall tiles to provide relief to local players hurt by increased imports......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

Megaworld expanding luxury residential footprint in McKinley

Megaworld Corp., the Andrew Tan-led property giant, is expanding its luxury residential footprint inside the 34.5-hectare McKinley West in Taguig with the launch of a new development......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

IC lowers risk charges on insurers’ infra investments

The Insurance Commission (IC) has lowered the risk charges for the infrastructure investments of insurance companies to encourage the industry to participate in the government’s massive infrastructure development efforts......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News

BSP shutters Iloilo-based rural bank

The Bangko Sentral ng Pilipinas (BSP) closed down another problematic rural bank, bringing to four the number of banks shuttered by the central bank......»»

Source: philstar philstarCategory: finance18 hr. 3 min. ago Related News