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Consortium wants to design, develop national ID infra solution

A consortium of businesses has submitted an unsolicited proposal to the Philippine Statistics Authority to design and develop a national identity infrastructure solution......»»

Source: philstar philstarCategory: finance12 hr. 19 min. ago Related News

Pernia wants a ‘more analytical’ draft federal charter

Socioeconomic Planning Secretary Ernesto Pernia said the draft federal constitution must provide an “analysis” on the impact of the proposed change in form of government on the country’s economy and fiscal profile......»»

Source: philstar philstarCategory: finance12 hr. 19 min. ago Related News

Jollibee Foods Corp. earnings up 16.1% in first half

Homegrown food giant Jollibee Foods Corp. on Tuesday reported a 16.1 percent rise in its earnings in the first half of the year......»»

Source: philstar philstarCategory: finance12 hr. 19 min. ago Related News

Philippine economy seen weathering possible Turkey contagion

The Philippine economy is resilient enough to weather external headwinds, the Bangko Sentral ng Pilipinas said amid growing fears the financial crisis in Turkey could affect the global banking system and economy......»»

Source: philstar philstarCategory: finance12 hr. 19 min. ago Related News

To address inflation, DoE issues order that will bring back Euro 2 diesel

The Department of Energy (DoE) has issued a directive to oil companies to start selling Euro 2 diesel even ahead of the Environment department’s say on the matter and going against the past administration’s drive to shift to the cleaner Euro 4. In a press conference on Tuesday, Aug. 14, Energy Undersecretary Felix Wiliam B. […] The post To address inflation, DoE issues order that will bring back Euro 2 diesel appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

EastWest posts lower first-half profit

East West Banking Corp. (EastWest Bank) saw its net income decline in the first half of the year following the suspension of the public school teachers’ salary loan program. In a regulatory filing Tuesday, Aug. 14, the Gotianun-led bank posted a net income of P2.2 billion in the six months ending in June, down 11% […] The post EastWest posts lower first-half profit appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

Robredo presents evidence that could invalidate Marcos’ electoral protest

Vice President Maria Leonor G. Robredo presented ballot images from 25 precincts that will invalidate the electoral protest of her then VP opponent, Ferdinand ‘Bongbong’ R. Marcos Jr. In a statement on Tuesday, Aug. 14, Robredo’s lawyers requested the Presidential Electoral Tribunal (PET) to “deny the motion of Marcos to hold in abeyance the use […] The post Robredo presents evidence that could invalidate Marcos’ electoral protest appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

LGUs raise issue on local business tax amnesty provision

The House Committee on Ways and Means is closer to approving the substitute bill of Package 1B of the Tax Reform for Acceleration and Inclusion (TRAIN) law, but will take a stop over due to issues on the Real Property and Local Business Tax Amnesty provisions. Quirino Rep. Dakila Carlo E. Cua said on Tuesday, […] The post LGUs raise issue on local business tax amnesty provision appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

Lopez Holdings Q2 earnings surge by 43%

Lopez Holdings Corp. reported a net income of P1.03 billion in the second quarter, higher by 43% compared with year ago’s P721-million profit attributable to the equity holders of the parent firm, with the stable showing of its energy unit boosting the quarterly results. “The stable performance of the energy group under associate First Philippine […] The post Lopez Holdings Q2 earnings surge by 43% appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

E-Vest, a mobile platform for crowdfunding renewable energy

Two college students will be going head-to-head with 12 other teams from around the Asia-Pacific region to find out whose tech solution is best positioned to help solve the global energy crisis. The post E-Vest, a mobile platform for crowdfunding renewable energy appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

Government fully awards five-year Treasury bonds worth P15 billion

THE GOVERNMENT fully awarded P15 billion worth of five-year re-issued Treasury bonds (T-bonds) on Tuesday, Aug. 14. The yields climbed to 5.902%, from 5.592% in the previous auction. Prior to the awarding, rates in the secondary market stood at 5.9755%. National Treasurer Rosalia V. De Leon said that the bids priced in the rate hikes […] The post Government fully awards five-year Treasury bonds worth P15 billion appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

The Sales Call

In the last scene of The Wolf of Wall Street, the main character Jordan Belfort (portrayed by Leonardo di Caprio) gets introduced to an audience attending a sales training seminar. But, instead of speaking, Belfort gazes with laser like focus at the group in front of him. He walks to the front row and looks […] The post The Sales Call appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

Labor chief pushes for passage of Security of Tenure bill

Department of Labor and Employment (DoLE) chief Silvestre H. Bello said that his department is endorsing the Security of Tenure Bill (SoT) and proposed to the Legislative-Executive Development Advisory Council (LEDAC) to certify the bill as urgent. “Yun ang aking (That was my) proposal, that we will endorse it,” the Labor secretary said. He added that during […] The post Labor chief pushes for passage of Security of Tenure bill appeared first on BusinessWorld......»»

Source: bworldonline bworldonlineCategory: finance15 hr. 39 min. ago Related News

Foreign selling, ghost month weigh down stocks

The stock market is on a tailspin again, shedding 169.71 points, or 2.17 percent, to reach its sour ending at 7,635.27......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

Ayala income rises 7% to P16.1 B

Ayala Corp. grew its net income by seven percent in the first half to P16.1 billion......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

LT Group profit doubles to P9 B

LT Group Inc. (LTG), the conglomerate of taipan Lucio Tan, grew its net income by 97 percent to P8.96 billion in the first half as earnings from its tobacco business normalized......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

LRMC on track to start LRT-1 Cavite Extension

Light Rail Manila Corp. (LRMC) is confident to start construction of the Light Rail Transit Line 1 Cavite Extension as planned despite right of way (ROW) issues in some areas......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

Vista Land nets 17% more in H1

Vista Land & Lifescapes Inc., the property firm of the Villar Group, reported a 17 percent jump in net profit in the first half to P2 billion......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

T-bill rates down after rate hike

Treasury bills yesterday fetched lower rates as the aggressive 50-basis-point rate hike delivered by the Bangko Sentral ng Pilipinas (BSP) last week, the biggest in a decade, helped calm the markets......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News

Philippines eyes up to $1.5 B global bonds this year

The Philippines plans to raise between $1 billion to $1.5 billion through another dollar-denominated global bond issuance this year to prefund its foreign obligations maturing in January......»»

Source: philstar philstarCategory: financeAug 14th, 2018Related News