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Meralco rolls out eSakay eJeeps

Manila Electric Co.’s (Meralco) venture into transport service networks, eSakay Inc., has launched its initial service, plying one of Metro Manila’s busiest commuting routes......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

Philippines economic growth to fall below expectations

The Philippine economy is expected to grow way below expectations this year and next, but can still be expected to be one of the fastest growing economies in Emerging Asia, according to London-based think tank Capital Economics......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

Stocks ride on US gains to soar back past 8,000

The stock market soared yesterday, returning to the 8,000 mark as conglomerates, industrials and property companies led the market’s ascent......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

Several insurers still to comply with higher capital requirement

A number of insurance companies in the country are still far from achieving the P900 million net worth requirement for insurance players which should be implemented by the end of 2019, the Insurance Commission (IC) said yesterday......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

BSP expects inflation back at 2 to 4% target

The Bangko Sentral ng Pilipinas (BSP) said inflation may revert back to the two to four percent target this year despite the uptick in the pump prices of petroleum products brought about by rising global prices and higher excise tax......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

Chinese tower firm signs up with DICT

China Energy Equipment Co. Ltd. (CEEC), the latest international tower provider which inked a deal with the Department of Information and Communications Technology (DICT), has expressed readiness in providing for the bulk of the country’s additional common telecommunications infrastructure needs......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

Cartel whistleblower program set in motion

The Philippine Competition Commission (PCC) will start enforcing today (Jan. 19) its Leniency Program, a mechanism that allows cartel insiders to come forward in exchange for immunity from prosecution and lighter penalties under the competition law......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

DTI defends safeguard duty on cement imports

The Department of Trade and Industry (DTI) defended its move to impose provisional safeguard duty on cement imports, saying it would not lead to shortage but instead encourage local manufacturers to invest in increased production......»»

Source: Philstar PhilstarCategory: FinanceJan 18th, 2019Related News

eSakay looking to expand eJeep fleet

ELECTRIC vehicle solutions provider eSakay, Inc. is looking to expand its fleet, depending on the public’s reception to its initial 15 “eJeeps” plying the MRT Buendia Station-Mandaluyong City Hall route for about a month now......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Peco assures no power disruption despite end of franchise

THERE will be no power disruption in the Iloilo area despite the end of the franchise of Panay Electric Co. (Peco), the Department of Energy (DoE) said on Friday......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

IRRI calls for gov’t preparations amid monitoring of El Niño

Los Baños, Laguna — The International Rice Research Institute (IRRI) called for preparations against the threat of the El Niño weather phenomenon as being currently monitored by the state weather bureau......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Palace bares new appointees

Malacañang on Friday disclosed three new appointees of President Rodrigo R. Duterte in the Department of Social Welfare and Development (DSWD) and the Department of Tourism (DoT)......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Palace slams PHL assessment by ACLED, Human Rights Watch

THE Philippines does not need the lectures of “inexpert foreign groups on how the run a nation,” Malacañang said on Friday, following a report by a US-based non-governmental organization which labeled the country as a “war zone in disguise.”.....»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Poll expectations in Duterte’s promises inches up

MORE adult Filipinos expect President Rodrigo R. Duterte to fulfill most, if not all of his promises, the Social Weather Station reported on Friday......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Duterte to reach out to Misuari after BOL ratification

PRESIDENT Rodrigo R. Duterte expressed his intention to talk to Nur Misuari after the ratification of the Bangsamoro Organic Law (BOL) in order to forge a peace agreement with the Moro National Liberation Front (MNLF)......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

December BoP surplus biggest in more than six years

THE PHILIPPINES’ balance of payments (BoP) posted the biggest surplus in more than six years in December, which also marked the second straight month of surfeit, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, but it still ended 2018 with a wider deficit than in 2017......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Lending standards ‘broadly’ steady in Q4, but more banks tighten criteria

BANKS in the country widely maintained lending criteria in 2018’s final quarter, although those that tightened such standards outnumbered those who eased theirs, according to results of the latest Senior Bank Loan Officers’ Survey which the Bangko Sentral ng Pilipinas (BSP) reported on Friday......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Hanjin receiver gets down to work

THE REHABILITATION RECEIVER for Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Phil) has bucked down to work, aiming first to determine the viability of the shipbuilder’s plan to pay its creditors, suppliers and remaining workers......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 18th, 2019Related News

Sub-standard steel bars in South Luzon

Sub-standard steel bars in South Luzon.....»»

Source: Thestandard ThestandardCategory: FinanceJan 18th, 2019Related News

DPWH to complete Mindanao Ave. road

DPWH to complete Mindanao Ave. road.....»»

Source: Thestandard ThestandardCategory: FinanceJan 18th, 2019Related News