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JAZA upbeat on Philippines growth prospects

Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

LIST: Flights canceled on February 20

The Manila International Airport Authority on Tuesday announced that some domestic flights have been canceled due to bad weather......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

ALI to raise P50 billion in debt capital

Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

SMIC eyes 60 new Goldilocks stores

SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

GCash, CICC eye speedy response to fraud-related crimes

DICT Secretary Ivan Uy said that the partnership with the fintech company aimed to establish a “rapid incident response” on fraud-related crimes committed through GCash......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

First Gen seeks bids for LNG supply

Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

BOP swings to deficit in January

The country’s balance of payments swung to a deficit of $740 million in January, the highest in almost a year, as the government paid its foreign currency debt obligations......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

PDIC settles P614 million in deposit insurance claims

State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

15 PPP projects up for approval this year

Around 15 public-private partnership projects are expected to be submitted to the National Economic and Development Authority Board for approval this year, according to the PPP Center......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

Coming of age party

It was sort of a coming of age party for the next generation of stewards of the Ayala Group with the master of ceremonies, Rene Almendras, deftly weaving in the 190th anniversary theme of the historic conglomerate into the Ayala Group’s media night games held Friday, Feb. 16, at the Dusit Thani Hotel in Makati......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

Rate cuts to help investments regain momentum – economist

The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

DTI says Marcos overseas trips starting to yield results  amid growing foreign investments

President Ferdinand Marcos Jr.’s pitches to world leaders during his overseas trips have started to bear fruit, according to the Department of Trade and Industry......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

More investors interested in NAIA funding, says Ang

More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

MVP, RSA plan to list expressway behemoth

Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

Ecozone investments up 19 percent in 2 months

Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

Market ends 2-day slump, bounces above 6,800

The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

Quietly delivering

When Transportation Secretary Jimmy Bautista was still president of Philippine Airlines, I had a long conversation with him about the need to expand and upgrade the facilities at NAIA......»»

Source: philstar philstarCategory: finance11 hr. 49 min. ago Related News

What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»

Source: philstar philstarCategory: financeFeb 20th, 2024Related News

Larry Summers warns that the war vs inflation might not be over

Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»

Source: philstar philstarCategory: financeFeb 20th, 2024Related News