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‘Use PPPs for infrastructure, not to raise revenues’

A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

PSEi back to 6,600 level on Wall Street gains

The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Gains of BARMM highlighted in 5th anniversary feast

Personnel of regional agencies commemorated on Sunday the fifth founding anniversary of the Bangsamoro Autonomous Region in Muslim Mindanao, proud of what is for them markedly visible dividends it has gained from its security and economic initiatives since......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

Daily Guardian: Asian Stocks Rise Before Key US Inflation Data

Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

Jailed former PM Imran Khans Supporters Stir Election Upset: Pakistan Election Results Unveiled – The Daily Guardian

Title: Imran Khan’s PTI Party Defies Expectations, Gains Significant Seats in Pakistani Parliament In a surprising turn of events, former cricket star Imran Khan, along.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 9th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippine volleyball gains full Palace backing

Malacanang has thrown its full support for five major international volleyball competitions the country is hosting for the second semester of the year, beginning with the Asian Volleyball Confederation (AVC) Women’s Challenge Cup that kicks off on Wednesday, May 22, at the Rizal Memorial Coliseum in Manila......»»

Category: newsSource:  philstarRelated NewsMay 17th, 2024

Binan gains share of MPBL lead as Pampanga, Valenzuela win

Binan joined the leaders while Pampanga stayed right behind in the 6th MPBL (Maharlika Pilipinas Basketball League) Season on Monday at the Bren Z. Guiao Convention Center in San Fernando, Pampanga......»»

Category: sportsSource:  philstarRelated NewsMay 14th, 2024

FEF bucks proposal to restore NFA power

The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Anti-piracy IP code revision gains backing

A think tank is supporting the revision of the Intellectual Property Code to help crack down on piracy, noting the negative effects it causes on the country's economy and creative industry......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

JG Summit income triples

Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Index gains as investors gobble up bargain stocks

The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Philippine hosting of FIVB world men s volley tilt gains full backing from First Lady

The Philippines’ solo hosting of the FIVB Volleyball Men’s World Championship 2025 took one giant stride after First Lady Liza Araneta Marcos vowed her full support during an historic organizational meeting in Malacañang on Tuesday......»»

Category: sportsSource:  philstarRelated NewsMay 1st, 2024

Stocks snap 6-day win streak

The stock market snapped its six-day winning streak yesterday as investors opted to pocket gains......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Consistent Perez gains PBA Player of the Week nod as Beermen sweep elims

CJ Perez, whose consistent performance made him the latest winner of the PBA Press Corps-Pilipinas Live Player of the Week, cautioned that there’s still no assurance for the rampaging Beermen......»»

Category: sportsSource:  philstarRelated NewsApr 30th, 2024

Index soars on easing Mid East tensions

Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Economy likely grew by 6.2 percent in Q1

The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P)......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024