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EU to preview green-friendly investment list

BRUSSELS, Belgium—The European Commission will next week present the first part of a “green taxonomy” list of energy sources and technology to be labelled as sustainable investments, but a question mark hangs over the inclusion of natural gas......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Market to trade in narrow range

Share prices will likely trade on narrow range this week as investors remain cautious given the current COVID-19 situation in the country......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Pampanga traders back NLEX projects

The Pampanga Chamber of Commerce and Industry Inc. expressed support to NLEX Corp. for various projects in Pampanga and nearby areas......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Rules of CREATE law expected in May

The newly-reconstituted Fiscal Incentives Review Board expects to complete the implementing rules and regulations of the Corporate Recovery and Tax Incentives for Enterprises Act by the third week of May, or around two months ahead of the 90-day deadline set under the law, the Department of Finance said over the weekend......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Lucio Tan in stable condition at hospital

Beer and tobacco tycoon Lucio Tan is in stable condition at a hospital after being infected by COVID-19, according to his daughter......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Petron earmarks P11b to finance ongoing projects

Petron Corp., the country’s largest oil company, is looking at capital expenditures of P11.048 billion this year to fund ongoing projects......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

PT& T executive expects steady growth in second half as gov& rsquo;t rolls out vaccination program

Philippine Telegraph and Telephone Corp. expects a steady growth towards the end of the year as the country rolls out its vaccination program, a top executive said over the weekend......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Robinsons Land increasing 2021 capital spending by 17% to P26b

Robinsons Land Corp., the property arm of the Gokongwei group, allocated P26 billion in capital expenditures for 2021, up 17.4 percent from P22.15 billion it spent last year......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

AG& P taps McDermott to deliver giant tanks for LNG terminal

Atlantic Gulf and Pacific Company of Manila Inc. awarded to McDermott International Ltd.’s CB&I Storage Solutions a contract for the engineering, procurement and construction of a liquefied natural gas storage tank on its LNG import and re-gasification terminal in Batangas province......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

PLDT Group may invest in Glovax& rsquo;s vaccine hub

The group of businessman Manuel Pangilinan plans to invest in vaccine supplier Glovax Biotech Inc., which is building a P7.2-billion manufacturing facility to produce vaccines against COVID-19......»»

Source: Thestandard ThestandardCategory: Finance7 hr. 7 min. ago Related News

Apex mining unit partners with Benguet small-scale miners

A subsidiary of Apex Mining Co. Inc. is set to roll out its Big Brother Small Brother program to support the livelihood of some small scale miners in Benguet......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Consumers seen saving P61.5 billion from pork imports

Filipino consumers are expected to save some P61.5 billion if more pork imports at lower tariffs will be available......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

AG& P taps Texas firm for LNG storage tanks

Atlantic Gulf and Pacific Co. of Manila Inc. has tapped a unit of Texas-based McDermott International, Ltd. to put up the storage tanks for its liquefied natural gas terminal in Batangas......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

FGen taps Jacobs to build Batangas LNG

Lopez-led First Gen Corp. has chosen Dallas-based Jacobs to build its interim liquefied natural gas terminal in Batangas......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Bayer Philippines builds vegetable farm in Laguna

German pharmaceutical and agricultural firm Bayer has built a second vegetable farm in the Philippines in line with its push for sustainable farming......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Aboitiz InfraCapital pushing through with regional airport bid

Aboitiz InfraCapital Inc. is sticking to its regional airport projects for now as the company said it was not interested to bid for the development of the Sangley Point International Airport, one of major airport projects in the country......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Rice inventory down 4.5% in March

The country’s rice inventory dropped 4.5 percent in March, according to data from the Philippine Statistics Authority......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Citi’s exit from retail banking presents opportunities for local banks

The decision of American banking giant Citigroup Inc. to exit the Philippine retail banking segment presents an opportunity to other major players in the industry......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Metrobank’s Fabian Dee is new BancNet president

Metropolitan Bank & Trust Co. president and chief executive officer Fabian Dee has been elected as president of electronic banking consortium BancNet Inc., succeeding retiring Bank of the Philippine Islands president and CEO Cezar Consing......»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News

Headless chicken

Ramon Tulfo’s comment must have hurt. He said the government is now steering the country like a “headless chicken” that is “running without direction.”.....»»

Source: Philstar PhilstarCategory: Finance13 hr. 7 min. ago Related News