Nov. inflation likely at 7.8% — poll
Trade Undersecretary Ruth B. Castelo checks the prices of noche buena products in a supermarket in Manila, Dec. 2. — PHILIPPINE STAR/ EDD GUMBAN By Keisha B. Ta-asan, Reporter INFLATION…
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PHL not ready for sovereign wealth fund — analysts
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS/THOMAS WHITE/ILLUSTRATION By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES is not ready for a…
Gross borrowings drop 33% as of end-October
PEXELS-JOHN GUCCIONE GROSS BORROWINGS by the National Government (NG) declined by 32.7% year on year as of end-October, preliminary data from the Bureau of the Treasury (BTr) showed. According to…
Villar set to launch 80-hectare casino complex
AIDAN HOWE-UNSPLASH A SUBSIDIARY of Villar-led Prime Asset Ventures, Inc. is set to launch an 80-hectare casino and entertainment complex in the Las Piñas-Parañaque area by 2023. Villar Group Chairman…
DMCI Homes plans to launch a P7-B high-rise project
REAL-ESTATE developer DMCI Homes, Inc. is targeting to launch a high-rise condominium project in Caloocan by January next year, according to its president. “Wala ng [projects] this December, January na……
ICTSI receives third repayment from Sudan on canceled port deal
PORTS operator giant International Container Terminal Services, Inc. (ICTSI) said it recently received a third partial repayment from the Sudanese government in relation to the canceled port concession. “After further…
Fendi goes beyond clothes
1 of 2 A BIG bed with a beautiful textured headboard worth more than P2 million. That’s not very easy to ignore. If one sees a person wearing the bold…
Balenciaga designer, CEO apologize for ad campaign featuring children
STOREFRONT of a Balenciaga store in New York City on Dec. 2. — PHOTO BY JOHN NACION/NURPHOTO VIA REUTERS PARIS — French fashion house Balenciaga’s creative director and chief executive…
Maynilad allots P1.5 billion for pumping station projects
MAYNILAD Water Services, Inc. (Maynilad) has set aside P1.5 billion for the rehabilitation of its 17 pumping stations, the west zone water concessionaire said on Saturday. “Through these infrastructure investments,…
SEC still keen on having 888 companies enter capital market
THE Securities and Exchange Commission (SEC) said it is on track to meet its goal of having 888 companies tap the capital market for core fundraising by 2024. “To be…