PHILIPPINES NEWS AGENCY

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One hundred ten bank offices of various types were added to the existing bank offices in the Philippines in the first quarter of 2017. The figure was indicated in Circular Letter 2017-038 issued by Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr. on June 22. Of the total,…

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China-led Asian Infrastructure Investment Bank (AIIB) has agreed to co-finance the first phase of the Metro Manila Flood Management Project. This was disclosed by Finance Secretary Carlos Dominguez III, who represented the Philippines in the AIIB meeting in Jeju Island, South Korea early this month. Dominguez said he attended the…

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France has expressed interest in increasing trade and investments in the Philippines even amid fighting in Marawi City. “I don’t see so far any impacts of the current (Marawi) situation in the business,” French Ambassador Thierry Mathou told reporters. Mathou said more French companies were keen to invest and develop…

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MELBOURNE, Australia: A study published recently has brought Australian researchers a step closer to understanding gene mutations that can cause breast cancer. Scientists from the University of Melbourne and Peter MacCallum Cancer Center have for the first time accurately established the likelihood that carriers of the BRCA1 and BRCA2 gene…

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Oil firms will cut pump prices of gasoline by 35 centavos a liter and 20 centavos per liter for diesel and kerosene on Tuesday. Petron Corp., PTT, Jetti, Phoenix and Eastern Petroleum will roll back their prices at 6 a.m. while SeaOil and Flying V at 12:01 a.m. on Tuesday.

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Vista Land & Lifescapes Inc. is bullish on its retail unit, All Value Holdings Corp., with the expansion of the company’s commercial spaces and available lots within residential developments. Vista Land and All Value Chairman Manuel Villar Jr. has told reporters that the company will grow its retail business in…

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With the rainy season’s onset, a researcher of State think tank Philippine Institute for Development Studies (PIDS) urged the government to enhance its overall disaster risk financing and insurance (DRFI) program. PIDS also urged the government to expand its mechanisms to ease the impact of calamities like typhoons, floods and…

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A host-versus-champ collision between Far Eastern University (FEU) and De La Salle University will cap the opening weekend of the University Athletic Association of the Philippines (UAAP) Season 80 men’s basketball tournament. In a copy of the official schedule obtained by PNA on Friday, the Tamaraws, this season’s hosts, and…

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Second seed Francis Casey Alcantara and doubles partner Karunuday Singh of India were crowned doubles champion on Sunday in the US15,000 Hong Kong ITF Futures 1. Alcantara and Singh rallied past unseeded Japanese pair Tomohiro Masabayashi and Yuki Mochizuki, 6-3, 4-6 [11-9] in their title showdown at the Victoria Tennis…

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Vista Land & Lifescapes, Inc., the country’s largest homebuilder and leading integrated property developers, remains optimistic that its businesses will continue to grow in 2017, its 10th year listing anniversary. In a briefing at the Philippine Stock Exchange Plaza Friday, Vista Land President and CEO Manuel Paolo Villar said the…

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