Property sector fastest-growing in Q4

April 29, 2016 9:43 pm

The country’s real estate sector was the fastest growing industry in terms of gross revenue during the fourth quarter of last year, according to the Philippine Statistics Authority (PSA). PSA’s Total Gross Revenue Index for the last quarter of 2015 … Read more »

Project costs trim IRC’s 2015 profits

April 29, 2016 9:42 pm

LISTED property developer IRC Properties Inc. said net income in 2015 dropped by around 38 percent from the previous year as higher development costs for one of its projects weighed on earnings. In a financial report to the Philippine Stock … Read more »

Semirara, MGen to build 700MW power plant

April 29, 2016 9:41 pm

SEMIRARA Mining and Power Corp. and Meralco Powergen Corp. (MGen) said on Thursday they have executed and entered into a joint venture agreement (JVA) for the purpose of owning, constructing and operating a 700-megawatt coal-fired power plant to be located … Read more »

Bus fares soon payable with beep cards

April 29, 2016 9:40 pm

BEEP cards, the tap-to-pay contactless payment system, may soon be used to pay for premium point-to-point (P2P) bus fares. Beep card maker AF Payments Inc. (AFPI) announced on Friday that it has entered into partnerships with P2P bus operators. “Agreements … Read more »

China raises yuan rate by most in 11 years

April 29, 2016 9:39 pm

SHANGHAI: China on Friday raised the exchange rate for the yuan currency against the US dollar by 0.56 percent from the previous day, the biggest increase in almost 11 years. The People’s Bank of China (PBoC) fixed the yuan at … Read more »

IMF announces $1.5-B loan for Sri Lanka

April 29, 2016 9:38 pm

COLOMBO: The International Monetary Fund (IMF) has agreed a $1.5 billion loan for Sri Lanka in support of economic reforms aimed at reversing a two-decade decline in tax revenue and reviving growth, it said on Friday. The IMF’s chief for … Read more »

Taiwan extends recession as exports fall again

April 29, 2016 9:33 pm

TAIPEI: Taiwan’s economy shrank in the first quarter of 2016, figures showed Friday, prolonging a recession that began last year, as exports fell by double digits. Sagging global demand for the island’s high tech goods, along with growing competition from … Read more »

Comcast to buy DreamWorks Animation for $3.8B

April 29, 2016 9:32 pm

WASHINGTON, D.C.: DreamWorks Animation, the studio behind family blockbusters “Kung Fu Panda” and the Oscar-winning “Shrek,” is being snapped up by US entertainment and cable giant Comcast in a $3.8 billion deal announced Thursday. Originally part of the DreamWorks group … Read more »

Pooled fund investment strategies

April 29, 2016 9:31 pm

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” —Peter Lynch The most popular investment tool for beginners is usually the pooled … Read more »

Communities with vastly contrasting ecology, amenities

April 29, 2016 9:28 pm

I  LIVE in Sta. Mesa, Manila—at the very center of Metro Manila—where there is never a dull moment. Recently, I had the opportunity to enjoy a “staycation” at an exclusive and posh village in the south of the metropolis. I … Read more »



Pooled fund investment strategies


Communities with vastly contrasting ecology, amenities


Leapfrogging the economy

The C-Suite Corner

An investment beyond measure


Nominating independent directors