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Now Corp.’s shares surge by 22 percent

Despite finishing among decliners last Friday, the shares of Now Corp. still recorded a double-digit, week-on-week growth. Now’s shares declined by 14 centavos or 4.56...

IT services grew on eve of global crisis

ON the eve of the worst global financial crises in decades, the Philippines’ information technology (IT) service industry had grown by double-digits,...

Laguna Lake loan OK’ed?

THE Philippine central bank has approved in principle a multimillioneuro loan by the Department of Environment and Natural Resources for...

Asian currencies to gain from yuan revaluation, say analysts

TOKYO: Speculation of an imminent yuan revaluation has boosted other Asian currencies against the dollar recently, reflecting the region’s world-leading...

PAL to spin off non-core units after losses

PHILIPPINE Airlines (PAL) will spin off its three non-core units next month, after incurring losses during its past two fiscal years.

NLEX operator warns levy on toll to dampen sales

THE operator of North Luzon Expressway (NLEX) said the the 12-percent value-added tax (VAT) on tolls could temper sales growth...

ABS-CBN claims snatching market share from rival

ABS-CBN Broadcasting Corp. said it has eaten into the audience share of its leading rival in Mega Manila.

Highlands profit falls on one-time cost

HIGHLANDS Prime Inc. reported a huge drop in its profit last year on the back of adjustments to cost of...

Real estate developer to build new resort near Puerto Galera

A REAL estate firm would put up a P300-million eco-tourism facility in Pola, Oriental Mindoro, in partnership with the municipal...

ExxonMobil to drill third well in Sulu

THE Philippine unit of oil giant ExxonMobil will start drilling a third exploration well in the South Sulu Sea by...

Swiss company says cigarette stamp-tax lower than feared

SWITZERLAND-BASED Sicpa Products Security SA said it would charge “substantially” lower than 50 centavos per pack once its multibillion-peso stamp-tax...

Fare hike ruled out for 12 provincial bus routes

The Land Transportation Franchising and Regulatory Board (LTFRB) said there would be no fare increase for the 12 modified provincial bus routes in Central...

Casimero crushes Micah, wants Inoue next

Filipino boxer John Riel Casimero emerged victorious in his first defense of the World Boxing Organization bantamweight crown with a third-round stoppage of erstwhile unbeaten...

Recruitment groups deplore slow deployment process

Recruitment agencies have complained about the alleged slow processing of job orders by the Philippine Overseas Employment Administration (POEA). Recruitment consultant and migration expert Emmanuel...

DepEd urged to boost partnerships with telcos

SEN. Mary Grace Poe has urged the Department of Education (DepEd) to further improve its partnerships with telecommunication companies (telcos) and the private sector to enable...

Bong Go opens Zambales’ first Malasakit Center 

SEN. Christopher “Bong” Go opened in Zambales the country's  84th Malasakit Center over the weekend. The senator attended the virtual launch of the Malasakit Center at...
 

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