Diversified engineering conglomerate DMCI Holdings recorded a 9-percent drop in consolidated net income for the second quarter from PHP9 billion to PHP8.2 billion due to lower contributions from the coal, nickel and construction businesses. Excluding …
The United States (US) – Association of Southeast Asian Nations (ASEAN) Business Council, the largest American business contingent, pledged to pursue more investments in the Philippines. The commitment was made when the members of the US-ASEAN Busines…
The city government opened on Tuesday a trading post that will offer consumers organically-grown agricultural products at lower prices. The venture, launched in cooperation with the Department of Agriculture in the Caraga Region (DA-13) and the Butuan…
The recent spike in oil prices is seen as an aberration and is unlikely to reverse softening inflation for the remainder of the year’s third quarter, according to an industry expert. Fernando Martinez, chair of the Independent Philippine Petroleum Com…
The stock barometer and local currency closed Tuesday’s trading with gains as the market anticipated lower inflation rate in July. The Philippine Stock Exchange index (PSEi) increased by 2.33 points. However, it failed to return to the 6,600-mark as i…
