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Category: Business

Apple’s market value surpasses $3 trillion as shares hit record

Apple’s market value surpassed $3 trillion on Friday, driven by its shares reaching a record high level. The US-based global tech firm witnessed its stock price soaring to a peak of US$192.60 per share, reflecting a gain of nearly 1.6 percent followin…

National savings up 26% in 2022

The country’s gross national savings went up by 26.6 percent to PHP4.90 trillion last year from PHP4.16 trillion in 2021. In a report on Thursday, the Philippine Statistics Authority (PSA) said non-financial corporations contributed the biggest saving…

Richest Pinoys encouraged to invest in ‘Maharlika’

The national government is open to striking joint ventures with the country’s richest Filipinos once the Maharlika Investment Fund (MIF) becomes operational. ‘We’re hopeful. Iyon pong mga conglomerates natin, we can also do some joint ventures, co-inv…

Property developer vows more growth in Bacolod business district

Property giant Megaworld Corp. is set to announce this year more developments at The Upper East, a 34-hectare modern central business district in this city inaugurated by President Ferdinand R. Marcos Jr. in October last year. ‘We still have a lot to …

C. Luzon remains PH’s top palay producer in Q1

Rice production in Central Luzon has increased by 12.2 percent during the first quarter of the year, making the region the consistent top producer of palay in the country. Based on the latest data from the Philippine Statistics Authority-Regional Stat…