Dollar reserves drop to $103B
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REUTERS THE COUNTRY’S dollar reserves declined as of end-May amid higher foreign currency withdrawals to repay debt and the lower valuation of…
Philippine banana growers plead for Japanese consumers to bear price hikes
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REUTERS TOKYO — The Philippines on Wednesday appealed directly to consumers in its top export market Japan to pay higher prices for…
Prime Infra unit plans world’s largest solar farm
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PIXABAY RAZON-LED Prime Infrastructure Holdings, Inc. (Prime Infra) plans to build what it claims to be the world’s largest solar power facility…
PCC clears AC Logistics acquisition of Air 21 stake
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THE Philippine Competition Commission (PCC) has given the green light to the proposed acquisition by Ayala Corp. unit AC Logistics Holdings Corp….
Cement group seeks safeguard for local manufacturers
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THE proposed extension of safeguard measures is needed to help the recovery of local cement manufacturers, according to the Cement Manufacturers Association…
ARQCapital plans to raise P1.5-B capital for SMEs
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ARQCAPITAL Partners, Inc. announced on Wednesday that it is planning to raise and deploy P1.5 billion in capital to around 20 to…
Philjets Aero Services acquires certification as distribution center
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PHILJETS Aero Services, Inc. announced on Wednesday that it was appointed by Safran Helicopter Engines as a certified distribution center (CDC) in…
Celebrating the local
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1 of 2 THE DIAMOND Hotel’s collaboration with Myke “Tatung” Sarthou gives a perfectly good reason to go to a hotel for…
Peso climbs on rate hike hints, stock market gains
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THE PESO strengthened versus the greenback on Wednesday as the incoming Bangko Sentral ng Pilipinas (BSP) chief hinted at rate hikes this…
PSE index ends higher, tracking Asian, US markets
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SHARES continued to rise on Wednesday on sustained bargain hunting and Wall Street’s rally and despite higher oil prices and the World…