Budget gap narrows to P122B in May
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The Bureau of Internal Revenue (BIR) collected P213.3 billion in May, down 1.54%. — PHILIPPINE STAR/RUSSELL PALMA By Luisa Maria Jacinta C….
PHL requires effort to exit FATF ‘gray list’
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THE LOGO of the Financial Action Task Force (FATF) is seen at the OECD headquarters in Paris, France, Oct. 18, 2019. —…
BSP chief sees above 6% growth in second quarter
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Vehicles are stuck in traffic in Manila, Philippines, June 20, 2023. — REUTERS THE PHILIPPINE ECONOMY may have expanded by over 6%…
NG to borrow P180B from domestic market in July
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BW FILE PHOTO THE NATIONAL GOVERNMENT (NG) plans to borrow P180 billion from the domestic market in July, the Bureau of the…
Investors overly optimistic on speed, cost of taming inflation, says IMF
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SINTRA, Portugal — The world’s top central banks may need longer to get inflation back down to target and a fresh bout…
ACEN steps up expansion with Vietnam acquisition
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AYALA-LED ACEN Corp. through its subsidiary in Vietnam has completed the first-phase acquisition of a solar power business in the regional neighbor. Patrice R….
San Miguel secures P100-B loan for MRT-7 project
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SAN MIGUEL Corp.’s (SMC) infrastructure unit has a P100-billion loan that is expected to hasten the construction of the Metro Rail Transit…
DMCI construction unit keen on more contracts to build data centers
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THE CONSTRUCTION unit of DMCI Holdings, Inc. is aiming for more contracts to build data centers, which its top official sees as…
A gift of music for Antonio and Andres Maigue
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ANTONIO MAIGUE and Michel Rabaud with Andres Maigue By Giselle P. Kasilag IN 2014, FLUTIST Antonio Maigue received a life-changing gift: his…
SMIC geothermal unit targets 600-MW capacity
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SM Investments Corp. (SMIC) said its wholly owned subsidiary Philippine Geothermal Production Co., Inc. (PGPC) is expanding its renewable energy capacity to…