NOW Corp. net income improves nearly 12%
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NOW Corp., a listed company with businesses in telecommunications, media, and technology, saw its attributable net income for the second quarter of…
Stocks decline on profit taking, recession fears
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STOCKS slumped further on Tuesday on continued profit taking amid growing concerns over a global recession as central banks continue to tighten…
Peso climbs vs dollar as RTB offer starts
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THE PESO rebounded versus the dollar on Tuesday on the back of the government’s ongoing retail bond offering. — BW FILE PHOTO…
PNR cancels bids for 3 projects after finding them ‘non-feasible’
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THE Philippine National Railways (PNR) has canceled procurement for three projects, including a P1.8-billion design and build contract relocating track between Solis…
Senate grills Rodriguez on approval procedures for sugar import order
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PHILIPPINE STAR/ EDD GUMBAN EXECUTIVE Secretary Victor D. Rodriguez faced questioning in the Senate over whether a draft sugar import order went…
Trade dep’t expecting sugar price monitoring report by Friday
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PHILIPPINE STAR/ MICHAEL VARCAS THE Department of Trade and Industry (DTI) said it is taking on the additional role of monitoring sugar…
Fisherfolk seek halt to reclamation on municipal fisheries
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PHILIPPINE STAR/ EDD GUMBAN A FISHERFOLK organization said the government must declare municipal fishing grounds for the exclusive use of small fishermen,…
Supreme Court rules petitioners have no standing in PDS ‘monopoly’ case
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THE Supreme Court (SC) has dismissed a petition alleging that the Philippine Dealing System Holdings Corp. (PDS) enjoys a monopoly in the…
ERC signals planned overhaul of regulatory practices via benchmarking exercise with regional counterparts
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THE Energy Regulatory Commission (ERC) said on Tuesday that it will consult with counterpart regulators in the region to determine best practices…
Malaysian trade official urges PHL to sign up for RCEP
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A MALAYSIAN trade official urged the Philippines to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement, citing the benefits from improved…