House moves to suspend fuel tax
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THE HOUSE Committee on Ways and Means on Thursday approved a bill that would temporarily suspend or lower the excise tax on…
NPL ratio eases to 4.43% in September
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SOURED LOANS held by banks slipped month on month in September, bringing the nonperforming loan (NPL) ratio slightly lower to 4.43%, data…
PEZA says investment pledges decline by 13.7%
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REUTERS THE Philippine Economic Zone Authority (PEZA) reported a 13.7% decline in approved investments in the first 10 months of 2021, reflecting…
Vehicle sales slip in October
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AUTOMOTIVE SALES dropped by nearly 10% year on year in October, although the industry remains confident full-year sales will be better than…
World's record food bill is hitting poorer countries
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The world’s food-import bill is set to jump even more than expected to a record this year, increasing the threat of hunger,…
Converge income rises as pandemic boosts demand
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https://www.convergeict.com/ By Arjay L. Balinbin, Senior Reporter CONVERGE ICT Solutions, Inc. on Thursday said its attributable net income for the third quarter…
SMC net income rises to P34.2B
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San Miguel Corporation head office in Ortigas, Mandaluyong City, October 26, 2014 SAN MIGUEL Corp. (SMC) on Thursday said its consolidated net…
Shakey's cuts net loss to P49.28 million in Q3 on better system-wide sales
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FACEBOOK.COM/SHAKEYSPH SHAKEY’S PIZZA Asia Ventures, Inc. saw its net loss narrow by 71% to P49.28 million in the third quarter from P171.95…
Meralco considering nuclear en route to zero coal by 2050
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THE Manila Electric Co. (Meralco) said it is considering nuclear energy as well as renewable energy in order to go completely coal-free…
Dune, A Quiet Place II are the first films shown as Cinemas open after 20 months
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MAINTENANCE personnel of the Eastwood Mall in Quezon City sanitize chairs in a cinema on Nov. 9, a day before the re-opening…