NG debt hits P13.75T as of end-Feb.
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The National Government’s outstanding debt reached a record P13.75 trillion as of end-February. — REUTERS/THOMAS WHITE/ILLUSTRATION By Keisha B. Ta-asan, Reporter THE…
Infrastructure spending jumps 13% in 2022
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Laborers work at a construction site in Manila, Philippines, Nov. 17, 2016. — REUTERS/CZAR DANCEL STATE SPENDING on infrastructure rose by 13.4%…
Businesses more upbeat on economy — BSP survey
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A view of Metro Manila. — PHILIPPINE STAR/WALTER BOLLOZOS BUSINESSES NOW have a more optimistic economic outlook this year, amid a return…
Agri stakeholders oppose LANDBANK-DBP merger
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SEVERAL former government officials are opposing the plan to merge Landbank of the Philippines (LANDBANK) with the Development Bank of the Philippines…
Monde Nissin incurs P13-B net loss in 2022
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MONDE NISSIN CORP. suffered a net loss of P13.03 billion in 2022, a reversal of its P3.12-billion net income a year earlier,…
MGen unit eyes Ilocos Norte solar plant expansion
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THE 68-MW “Garcia 2” Solar Project, located in the municipality of Currimao in Ilocos Norte. — VENAENERGY.COM MGEN RENEWABLE Energy, Inc. (MGreen)…
Sta. Lucia Land board clears six projects, P1.5-B loan
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LISTED real estate developer Sta. Lucia Land, Inc. said on Thursday that its board had approved taking out a P1.5-billion long-term loan…
DTI, Amazon tie up for entrepreneurs’ digital shift
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THE Department of Trade and Industry (DTI) partnered with Amazon Web Services (AWS) to help the digital transition of local entrepreneurs and…
CTA partially grants refund claim of Kuwait Airways
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CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) has granted part of Kuwait Airways Corp.’s appeal to refund its overpaid income taxes in…
Netflix tests idea of expanding gaming service to televisions
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NETFLIX, Inc. is working to bring its nascent video-game service to television sets for the first time, moving beyond smartphones and tablets…