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Forex
PHL debt now at 62.1% of GDP
REUTERSTHE National Government’s (NG) outstanding debt as a share of the gross domestic product (GDP) eased to 62.1% at the...
Banks’ NPL ratio falls to 21-month low in June
By Keisha B. Ta-asanSOURED LOANS held by Philippine banks fell for a fourth straight month in June, bringing the nonperforming...
Globe wants DITO to pay P622M for deal ‘violation’
By Arjay L. Balinbin, Senior ReporterGLOBE Telecom, Inc. on Tuesday said it recently requested the National Telecommunications Commission (NTC) to...
DMCI Holdings’ profit up 73% on energy, real estate growth
DMCI Holdings, Inc. reported on Tuesday that its second-quarter consolidated net income went up by 73% to P9.03 billion from...
Megaworld earnings rise 6.5% to P2.8B
MEGAWORLD Corp. recorded a 6.5% increase in its attributable net income to P2.82 billion for the second quarter from the...
ACEN income surges 25% as new plants deliver
ACEN Corp. reported a consolidated net income of P1.78 billion in the second quarter, 25.4% higher than the P1.42 billion...
NHCP launches project to mark 125th anniversary of Philippine independence
THE NATIONAL Historical Commission of the Philippines (NHCP) launched a multi-year project to mark the 125th anniversary of Philippine Independence...
Federal Land, Nomura Real Estate launch joint venture company
PROPERTY developer Federal Land, Inc. and Japan’s Nomura Real Estate Development Co., Ltd. (NRE) have partnered to form a joint...
Art News: Philosophy of Bruce Lee; antiquities returned to Cambodia, Benin
1 of 4SEATTLE/NEW YORK/LONDON — After a pandemic-induced delay, a permanent exhibition focused on Bruce Lee’s philosophy is opening at...
AirAsia Philippines targets up to five more domestic destinations
NEWSROOM.AIRASIA.COMLOW-COST carrier Philippines AirAsia, Inc. (AirAsia Philippines) said on Tuesday that it plans to expand its domestic network to three...
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