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BoP marks 6th month of surplus in April May 20, 2019

THE COUNTRY’s balance of payments (BoP) -- a summary of the Philippines’ economic transactions with the rest of the world for a given period -- registered a surplus for the sixth month in a row in April due to inflows from the central bank’s foreign exchange operations and income from its investments abroad that were […]

Gov’t on road show to draw interest to energy auction May 20, 2019

THE DEPARTMENT of Energy (DoE) is taking to the United States and other parts of the globe its road show to drum up interest in the Philippine Conventional Energy Contracting Program (PCECP) after it extended the deadline for investors to submit their application to explore pre-determined oil and gas reserves in the country.

No more tax reforms to make it out of 17th Congress May 20, 2019

THE 17th CONGRESS will likely end with enactment of the anti-terrorism, the security of tenure and the expanded anti-wiretapping measures, but without any of the remaining tax reforms wanted by the Executive, Senate leaders signaled on Monday.

Trade department notes investors lured from China May 20, 2019

THE DEPARTMENT of Trade and Industry says the Philippines has been able to attract investors from China, which is in the middle of a trade war with the United States.

AGI earnings increase 21% in Q1 May 20, 2019

ALLIANCE GLOBAL Group, Inc. (AGI) delivered a 21% increase in attributable profit in the first quarter of 2019, driven by the steady growth of its property, liquor, and quick-service restaurant businesses.

DoTr prepares to award rolling stock contract May 20, 2019

THE Department of Transportation (DoTr) is set to award the contract to provide train sets for the Tutuban-Malolos segment of the North-South Commuter Railway (NSCR) project by end-May or early June.

Manila’s most expensive condo costs P550,000 per square meter May 20, 2019

A LUXURY condominium project is now pre-selling at a whopping P550,000 per square meter (sq.m.), making it the most expensive in Metro Manila, according to Colliers International.

Huawei assures continued security support for Android smartphones May 20, 2019

HUAWEI TECHNOLOGIES Co., Ltd. on Monday said it will continue to provide security updates and services for its smartphones and tablets, after Alphabet, Inc.’s Google said it would restrict the Chinese technology giant from updates to the Android operating system.

How the Philippines saved more than a thousand Jews from Hitler May 20, 2019

A LESSER-KNOWN historical event that took place during the administration of President Manuel L. Quezon is the topic of the film Quezon’s Game. Directed by Matthew E. Rosen and produced by ABS-CBN’s Star Cinema, it will be released nationwide on May 29.

Nova Group completes NEX Tower in Makati May 20, 2019

PROPERTY DEVELOPER Nova Group has completed the development of NEX Tower, a 28-storey office building along Ayala Avenue in Makati City, and tenants are beginning to move in.