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Ynares twin bill opens PBA Governors’ Cup

THE season-ending Philippine Basketball Association (PBA)Governors’ Cup kicks off today with a double-header set at the Ynares Center in Antipolo City. The post Ynares twin bill opens PBA Governors’ Cup appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Philippines wins opener over Kazakhstan, 96-59

THE Philippine Basketball Association-powered national team got its 18th Asian Games campaign to a good start on Thursday, defeating Kazakhstan, 96-59, in their preliminary Group D match at the Gelora Bung Karno Basketball Hall in Jakarta, Indonesia. The post Philippines wins opener over Kazakhstan, 96-59 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Defining rich

THE word “rich” has various definitions. It depends on the context — material or spiritual. The post Defining rich appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

When the rain comes

ACCIDENTS, or simply the unexpected, are not necessarily bad. Think penicillin. Or x-rays. Things created or existing because of mistakes or happenstance. Sometimes, one can get a pretty nifty song out of it too. The post When the rain comes appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Ship of fools

WERE they fools duped into boarding the “federalist ship,” and drafting and defending a constitution that would supposedly bring into fruition President Rodrigo Duterte’s oft-repeated claim that a shift to a federal form of government would accelerate the development of the country’s poorest regions? At least one member of the Duterte-appointed Consultative Committee (Con-Com), who helped write the draft that’s now in Congress, is beginning to think so. The post Ship of fools appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

The Barangay System

I HAVE always thought that the barangay system, if properly harnessed, can provide great benefits to the country in molding the desired cultural and social character of the Filipino. The post The Barangay System appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Shares slump anew as lira’s drop dents sentiment

THE MAIN INDEX slumped on Thursday, ending at the 7,500 level as investor confidence continued to take a hit from the plunge in Turkey’s currency. The post Shares slump anew as lira’s drop dents sentiment appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

Peso rebounds against US dollar as Qatar’s pledge supports lira

THE PESO strengthened slightly against the dollar on Thursday as Qatar’s investment pledge supported the Turkish lira. The post Peso rebounds against US dollar as Qatar’s pledge supports lira appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

ADB adjusting microgrid business model to allow private investment

THE Asian Development Bank (ADB) said it plans to scale up its Philippine pilot microgrid project by employing a business model that will not require grant money from the multilateral lender. The post ADB adjusting microgrid business model to allow private investment appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

NLEX Harbor Link main line seen finished by end-2018

THE Department of Public Works and Highways (DPWH) said it has delivered 95% of the right-of-way required for the North Luzon Expressway (NLEX) Harbor Link Segment 10 and expects the main line in Valenzuela City to be completed by the end of the year. The post NLEX Harbor Link main line seen finished by end-2018 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance51 min. ago Related News

DOF sees faster GDP growth in H2

The Department of Finance (DOF) remains confident the economy would grow faster in the second half of the year on the back of larger investment inflows and exports, higher infrastructure expenditures, and improved revenue efforts......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

Remittances drop in June

Remittances from overseas Filipino workers contracted in June, tumbling to the lowest level in three months amid the decline in the deployment of Filipino workers due to the government’s repatriation program in the Middle East, the Bangko Sentral ng Pilipinas reported yesterday......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

Index recovers as Turkey woes ease

The benchmark Philippine Stock Exchange index (PSEi) managed to inch up yesterday, curbed by lingering concerns over the Turkey contagion......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

Asean urged to improve emergency food aid program

The Association of Southeast Asian Nations (ASEAN) needs to enhance coordination and response to emergency food aid requirement using its rice reserves especially in times of calamities, according to a new policy brief by the Asian Development Bank Institute (ADBI)......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

GSIS earmarks P2 billion loans for recent typhoon victims

State-run Government Service Insurance System (GSIS) has earmarked more than P2 billion for emergency loans to active members and old-age pensioners who are victims of tropical storms Henry, Inday and Josie as well as Typhoon Vinta......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

5-year T-bonds fetch higher rates

The five-year treasury bonds fetched higher rates Tuesday as the Bureau of Treasury (BTr) successfully raised P15 billion......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

Term deposits hit record yields

The yields of term deposits breached four percent to hit record levels after the Bangko Sentral ng Pilipinas (BSP) delivered the biggest rate hike in 10 years to control rising inflationary pressures......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

GT Capital earnings reach P7.1 billion in H1

GT Capital Holdings Inc. reported a net income of P7.1 billion in the first half compared with P7.2 billion the previous year, reflecting the slowdown in the auto industry’s unit sales......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

Megawide profit rises 10% to P1.26 billion in H1

Megawide Construction Corp. reported a 10 percent increase in consolidated net profit in the first half to P1.26 billion, driven by the continued robust growth of its airport and construction businesses......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News

ODA remains vital to medium term plan — NEDA

Official development assistance (ODA) remains an important component in attaining goals under the country’s medium-term development plan, the National Economic and Development Authority (NEDA) said yesterday......»»

Source: Philstar PhilstarCategory: Finance12 hr. 25 min. ago Related News