Advertisements


Grab plans to revive motorcycle taxi service

Grab Philippines said Friday it plans to revive its motorcycle taxi operations after the government approved the resumption of the pilot study for ride-hailing services for motorcycles......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Globe, DITO tap Aboitiz InfraCapital for small cell sites

Aboitiz InfraCapital Inc. said Friday it secured separate deals with Globe Telecom Inc. and DITO Telecommunity Corp. for the deployment of small cell sites to boost network capacity and coverage......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Market rallies; JG Summit climbs

Stocks rallied Friday on bargain hunting to end a three-day slump, and on easing quarantine measures that are expected to limit the damage to the Philippine economy......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Fitch Solutions: Household spending to fall 8% this year

Household spending in the Philippines is expected to fall 8 percent this year amid the health crisis, before rebounding by 5.6 percent next year on the back of government stimulus measures, Fitch Solutions, a unit of Fitch Group, said in a report Friday......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Holcim& rsquo;s income rose 34% in third quarter

Cement producer Holcim Philippine Inc. said Friday net income grew 34.2 percent in the third quarter to P613.7 million from a year ago, on cost management and efficiency improvement initiatives across the business......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

BSP sees October inflation steady at mid-point range of 2.3%

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Friday inflation rate in October likely remained benign and steady at 2.3 percent, the mid-point of the bank’s forecast range, on slower increases in the prices of rice and fuel......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Angkas files for employee retrenchment amid crisis

Motorcycle taxi ride-hailing firm Angkas, despite adopting operational measures by reducing work hours and cutting the basic pay of employees to sustain financial obligations, could be in serious financial trouble, documents showed Friday......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

AREIT declared P844-million profit in nine months

AREIT Inc., the country’s first real estate investment trust, said Friday it posted a net income of P844 million in the first nine months, driven by the stable operations of its office leasing portfolio......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Metrobank& rsquo;s income before provisions climbed 41% to P52.4B in nine months

Metropolitan Bank and Trust Company said Friday income before provisions climbed 41 percent to P52.4 billion in the first nine months from a year ago on the back of a 20-percent increase in revenues......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

Toilet paper and pasta: France girds for 2nd lockdown

Paris, France—Stores and businesses across France were filled Thursday by people racing to get supplies—and maybe a last-minute haircut—ahead of a new coronavirus lockdown coming into effect at midnight......»»

Source: thestandard thestandardCategory: finance7 hr. 36 min. ago Related News

World Bank sees slower fall for remittances this year

Inflows from Filipinos abroad would decline 5% year-on-year in 2020, the multilateral agency said in a global migration report with KNOMAD, a think tank......»»

Source: philstar philstarCategory: finance8 hr. 53 min. ago Related News

Converge s revenue surge fails to impress investors on debut week

Share prices have tumbled 12% from Converge's initial price offer of P16.80......»»

Source: philstar philstarCategory: finance8 hr. 53 min. ago Related News

October inflation seen under control despite typhoon-induced supply woes

Typhoons that damaged crops and disrupted food supplies unlikely prompted inflation to accelerate that much in October, thanks to lower oil and water prices, the central bank said on Friday......»»

Source: philstar philstarCategory: finance8 hr. 53 min. ago Related News

Golden Haven memorial lots offer high investment return

With the COVID pandemic halting price increases in property developments, investments in Golden Haven memorial lots are now getting on the radar of smart investors......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

Bulacan Bypass Road Phase 3 nearly complete

The third phase of the Arterial Road Bypass project in Bulacan is on track for completion by December, the Japan International Cooperation Agency said......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

DTI unveils new marketing drive

The Department of Trade and Industry has unveiled a new marketing campaign to position the country as an attractive and reliable place for trade and investments......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

Semirara income down 64% to P3 billion

Semirara Mining and Power Corp. registered a 64 percent drop in its net earnings in the nine months to September due to lower prices and demand for coal and electricity......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

Pagcor’s 9-month profit plunges 97%

Earnings of state-run Philippine Amusement and Gaming Corp. plummeted in the first nine months as its income from gaming operations suffered following the temporary suspension of casino operations due to the pandemic......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

Business leaders welcome easing quarantine restrictions

Businesses welcome the easing of restrictions for shopping malls and commercial centers are prepared with health and safety measures in their establishments to ensure the safety of consumers who can now venture out of their homes......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News

iAcademy wins Global Brands award

Makati-based school iAcademy recently won an international award from UK-based publications company Global Brands along with other top-tier schools including Harvard, Massachusetts Institute of Technology and Nanyang Technological University......»»

Source: philstar philstarCategory: finance21 hr. 36 min. ago Related News