Business

Top Stories

GrabCar to spend P176-M for passenger safety

As of 05/26/2015 5:32 PM
MANILA – Private car booking service GrabCar is planning to spend around P176 million to boost efforts in guaranteeing the safety and security of its customers. Full article

IMF revises up 2015, 2016 inflation forecasts for PH

As of 05/26/2015 4:30 PM
MANILA - The International Monetary Fund (IMF) said on Tuesday it raised its inflation forecasts for the Philippines this year and the next, mainly due to the impact of the El Nino dry weather phenomenon on food prices. Full article

Meralco seeks P40-B syndicated loan for power project

As of 05/26/2015 4:22 PM
MANILA - Manila Electric Co. (Meralco) said on Tuesday it expects to close a P40 billion ($895 million) loan deal with a syndicate of local banks by the third quarter to finance a coal-fired power plant project. Full article

NFA sees price spike for commercial rice in July

As of 05/26/2015 2:26 PM
MANILA – The National Food Authority (NFA) said commercial rice prices may likely increase by P1-P2 per kilo in the lean months starting July. Full article

NWRB sees delay in irrigation supply for wet season

As of 05/26/2015 2:22 PM
MANILA – The National Water Resources Board (NWRB) expects a delay in the irrigation supply of the crops for wet season planting for Bulacan and Pampanga farmers. Full article

Canadian companies looking for partners in PH

As of 05/26/2015 1:58 PM
Canada's trade mission to the Philippines is expected to help Canadian companies take advantage of the opportunities available in the Philippines, one of the most dynamic and fastest-growing countries in Asia. Full article

DA: El Nino damage to farm output at P2.2-B

As of 05/26/2015 1:14 PM
MANILA – The Department of Agriculture (DA) estimates over P2 billion of crops have already been damaged due to El Nino. Full article

Business groups urge gov't to implement reforms

As of 05/26/2015 12:01 PM
MANILA – Local and foreign business groups are calling on the government to implement key reforms as President Aquino enters his last year in office. Full article

Back to school: Tips on how to manage expenses

As of 05/26/2015 11:52 AM
MANILA – It's that time of the year when parents need to cough up a tidy sum to pay for school fees. With tuition rates increasing in tandem with the prices of school supplies, parents of school-aged children usually find themselves experiencing cash flow challenges at this time of the year. Full article

March imports down 6.8 pct, lowest value in 9 months

As of 05/26/2015 10:48 AM
MANILA – Philippine imports in March fell 6.8 percent from a year earlier, the Philippine Statistics Authority said Tuesday. Full article

Profiles

Philippine internet speed: So slow and so far behind

Philippine internet speed: So slow and so far behind

The Philippines is way behind other countries in the Asian region where the fastest and second fastest Internet speeds in the world are found. In the latest Ookla household download index, the Philippines ranks 21st out of 22 countries in Asia, trailed only by war-torn Afghanistan.

Business Specials

Back to school: Tips on how to manage expenses

Tips on how to manage expenses

MANILA – It's that time of the year when parents need to cough up a tidy sum to pay for school fees. With tuition rates increasing in tandem with the prices of school supplies, parents of school-aged children usually find themselves experiencing cash flow challenges at this time of the year.