Business

IMF raises Philippine 2015 GDP growth forecast

The International Monetary Fund on Wednesday slightly upgraded its forecast for Philippine economic growth to 6.7 percent this year from 6.6 percent, due in part to higher state spending and strong private construction activity.Full article

Top Stories

PH banks' schedule during Holy Week 2015

As of 03/30/2015 12:23 PM
(2ND UPDATE) Here's the Holy Week advisory of several banks. Full article

Weak demand in Asia calls for more stimulus

As of 04/01/2015 3:06 PM
Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth.   Full article

Pre-qualification conference for airport, prison PPPs set

As of 04/01/2015 3:01 PM
A pre-qualification (PQ) conference for airport and prison projects under the public-private partnership (PPP) program has been set this month for interested investors. Full article

Filinvest Development's 2014 profit down 5pct

As of 04/01/2015 2:56 PM
MANILA – Gotianun-led Filinvest Development Corp. (FDC) reported a slight drop in its profits in 2014 as a result of additional costs from its expansion plans. Full article

Tutuban Center to become transfer station for railway project

As of 04/01/2015 2:12 PM
MANILA – Tutuban Center in Divisoria, Manila is set to become the transfer station of the North-South Railway Project following the signing of a memorandum of understanding between the Tutuban Properties, Inc. (TPI) and government. Full article

Grandson of Getty oil founder found dead in Los Angeles

As of 04/01/2015 1:39 PM
LOS ANGELES - The grandson of billionaire Getty oil founder J. Paul Getty was found dead on Tuesday afternoon at his home in Los Angeles, the family said in a statement.   Full article

Alliance Select to increase authorized capital stock

As of 04/01/2015 1:25 PM
Shareholders of food company Alliance Select Foods International voted to increase its authorized capital stock. Full article

Security agency owner heads to jail over unpaid SSS contributions

As of 04/01/2015 11:39 AM
The manager of a security agency is heading to jail, after a court in La Union found him guilty of failing to remit the Social Security System (SSS) contributions of his security guards. Full article

'Germanwings disaster will not affect image of budget air travel'

As of 04/01/2015 11:07 AM
The disaster at budget airline Germanwings which killed 150 people is not expected to harm the image of low-cost air travel. Full article

Real estate exposure rises, bad property loans fall

As of 04/01/2015 10:30 AM
Banks' real estate exposure rose more than 5 percent, data which could fuel speculation about a property bubble. Full article

Profiles

15 other celebrity taxpayers in top 500

15 other celebrity taxpayers in top 500

Here are 15 other celebrity taxpayers in the Bureau of Internal Revenue's list of top 500 individual taxpayers of 2013, based on regular income tax payments made as of November 24, 2014.

Business Specials

Going on a road trip - in your own car!

Going on a road trip - in your own car!

Summer is here, and it’s a great time to take to the open road by your lonesome or with friends and family. Even better if you are doing so behind the wheel of your own car.