Business

PSEi sets another high for 2016

Asian stocks climbed to nine-month highs with the local index closing at a new 15-month high. - Business Nightly, ANC, July 21, 2016

CAB: Hindi kasalanan ng airline ang aberya sa NAIA runway

Tila walang mapapala kahit maghain pa ng reklamo sa Civil Aeronautics Board ang sangkaterbang pasahero na naperwisyo sa pagsasara ng runway ng NAIA noong Lunes.

Bangladesh to recover portion of stolen millions soon: envoy

Bangladesh expects to recover soon $15 million that was stolen from its Federal Reserve account, its ambassador to the Philippines, John Gomes, says.

P57 per night dorm targets commuters in expansion

A chain of dormitories for men made from refurbished container vans is targeting weary commuters in the country's urban centers for its expansion, its co-founder said Thursday.

DoubleDragon plans P10-B bond issue this year

DoubleDragon Properties Corp. plans to raise another P10 billion this year, this time through a retail bond issue to fund expansion plans next year, chairman Edgar Sia II said Thursday.

Globe, PLDT 'erroneously interpreted rules,' says anti-trust body

Globe Telecom and Philippine Long Distance Telephone Co. (PLDT) "erroneously interpreted" rules by insisting that their acquisition of San Miguel Corp.'s telecommunications assets was good as approved by merely notifying the government, the state anti-trust watchdog said Thursday.

One day process to set up business, govt promises

The government will cut the processing time to set up a new business to just one day from eight days to spur entrepreneurship and lift more people from poverty, Trade and Industry Secretary Ramon Lopez said Thursday.

Money Mythbusters: Should you go freelance or work full-time?

Though there is continuous growth in the number of freelancers, there are still many who prefer the security that a stable job can give.

Hybrid rice producer SL Agritech eyes P8-B IPO in 2017

The Philippines' largest hybrid rice seeds producer, SL Agritech Corp., said it might revive plans for an initial public offering (IPO) next year, looking to raise up to P8 billion.

 

‘Soft drinks tax’ eyed to offset income tax cut

MANILA – (UPDATE) The government is considering imposing taxes on soft drinks as part of a comprehensive reform program that also seeks to lower income taxes, Budget Secretary Benjamin Diokno said Thursday.