More than half of Philippines-based chief executive officers are worried over the viability of their businesses in the next decade, a survey showed. — PHILIPPINE STAR/ MIGUEL DE GUZMANBy Justine Irish D. Tabile, ReporterOVER HALF of Philippine-based chief executive officers (CEOs) are concerned over the

Laborers are seen working on a construction site in Navotas City, June 22, 2024. — PHILIPPINE STAR/RYAN BALDEMORBy Chloe Mari A. HufanaA WAGE INCREASE in the Philippine capital and nearby cities is likely in July, based on past decisions by the regional wage board, according

THE PHILIPPINES’ current account deficit is seen narrowing further this year amid a more positive global outlook, Fitch Solutions’ unit BMI said.In a report dated June 25, BMI lowered its current account deficit forecast to 2.3% of gross domestic product (GDP) from 2.8% previously.This is

BW FILE PHOTOTHE PESO may remain weak against the dollar as the Bangko Sentral ng Pilipinas (BSP) is not expected to “strongly” defend the currency amid its recent dovish policy signals, Bank of America (BofA) Global Research said.“(The Philippine peso) remains on the weaker side,

FREEPIKRENEWABLE ENERGY company NexGen Energy Corp. has priced its initial public offering (IPO) at P1.68 per share, matching its upper-end forecast.The company announced the IPO price on June 25, as per a notice on the Philippine Stock Exchange (PSE) website.It expects its shares to be

PHILIPPINE STAR/ MICHAEL VARCASPANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) said it hopes to construct a P40-billion expressway in Naic, Cavite.“We are in discussions with the provincial government of Cavite about a possible Naic connection to CALAX (Cavite-Laguna Expressway) in General Trias,” MPTC President and Chief

METROPAC Water Investments Corp. (Metro Pacific Water) on Wednesday said it is working with France-based water and waste management solutions provider Suez for the construction of a desalination plant in Iloilo City.The companies recently signed an agreement to build a desalination plant that can produce

Image by Rudy and Peter Skitterians from PixabayMAYNILAD Water Services, Inc. will issue rebates totaling P3.92 million to some customers in Imus City, Cavite, as a penalty from the Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) for poor water quality.The MWSS RO announced

PONGSAWAT PASOM-UNSPLASHGLOBE Telecom, Inc. announced on Tuesday a partnership with Lynk to assess the potential of satellite-direct-to-phone communication services in remote areas of the Philippines.“The recent signing of the new agreement signifies a crucial step towards enhancing connectivity and communication access within the country, particularly

BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Wednesday at a higher average yield than secondary market levels as investors expect both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve to keep benchmark

LISTED company IP E-Game Ventures, Inc. said it plans to invest P300 million as the minimum capital for setting up its real estate investment trust (REIT) company.“IP E-Game will fund its investment into the REIT company through a combination of equity and convertible debt and

BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits were mixed on Wednesday as the market looked ahead to the Monetary Board’s policy decision on Thursday.The central bank’s term deposit facility (TDF) attracted bids amounting to P207.107 billion on Wednesday, above the