A Metro Rail Transit Line 3 (MRT-3) train is seen along EDSA, Quezon City, March 24, 2024. — PHILIPPINE STAR/RYAN BALDEMORBy Ashley Erika O. Jose, ReporterTHE Department of Transportation (DoTr) is still considering two options for the planned bidding of the operations and maintenance (O&M)
A LOGO of the World Economic Forum (WEF) is seen outside the Congress Center ahead of the WEF in Davos, Switzerland, Jan. 19, 2025. — REUTERS MORE INVESTMENTS would be needed for the Philippines to be able to reach the high end of its growth
A shopper looks at products at a supermarket in Mandaluyong City in this file photo. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Revin Mikhael D. Ochave, ReporterLISTED CONSUMER GOODS companies may see a boost in their bottom line this year as demand is expected to increase ahead
PCO.GOV.PHPRESIDENT Ferdinand R. Marcos, Jr. on Monday urged Tesla, Inc., a multinational automotive and clean energy company, to manufacture electric vehicles (EVs) in the country, citing government efforts to advance the country’s EV transition.He was speaking at the formal opening of the company’s headquarters in
MEGAWIDE.COM.PHMEGAWIDE Construction Corp. is earmarking P1.8 billion for its capital expenditure (capex) budget this year to support growth in its real estate and construction businesses, its president said.“About P1.8 billion. Half will be real estate-related, and half will be in construction and transport,” Megawide President
CEMEXHOLDINGSPHILIPPINES.COMCEMEX Holdings Philippines, Inc. (CHP) expects profitability in three years as the cement company pushes for a financial turnaround.“Our target is profitability in three years. There are a lot of things to do. There is room for improvement,” CHP President and Chief Executive Officer Herbert
AS A FOLLOW UP to my piece on October 2023 about the negative impact of the equity investment into the Maharlika Investment Corp. (MIC) on the capital ratios of Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP), my “Introspective”
A WIDE variety of Chinese films and other creative endeavors — like dance, traditional music, and calligraphy — will be in the spotlight for this year’s Spring Film Festival at the Shangri-La Plaza Mall in Mandaluyong City.The 19th edition of the film festival will run
REUTERSTHE Philippine Stock Exchange, Inc. (PSE) is increasing its stake in the Philippine Dealing System Holdings Corp. (PDS) to 88.44%.The market operator is buying 250,000 PDS common shares held by AIA Philippines Life and General Insurance Co. Inc., equivalent to a 4% stake, under a
BW FILE PHOTOTHE GOVERNMENT hiked the volume of Treasury bills (T-bills) it awarded on Monday as rates dropped further on market preference for shorter tenors and amid expectations of a rate cut by the Bangko Sentral ng Pilipinas (BSP) next month.The Bureau of the Treasury
1 of 2DAVAO-based property developer Damosa Land, Inc. (DLI) expects to complete the construction of its Bridgeport Park condominium by 2028, according to its chief executive officer (CEO).“For Bridgeport Park, which is our condo project there, there are four buildings, with a total value of
KATEMANGOSTAR/FREEPIK(This was lifted from the Inaugural Address of the author as the 77th President of the Management Association of the Philippines.)As in the past, the Management Association of the Philippines’ (MAP) activities this year will be guided by a theme.For 2025, we will once again