JEROME CMG-UNSPLASHNORTHERN DAVAO Electric Cooperative, Inc. (Nordeco) said it will explore all legal options to defend its franchise areas following the passage of a law allowing Davao Light and Power Co. (DLPC) to operate in additional areas.“Nordeco strongly opposes this law and shall pursue all

CHEN MIZRACH-UNSPLASHBy Aubrey Rose A. Inosante, ReporterCOCONUT FARMERS and exporters are gearing up to increase sales to the US, taking advantage of favorable tariffs relative to other regional producers.In an e-mail interview with BusinessWorld, Charles R. Avila, president of the Confederation of Coconut Farmers’ Organizations

BW FILE PHOTOYIELDS on the central bank’s short-term securities ended lower on Friday, with strong demand seen for the two-month tenors.The Bangko Sentral ng Pilipinas’ (BSP) bills fetched bids amounting to P153.009 billion on Friday, higher than the P130-billion offer but slightly below the P155.76

CHEVRON.COMCHEVRON PHILIPPINES, INC. (CPI), a downstream oil company and marketer of the Caltex brand of fuels and lubricants, has renewed its lease agreements with Batangas Land Company, Inc. (BLC) for four properties that house its terminals.The companies signed new lease contracts covering BLC-owned sites in

FREEPIK“I’m telling you, these countries are calling us up, kissing my ass,” Donald Trump, US President, told his fellow Republicans at a dinner on Tuesday, April 2 (according to the Philippine Star on April 10).What’s the crass “ass-licking” braggadocio all about?At his inaugural address on

PHILIPPINE STAR/WALTER BOLLOZOSTHE PESO may move sideways against the dollar this week as markets continue to monitor the growing trade war between the United States and China.The local unit closed at P56.97 per dollar on Friday, strengthening by 38 centavos from its P57.35 finish on

BW FILE PHOTOPHILIPPINE STOCKS may extend their climb in the coming days on bargain hunting, with investors likely to stay on the sidelines amid a shortened trading week.On Friday, the Philippine Stock Exchange index (PSEi) inched up by 0.07% or 4.62 points to close at

REUTERSBy Justine Irish D. Tabile, ReporterTHE Philippine Exporters Confederation, Inc. (Philexport) said its members need to diversify their markets in the face of the unpredictability of US trade policy.“The problem is, knowing Trump, the situation is still fluid. He might change his mind on some

PHILSTAR FILE PHOTOBy Kyle Aristophere T. Atienza, ReporterMEAT IMPORTS rose 16.18% year on year in February, the Bureau of Animal Industry (BAI) said, with domestic supply remaining constrained by African Swine Fever (ASF).Meat shipments hit 99.681 million kilograms (kg) during the month, slowing down from

Unsolicited proposal for Davao Airport remains under review, PPP Center says - BusinessWorld Online                                    NEDA.GOV.PHTHE unsolicited proposal for the operations and maintenance of the Davao International Airport

BW FILE PHOTOBy Justine Irish D. Tabile, ReporterTHE introduction of paperless trade will require reforms to the regulatory infrastructure and legal framework, according to the Philippine Exporters Confederation, Inc. (Philexport).Citing Philippine Chamber of Commerce and Industry (PCCI) Chairman George T. Barcelon, Philexport said that a

REUTERSMORE French businesses are looking to invest in the Philippines amid the negotiations for a free trade agreement (FTA) with the European Union (EU) and the launch of direct flights between the Philippines and France, according to the French Chamber of Commerce and Industry in