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The Philippine central bank is widely expected to keep policy rates at a 17-year high of 6.5% at its meeting this week. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, Reporter THE

REUTERSNET INFLOWS of foreign direct investment (FDI) in February soared to its highest level in over two years, data from the Philippine central bank showed.Data from the Bangko Sentral ng Pilipinas (BSP) showed

NATIONAL Economic and Development Authority Secretary Arsenio M. Balisacan (left) and JG Summit Holdings, Inc. President and Chief Executive Officer Lance Y. Gokongwei will deliver keynote speeches at the BusinessWorld Economic Forum “PH

DEPARTMENT OF AGRICULTURE HANDOUTSUBSIDIES provided to government-owned and -controlled corporations (GOCCs) fell by 36.3% in March, the Bureau of the Treasury (BTr) said.Data from the BTr showed that budgetary support to GOCCs declined

NLEX.COM.PHTHE offer from the Pangilinan-led Metro Pacific Tollways Corp. (MPTC) to acquire the government’s stake in the Subic-Clark-Tarlac Expressway (SCTEx) may help attract more investors to the company’s planned merger with San Miguel

LISTED property developer Cebu Landmasters, Inc. (CLI) is considering a development venture in Cavite as it prepares for its entry into the Luzon market, its chief operating officer said.“Definitely, a lot of landowners

DMCI Homes said its three-tower project Sonora Garden Residences in Las Piñas City is expected to generate around P13 billion in revenue. Sonora Garden Residences, a joint venture between DMCI Homes and Robinson

FEDERAL LAND NRE Global, Inc. (FNG) said Sora Tower, the first residential tower of The Observatory township in Mandaluyong, is expected to be turned over by 2030.“The first residential tower set to rise

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