ADOLFO FELIX-UNSPLASH GOTIANUN-LED Filinvest Land, Inc. (FLI) is eyeing more office space leasing deals with government agencies to boost its commercial segment. “We’re starting to tap into more government office requirements since they have the budget. Hopefully, we’ll be able to get more this year because there is demand,” FLI President and Chief Executive Officer […]
BW FILE PHOTO PHILIPPINE RURAL BANKS have benefited from the entry of foreign capital following the industry’s liberalization in 2013, with these investments boosting lenders’ incomes and asset quality, according to a Bangko Sentral ng Pilipinas (BSP) discussion paper. “Empirical analysis reveals that the presence of foreign investors and their capital infusions improved the profitability […]
GUESTS ENJOY unique milk-based recipes at the Carmen’s Best Milk Bar. CARMEN’S BEST, known for its ice cream, will be stocking supermarket shelves with a new line of fresh milk, thus expanding its dairy portfolio and signaling full-fledged dairy operations for its parent, Metro Pacific Agro Ventures (MPAV). The new line of Carmen’s Best Fresh […]
REUTERS PHILIPPINE SHARES may rebound on Thursday on expectations that economic growth picked up in the fourth quarter of 2024. On Tuesday, the Philippine Stock Exchange index (PSEi) fell by 0.7% or 43.41 points to close at 6,153.47, while the broader all shares index dropped by 0.44% or 16.33 points to end 3,623.52. This was […]
By Justine Irish D. Tabile, Reporter THE EXPORT and logistics industries are taking a wait-and-see stance on US trade policy but consider President Donald J. Trump’s intent to dial down the threat of war on various fronts as more significant than his tariff threats. Philippine Exporters Confederation, Inc. (Philexport) President Sergio Ortiz-Luis, Jr. said that […]
NICKELASIA.COM THE Department of Environment and Natural Resources (DENR) said it will streamline the process for obtaining mining exploration permits, mineral agreements, and financial or technical assistance agreements (FTAA). Draft Administrative Order (AO) is set to amend AO No. 2010-21 and will require reduced evaluation and acceptance periods for exploration permits, mineral agreement applications and […]
PH.CHINA-EMBASSY.ORG THE Department of Public Works and Highways (DPWH) said it is on track to complete the P23.52-billion Samal Island-Davao City connector project by 2028, with the current completion rate reported at nearly 12%. In a statement, the DPWH said the 4.76-kilometer connector is expected to be complete by September 2028. According to the DPWH, […]
PHILIPPINE STAR/RYAN BALDEMOR EXPORTS of unmanufactured tobacco declined 14.2% to 17.8 million kilograms in 2024, the National Tobacco Administration (NTA) said. By value, exports fell 6.5% in 2024 to $94.59 million. According to the NTA, the top exporters of unmanufactured tobacco in 2024 are Universal Leaf Philippines, Inc. with 14.14 million kilos worth $111.97 million […]
REUTERS THE Department of Agriculture (DA) said a vaccine for Avian Influenza (AI), or bird flu, could be approved by the Food and Drug Administration (FDA) by the second quarter, following the completion of two field trials. Agriculture Assistant Secretary and Spokesperson Arnel V. de Mesa said the results of the vaccine trials will be […]
A PHILIPPINE delegation pitched Dutch businesses on potential investments, the Department of Finance (DoF) said. In a statement on Wednesday, the DoF said the meeting was attended by more than 30 Dutch participants from major businesses and financial institutions. The meeting was co-organized by the Department of Trade and Industry, the Philippine Trade and Investment […]