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Philippines
Friday, May 3, 2024

Darwin G. Amojelar

House to follow Senate’s lead on Cha-cha

The House of Representatives will take its cue from the Senate, which will now take the lead on the proposal to amend the restrictive...

Amend charter for more foreign investors — PH

Former finance secretary Margarito B. Teves is urging senators to remove the restrictive provisions in the 37-year-old Philippine Constitution to lift the country from its...

Manufacturing gauge climbed in April—S&P

The Philippines’ manufacturing sector further improved in April 2024 amid strong demand, according to the latest S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI). “Strong...

PAL booked $81-m income in first quarter

Philippine Airlines (PAL) said Thursday its comprehensive income fell 25 percent in the first quarter to $81 million from $108.2 million in the same...

MPTC to buy stake in Indonesian toll operator by August

Metro Pacific Tollways Corp. (MPTC) expects to finalize the acquisition of a 35-percent stake in an Indonesian state-owned toll road operator by July or...

PUV modernization: Efficiency vs. livelihood

Transport expert warns of job losses, jeepney shortage While the government’s jeepney modernization program prioritizes safety and efficiency in public transportation, a transport expert warns...

Investors pull out $689-m funds in March—BSP data

Foreign fund managers withdrew funds from the local equities and money markets in March 2024 amid the heightened global uncertainties and delayed interest rate...

PNP, Globe arrest cable cut suspects in N. Cotabato

Globe Telecom said the North Cotabato Police Provincial Office apprehended two suspects involved in a cable cut-for-ransom scheme. North Cotabato police arrested Jonie Magtawil Dacutan,...

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