Press "Enter" to skip to content

Category: economy

Megaworld allots P 3.4B to expand 3 townships

MANILA, Philippines – Developer Megaworld Corp. will spend P3.4 billion to expand three of its townships across the country, banking on the strength of its provincial projects to drive growth. In a regulatory filing on Monday, Megaworld said it would reinvest the proceeds raised from selling its shares in its real estate investment trust (REIT)

Indian team to visit US this week for trade talks

The Bilateral Trade Agreement (BTA) was initiated in February after leaders of India and the US directed officials to negotiate the pact. The first tranche of the agreement was planned to be concluded by the fall of 2025 (October-November). So far, five rounds of negotiations have been completed.

US set to charge fees on Chinese ships in a bid to save shipyards

NEW YORK, United States – An escalating trade war between China and the United States faces another flashpoint Tuesday when Chinese ships will be required to start paying a special fee to dock at US ports. The move announced by the US Trade Representative (USTR) in April triggered reciprocal measures from Beijing, which will impose

PH to protest China’s attack on BFAR vessel

MANILA, Philippines — The Philippines will protest a China Coast Guard (CCG) ship’s attack on a fisheries vessel off Pag-asa Island on Sunday morning which the United States and European Union condemned as an “aggressive” and “dangerous” action. Nobody was injured when the CCG ship fired its water cannon then rammed and slightly damaged BRP

PNB Holdings bets on IT-BPM, lifestyle retailers

The real estate spinoff firm of Philippine National Bank (PNB) is pinning its hopes on the rapidly growing IT and business process management sector (IT-BPM) as well as lifestyle-oriented brands. This, in hopes of maintaining high occupancy in its properties and differentiating itself from its competitors. Joselito Consunji, COO of PNB Holdings Corp. (PHC), told

Sitemap Index