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Friday, April 19, 2024

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THEPHILBIZNEWS'

The Philippine Business and News

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SC affirms P1.8-B fines on Maynilad, Manila Water, MWSS

By Benjie Pulta The Supreme Court (SC) on Tuesday, August 6, turned down petitions filed by water concessionaires Maynilad Water Services Inc. and Manila Water Co....

Brillante Mendoza’s ‘Verdict’ Enters Venice Int’l Film Festival Tilt

Raymund Ribay Gutierrez's Filipino feature film “Verdict” produced by international film festival-favorite Brillante Mendoza will be vying for Best Film under the Horizons (Orizzonti)...

Globe’s Solid Revenue Momentum Sustained in H2

Globe ended the first semester of the year with consolidated service revenues of P72.9 billion, 13 percent higher than levels posted a year ago, on the...

DBP sets up lending window for housing developers

By THEPHILBIZNEWS STAFF State-owned Development Bank of the Philippines (DBP) has opened a new financing facility aimed at assisting housing developers to expand their housing...

July inflation hits 31-month low at 2.4%

By Leslie Gatpolintan The country’s inflation rate further eased to a 31-month low at 2.4 percent in July as food prices continued to soften, boosting...

SMB revenues up 12% to P70.3 B in H1

By THEPHILBIZNEWS STAFF San Miguel Brewery Inc. (SMB), the brewing subsidiary of San Miguel Corporation (SMC), delivered strong revenue growth of 12.4 percent to P70.3...

Ayala Land to launch P111-B projects in H2

By Leslie Gatpolintan Property giant Ayala Land Inc. (ALI) is in the process of launching P111 billion worth of projects in this year's second half,...

Duterte okays P4.1-trillion nat’l budget for 2020

By Azer Parrocha President Duterte has approved the proposed national budget for 2020, amounting to P4.1 trillion, during the Cabinet meeting at Malacañang that started Monday night, August 5. Presidential Spokesperson Salvador Panelo confirmed...

PAL secures HK flights Monday night, advises areas to avoid

By Ma. Cristina Arayata Flag carrier Philippine Airlines (PAL) announced Monday afternoon it was able to secure regular operations for three flights between Hong Kong...

PH involved in framing world’s biggest regional trade deal

BEIJING, China — Ministers of the 16 participating countries of the Regional Comprehensive Economic Partnership (RCEP) agreement expressed today, August 5, a high level...

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