MANILA, Philippines - Foreign banks expect the Philippine central bank to hike borrowing costs this month to keep inflation in check after it hit a 17-year high of 12.2 percent in July. More »
MANILA, Philippines - The Bureau of Internal Revenue (BIR) is filing more cases against parties allegedly involved in a P5.3 billion tax credit certificate (TCC) scam. More »
MANILA, Philippines - Higher sales boosted the net income of retail giant SM Prime Holdings Inc. for the first six months of the year. More »
MANILA, Philippines - A memorandum of understanding covering a $150-million joint venture for nickel exploration and processing in Botolan, Zambales was signed Thursday between the Philippines and China. More »
MANILA, Aug 7 (Reuters) - China's state-owned Jiangxi will form a strategic partnership with two Philippine-listed mining groups NiHAO Mineral Resources <NI.PS> and Geograce Resources <GEO.PS> to jointly explore and develop a nickel project in the northwest of the archipelago. More »
MANILA, Philippines - Two Lopez-controlled holding companies have decided to sell their stake in their toll road business to Metro Pacific Investments Corp (MPIC), which earns from its real estate and infrastructure businesses. More »
MANILA, Philippines - A tripartite agreement among major Philippine stakeholders is expected to address the labor shortage in the billion-dollar outsourcing and offshoring industry. More »
MANILA, Philippines - Software giant Microsoft will establish an open source interoperability laboratory in the Philippines, considered as the first in the region. More »
MANILA, Philippines - Aboitiz Equity Ventures Inc., which holds the business interests of the Aboitiz family, on Thursday reported a single-digit drop in its net income for the first six months of the year owing to a non-recurring loss" More »
MANILA, Philippines - Aboitiz Equity Ventures Inc., which holds the business interests of the Aboitiz family, on Thursday reported a single-digit drop in its net income for the first six months of the year owing to a non-recurring loss" More »