What's News Post

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Cosmetic products with these parabens are now illegal for selling in the country

Are you still using cosmetic products containing the ingredients of isobutylparaben and isopropylparaben? That is because after December 31, 2015, beauty enhancement and maintenance cosmetic products containing such ingredients are banned, prohibited from being sold or distributed in the country. Reports said that while the Philippine Food and Drugs Administration […]

Mactan-Cebu airport get award for best transport deal in Asia Pacific

The Mactan-Cebu International Airport (MCIA) Terminal Passenger Building project, has received an international recognition from a reputable press institution. Thomson Reuters’ Project Finance International (PFI) hailed the public-private parnership project that was awarded to GMR Infrastructure and Megawide Consortium as the “2015 Best Transport Deal” in Asia-Pacific (APAC) last December […]

Top Pinoy individual taxpayer of 2014 paid BIR P280-M

Data released by the BIR Friday listed Filipino-Chinese businessman Jacinto L. Ng, Sr. as topping the Bureau of Internal Revenue’s 500 individual taxpayers for 2014, dislodging last year’s top 1, eight-division boxing champ and Sarangani Representative Emmanuel “Manny” Pacquiao. Ng, the founder of Republic Biscuit Corporation and chairman of Asia […]

PSE warns public on stock market investment scams

The Philippine Stock Exchange, Inc. has advised the public to exercise caution in dealing with individuals who are not licensed to solicit funds for stock market investments. “We are alarmed by reports that have reached us on unscrupulous practices that are perpetuated to scam potential stock market investors. These practices […]

P-Noy sees greater prosperity in Philippine-Mexican ties

P-Noy sees greater prosperity in Philippine-Mexican ties Philippine President Benigno S. Aquino III said a broader cooperation between the country and Mexico could lead to greater prosperity. “It is about time for us to expand our ties beyond the realm of history,” Aquino said of recognizing the enduring friendship of […]

Holding company says PAL earnings up in first 9 months

The flag-carrier Philippine Airlines, Inc., earnings rose to P6.55 billion in the first nine months this year from P169.1 million in the same period last year, according to holding company PAL Holdings, Inc. PAL said that total revenues for the nine months reached P81.99 billion, up 10.8 percent from P73.98 […]

Peso surges against US dollar on Wednesday

The Philippine peso surged against the US dollar on Wednesday on more negative economic data from the US as higher expectation for Fed rate delay. It ended the day at P46.14, or P0.33 better than the P46.47 in the previous trading. A trader partly attributed this to the widening of […]

Ayala firm wins P4-billion integrated transport system south terminal project

Property behemoth Ayala Land Inc. on Tuesday won a bid to build and operate the P4-billion Integrated Transport System Project–South Terminal under the public-private partnership (PPP) scheme. The company will be awarded by the Department of Transportation and Communications with a 35-year concession agreement to build and operate the ITS […]

Seaoil, Phoenix implements price hike of oil products

MANILA, March 31 — Just in the nick of time when the mass exodus and movement of people for the Holy Week and vacation, Phoenix Petroleum Philippines and Seaoil Philippines Inc. hikes pump prices of gasoline by P1.10 per liter and diesel by 60 centavos per liter on Tuesday. Phoenix […]

What's Rising

Mactan-Cebu airport get award for best transport deal in Asia Pacific

The Mactan-Cebu International Airport (MCIA) Terminal Passenger Building project, has received an international recognition from a reputable press institution. Thomson Reuters’ Project Finance International (PFI) hailed the public-private parnership project that was awarded to GMR Infrastructure and Megawide Consortium as the “2015 Best Transport Deal” in Asia-Pacific (APAC) last December […]

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P-Noy sees greater prosperity in Philippine-Mexican ties

P-Noy sees greater prosperity in Philippine-Mexican ties Philippine President Benigno S. Aquino III said a broader cooperation between the country and Mexico could lead to greater prosperity. “It is about time for us to expand our ties beyond the realm of history,” Aquino said of recognizing the enduring friendship of […]

Holding company says PAL earnings up in first 9 months

The flag-carrier Philippine Airlines, Inc., earnings rose to P6.55 billion in the first nine months this year from P169.1 million in the same period last year, according to holding company PAL Holdings, Inc. PAL said that total revenues for the nine months reached P81.99 billion, up 10.8 percent from P73.98 […]

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Throwback

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Meralco effects power rate hike on February bill

Meralco effects power rate hike on February bill. MANILA, Feb 11 — Power giant retailer Manila Electric Company has the power to charge rate increases in its service area. This February the power monopoly will increase its total billing charges by 84 centavos per kilowatthour. Households with 200 kWh monthly […]

Why ghost month ‘phenomenon’ plunges PH stocks

The ‘phenomenon’ is back. The (stock market) ghost month begins. The benchmark Philippine Stock Exchange index (PSEi) dived 149.34 points, or 1.86 percent to 7,888.44 from previous day’s 8,037.78 finish on Wednesday. Almost all counters suffered a massive decline, led by services and holding firms that plunged 2.85 percent and […]

Ayala firm wins P4-billion integrated transport system south terminal project

Property behemoth Ayala Land Inc. on Tuesday won a bid to build and operate the P4-billion Integrated Transport System Project–South Terminal under the public-private partnership (PPP) scheme. The company will be awarded by the Department of Transportation and Communications with a 35-year concession agreement to build and operate the ITS […]

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