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Construction of the PhP1.7-T Clark Green City to start next year

TARLAC CITY, Tarlac, Dec. 13 (PNA) — The construction of a PhP1.7-trillion mega project in this province dubbed as Clark Green City will start next year. This was disclosed on…

PHL can meet 2015 GDP growth target –NEDA

MANILA, Dec. 12 (PNA) — Government economic planners are confident that the Philippines can achieve its target of 6 to 7 percent gross domestic product (GDP) growth. This means that…

FDI net inflows rise to USD 1.5-B in September 2015; first 9 months level reaches USD 4.5-B

MANILA, Dec. 11 (PNA) — Foreign direct investments (FDI) reached a record high of USD 1.5 billion net inflows in September 2015, more than double its year-ago level of USD…

PHL stocks extend slump

MANILA, Dec. 11 (PNA) — The local stock market extended losing streak to a second day on thin volume on Friday as investors remained cautious ahead of the United States…

San Carlos Sun Power inks Php 3.7-B loan with BDO Unibank

MANILA, Dec 11 (PNA) — San Carlos Sun Power, Inc., a joint-venture between SunEdison Philippines Helios BV and Aboitiz Renewables, Inc., signed a loan agreement with BDO Unibank, Inc., amounting…

Puregold earmarks PhP2.6-B capex for 2016

MANILA, Dec. 11 (PNA) — Puregold Price Club Inc. is allocating PhP2.6 billion as capital expenditure (capex) next year for the expansion of its supermarket chains and convenience store, the…

NEDA: Domestic demand can push 6% GDP growth for 2015

By Kris M. Crismundo MANILA, Dec 11 (PNA) – The strong domestic demand can propel gross domestic product (GDP) growth of at least 6.0 percent by end of 2015, National…

PHL monthly e-payment transactions seen to rise to 20% by 2020

MANILA, Dec. 10 (PNA) — Technological innovations help make people’s lives easier. This includes mode of payment, as penetration of mobile phone usage in the country is very high. However,…

PSEi falls anew on overseas concerns

MANILA, Dec. 10 (PNA) — Local share prices fell anew as local investors continued to track overseas developments. The bellwether Philippine Stock Exchange index (PSEi) lost 27.65 points to 6,820.60…

Filipino, Japanese firms team up for 88-kWp solar project

By Juzel L. Danganan MANILA, Dec 10 (PNA) – A collaboration between a Japanese and Filipino firm led to the installation of an 88-kilowattpeak (kWp) solar panel for Toyo Ink…

Unemployment rate drops to new record low in 10 years

MANILA, Dec 10 (PNA) — The country’s labor market continued to record positive gains in October 2015 as unemployment rate fell to its lowest in a decade and both employment…

FPI results in net outflows in November 2015

MANILA, Dec. 10 (PNA) — Transactions for the month resulted in overall net outflows of USD 69 million, in contrast to the net inflows recorded last month (USD 28 million)…

Ford PHL sales up 55% in November

MANILA, Dec. 10 (PNA) — Sales of American automaker, Ford Motor Company, in the Philippines market in November 2015 rose to 55 percent compared to the same period in 2014….

PLDT Home, Microsoft partner for Tvolution device

By Leslie D. Venzon MANILA, Dec. 8 (PNA) — Listed Philippine Long Distance Telephone Company (PLDT) has partnered with global technology giant Microsoft to unveil Tvolution Stick, the country’s first…

PSE warns public anew on investment scams

MANILA, Dec. 8 (PNA) — The Philippine Stock Exchange, Inc. (PSE) has advised the public to exercise caution in dealing with individuals who are not licensed to solicit funds for…