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Sunday, December 17, 2017

Aboitiz Equity spending P50B for power, water, cement projects

CONGLOMERATE Aboitiz Equity Ventures Inc. (AEV) will spend up to P50 billion next year for power and water projects and the expansion of its cement...

PAL’s 9th Boeing 777 delivered

IN A bid to become a certified four-star airline by 2018, flag carrier Philippine Airlines (PAL) has been building up its fleet and adding...

Cemex Antipolo plant expansion gets DENR nod

A SUBSIDIARY of listed cement manufacturer Cemex Holdings Philippines Inc. (CHP) has gotten the green light from the Department of Environment and Natural Resources...

Unilever selling margarine business for 6.8 billion euros 

ANGLO-DUTCH food and consumer giant Unilever said Friday it had reached a 6.8-billion-euro ($8-billion) deal with US private equity giant KKR to sell its...

Peso stays firm vs dollar; PSEi slips after 2-day rally

THE Philippine peso ended the week little changed against the US dollar but the main equities index ended its rally due to profit-taking. The local...

HERE & THERE

Brion cites House for impartial impeach hearings

Rep. Reynaldo Umali (2nd District, Oriental Mindoro), chairman of the House committee on justice, today thanked retired Supreme Court (SC) Associate Justice Arturo Brion...

Filipinos celebrate ‘bayanihan’ in UAE

105 soldiers receive medals