Ovialand defers yet again a proposed P2.2-billion IPO
Property developer Ovialand Inc. has put off yet again plans to raise funds through an initial public offering after having found listed Tokyo-based real estate firm Takara Leben as partner in upcoming development projects.
Manila Water reconnects severed ties with Cebu LGU under new water supply contract
Manila Water Co. Inc. subsidiary Manila Water Philippine Ventures Inc. (MWPV) has signed a new 10-year contract with the Metropolitan Cebu Water District (MCWD to deliver water services at the premier city in the Visayas.
Economic Planning chief says political bickering needs to be resolved “soonest”
Economic Planning Secretary Arsenio Balisacan said Wednesday the political bickering sparked by efforts to revise the 1987 Constitution could undermine the economy, whose growth prospects this year are already under threat from El Nino and global geopolitical risks.
Broadband cost, speed remain barriers vs full PH digital shift drive – PIDS
Although significant progress has been achieved in the country’s digital transformation program, a persistent digital divide continues to separate urban and rural areas that result in unequal access to the internet's opportunities, according to a study by the Philippine Institute for Development Studies (PIDS).
Vietnam commits annual rice supply of 2 million metric tons to PH for 5 years
Agriculture Secretary Francisco P. Tiu Laurel Jr. has secured a commitment from Vietnam to supply the country with 1.5 – 2 million metric tons of white rice each year for five years. Laurel has signed a memorandum of understanding with Minister Nguyen Hong Dien of the Ministry of Industry and Trade of Viet Nam under an enhanced cooperation on rice trade with its neighbor.
