SMC: NMIA not a reclamation project
The New Manila International Airport (NMIA) project, set to be the country’s largest international airport with four runways, is being built not on reclaimed...
PAL readies $3.4 billion in brand new aircraft acquisition program
Transport/Comms
Philippine Airlines (PAL) is prepared to spend $3.2 billion to acquire nine brand-new aircraft. This developed in the wake of a 194 percent increase...
PNB posts P9.7B net income in the first six months
The Philippine National Bank posted net profit of P9.7 billion in the first six months this year on the back of sustained growth in...
Finance chief thumbs down higher tax rates for billionaires, prefers consumption tax
Finance Secretary Benjamin Diokno flatly rejected the suggestion of a youth representative at the House of Representatives for the imposition of higher tax rates...
Banking, power, real estate earnings lift Ayala profit in spite of one-off charge
Ayala Corp., the diversified conglomerate of the Ayala Group, reported Friday a first half net income of P18.41 billion, a 13 percent year-on-year gain...
