Phoenix pumps more assets into the recovery tank
Every gas station has two values: the fuel it sells today and the land it sits on tomorrow.
For Phoenix Petroleum, those plots of land...
Sandiganbayan issues arrest warrants vs Marcoleta, Defensor
The anti-graft court Sandiganbayan on Monday issued arrest warrants against Senator Rodante Marcoleta, former Congressman Mike Defensor, and two others just days after the Ombudsman filed plunder complaint over P75 million in unreported campaign contributions. Plunder is a non-bailable crime, which could rob Marcoleta of participation in the impeachment trial of his ally, Vice President Sara Duterte, which starts late Monday. The Ombudsman had also charged the four of alleged violation of Presidential Decree No. 46, which prohibits public officials from receiving gifts. The court also issued a Hold Departure Order against the four.
Skyway adds wings as Clark cargo climbs
Skyway Airlines is expanding more than its fleet. It is reinforcing Clark's emergence as one of the country's fastest-growing logistics gateways.
El Niño reducing Magat water level, fishery losses hits P100M
The early effects of El Niño are beginning to bite, with fishery losses in the Magat Dam area swelling to an estimated P100 million as receding water levels trigger fish kills in Ifugao and Isabela.
Peso holds ground while politics tests market confidence
The peso appears to have found its footing, but investors know that calm currencies do not always guarantee calm markets.
