Top News
Dutch team helping consortium extend Malampaya gas field another 15 years
The Malampaya consortium led by Prime Energy Resources Development BV is on track towards extending the life of the Malampaya gas field with the award of a USD180 million contract to Allseas Nederland (Brasil) B.V.
Philippines remains net creditor country member of IMF
The Philippines has kept its status as a net creditor country member of the International Monetary Fund that it first gained during then President Joseph Estrada leadership.
Accessing south Luzon costs more via SLEX as phased adjustment bites
The tollway unit of San Miguel Corp. has implemented the second tranche of toll rate adjustments at the South Luzon Expressway, according to the Toll Regulatory Board (TRB).
Recto brushes off ruckus created by tapping into Philhealth funds
Finance Secretary Ralph Recto on Tuesday brushed aside fears of fiscal mismanagement over the deployment of agency funds into areas these supposedly were not originally intended for, saying the needs of some 115 million Filipinos take precedence over the ruckus that the deployment has generated.
Central bank investment income, NG deposits push BOP into surplus in July
The Philippines generated far more foreign currency earnings in July than it spent during the month, allowing the country to post a surplus in the balance of payments (BOP) totaling USD62 million.
