Top News
Government rejects P2.5-billion MPTC direct negotiation offer for MCTEP
The Public Estates Authority Tollway Corp. (PEATC) on Friday rejected the Metro Pacific Tollways Corp. (MPTC) offer to buy out the interest of the government in the Manila Cavite Toll Expressway Project (MCTEP) for only P2.5 billion.
D&L Industries claims technologies to recycle single-use plastics
Listed D&L Industries Inc. said Friday after years of research and development, it can now claim to be the first and only company in the country to offer technologies which allow the recycling of single-use plastics and other products considered low-value or non-recyclable.
Growth across ASEAN 5 seen accelerated to 4.5 percent in latest WEO projections
Economic growth across the ASEAN 5, collectively measured in terms of the gross domestic product (GDP) and which includes the Philippines, were to accelerate from last year's 4.1 percent to 4.5 percent this year, according to calculations by the International Monetary Fund (IMF) in the latest iteration of the World Economic Outlook projections.
“MPTC buyout offer to government stands, it’s dispute with PEATC notwithstanding”
Metro Pacific Tollways Corp. on Tuesday said it remains interested in acquiring the government's stake at the Manila-Cavite Expressway (Cavitex) even in the face of an ongoing dispute with its partner, the Public Estates Authority Tollway Corporation (PEATC), a unit of the Philippine Reclamation Authority (PRA).
Rice wholesale price remains elevated in March — PSA data
The wholesale price of rice continued to rise in March, with well-milled rice hitting a national average of P50.84 a kilo, data from the Philippine Statistics Authority show.
