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DOTr won’t meddle in Makati Subway; says rail project LGU-private venture

The Department of Transportation is keeping its hands off on the impending modifications to the P125-billion Makati Subway project following the decision of the Supreme Court to transfer the 10 EMBO barangays to the jurisdiction of Taguig City.

Makati-Taguig dispute ‘hurts’ P125-billion subway project

Philippine Infradev Holdings Inc. said Wednesday it will discuss with City of Makati some modifications in the P125-billion intra-city subway project in view of a Supreme Court ruling that transferred certain city districts to the jurisdiction of neighboring Taguig City.

Salceda seeks to invigorate stock market with transaction cost cuts

The Philippines suffers from a stagnant equities market often ignored by wealth-chasing foreign investors mostly on account of cost considerations rather than on the quality of company stocks traded at the Philippine Stock Exchange (PSE).

“EO 39 a temporary construct vs. price manipulation”

The country’s leading economic minds on Tuesday said the price caps on the rice staple are temporary measures designed to combat cartelization, hoarding and other forms of price manipulation that serve the purposes of only a few vested interests.

MIAC pushes as one in winning the P171B NAIA rehab contract

Aboitiz InfraCapital Inc., as part of the consortium known as the Manila International Airport Corp. (MIAC), brushed aside on Monday notions that it will bid for the Ninoy Aquino International Airport rehabilitation project only for its own account.

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Amigas bury beach handball’s biggest giants yet

The Philippine women’s beach handball team arrived in Croatia grateful simply to be in the main draw. A few days later, the Amigas found themselves celebrating a victory that belonged in the sport’s growing catalogue of improbable upsets.

Monde M.Y. San to invest P5B in new factory

Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country's manufacturing sector despite a challenging global business environment.

Cebu Pacific opens one-stop service center for OFWs at MCIA Terminal 2

Cebu Pacific (CEB) has launched the new OFW Facilitation Center at Mactan-Cebu International Airport (MCIA) Terminal 2, aimed at making essential travel and government services easier to access for overseas Filipino workers before departure and upon arrival.

MORE’s modernized power grid saves Iloilo from massive outages

Iloilo's modernized power grid may have spared the city the worst of a two-month wave of Visayas outages, a new economic report suggests. 

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