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Gov't contests arbitral ruling favoring Maynilad in P3.4-billion dispute

MANILA – The Philippine government has asked Singapore’s High Court to set aside an arbitration panel’s ruling awarding Maynilad P3.4 billion as payment over alleged losses due to a rate dispute, the water concessionaire’s parent company said Wednesday.  In July ...

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Puhunan ang isa't isa: Mag-asawa, umasenso sa pinukpok na aluminum

[embedded content] Puhunan ng mag-asawang Diosdado at Lourdes Reyes ang sipag ng isa’t isa sa pagpapayabong ng kanilang negosyong “DongDes Pinukpok Aluminum Kitchenwares.” Dahil hanggang elementarya lang ang antas ng pag-aaral na natapos nila, kinumbinsi ni Lourdes si Diosdado na ...

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How KFC, McDonald's are cashing in on Valentine's Day

MANILA – Companies around the world are cashing in on Valentine’s Day, offering lovers items exclusive to the season. In the US, fast food chains KFC released chicken-scented scratch-and-sniff Valentine’s Day cards while rival McDonald’s is selling $ 12,000-worth 18k ...

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Buying price ng NFA, pinag-aaralang taasan ng gobyerno

Pinag-aaralan ng gobyerno na taasan ang presyo sa binibiling palay sa mga magsasaka. Ito umano ang solusyon sa kakulangan ng buffer stock ng NFA. Sisimulan naman ng Kamara sa susunod na linggo ang imbestigasyon sa isyu ng kakulangan sa buffer ...

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DICT commits to NGCP on power grid deal

Department of Information and Communications Technology (DICT) officer-in-charge Secretary Eliseo Rio hurdles another key issue in the set-up of a third telco player after a meeting with the National Grid Corporation Philippines’ Henry Sy Jr. – Business Nightly, ANC, February ...

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US output is putting brakes on oil prices: IEA

PARIS – Surging oil production in the United States is putting the brakes on crude prices, recently in recovery from a long slump resulting from a worldwide supply glut, the International Energy Agency said on Tuesday. “Oil price rises have ...

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Jollibee raises stake in US Smashburger, to pay $100 million in cash

MANILA – Jollibee Foods Corp said Tuesday it would raise its stake in US restaurant chain Smashburger to 85 percent, in a $ 100-million transaction to be paid in cash. Jollibee said its subsidiary, Bee Good! Inc, would buy from ...

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NAIA 'super consortium' submits P350-billion airport proposal

MANILA – The “super consortium” of 7 conglomerates seeking to overhaul the Ninoy Aquino International Airport said Tuesday it submitted its unsolicited proposal to government, promising to turn the terminal into a regional hub. The P350-billion project will improve and ...

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Oil firms to roll back pump prices Tuesday

After six straight weeks of oil price hikes, fuel companies will implement a big-time roll back on Tuesday. Meanwhile, four suspended Energy Regulatory Commissioners are now back to work after they were granted a temporary restraining order from the Court ...

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LTFRB raises limit on ride-hailing vehicles

Transport regulators increase the number of vehicles ride-hailing services can put into service. The move is meant to ensure the demand for ride-hailing services is met. – Business Nightly, ANC, February 12, 2018 Let’s block ads! (Why?) Business

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