Category: Business

Meralco Q1 income up 7% at P4.9-B

MANILA — Manila Electric Company (Meralco) on Monday announced an unaudited Consolidated Core Net Income for the first quarter of 2018 of PHP4.9 billion or 7 percent higher than the same period last year. The...

Link ASEAN e-payment networks: Espenilla

MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla raised the possibility of linking instant payment networks within member states of the Association of Southeast Asian Nations (ASEAN) to enable cross-border payments, following the...

Group seeks subsidy for garment producers

MANILA — A group has urged the government to offer subsidies for manufacturers in the garments sector in order to revive the local industry. Foreign Buyers Association of the Philippines (FOBAP) President Robert Young said...