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Metro Cebu property stock poised to grow 47 percent over 3 years

MANILA — Office space in Metro Cebu is poised to grow by 47 percent until 2020, driven by multinational and business process outsourcing companies, according to a real estate services provider. The expansion of the Mactan Cebu International Airport, affordable ...

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Billionaire James Packer quits 22 boards, deepens corporate withdrawal

Australian billionaire James Packer. Reuters/File SYDNEY — Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer holds any board seat in his home country, corporate records show, signalling his almost full retreat ...

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ADB keeps growth forecasts for developing Asia

A farmer carries plant seedlings at a field in Dongfeng village, Hunan province, China May 9, 2018. Ryan Woo, Reuters MANILA — The Asian Development Bank said Thursday developing Asia was on track to meet growth expectations for this year ...

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2 years on, is ‘Build, Build, Build’ program delivering on its promise?

President Rodrigo Duterte vowed to usher in a golden age of infrastructure with the "Build, Build, Build" program. Two years on, the massive undertaking faces challenges but government insists some big-ticket projects are proceeding as planned. Michelle Ong returns this ...

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Worst may be over for PH stocks this year: BPI Investment

Performers do the traditional lion dance at the ceremonial opening bell at the new Philippine Stock Exchange headquarters at the Bonifacio Global City in Taguig on February 19, 2018. George Calvelo, ABS CBN News MANILA — The stock market has ...

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Jeepney modernization still in low gear due to lack of supply: LTFRB

MANILA – One of the "bottlenecks" faced by the government's jeepney modernization program is the supply of compliant units, a transport official said on Wednesday.  Speaking to DZMM Teleradyo, Land Transportation Franchising and Regulatory Board (LTFRB) chairman Martin Delgra III ...

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‘Monorail’ systems eyed in Iloilo, Balanga by Chinese e-car firm

Solar Transport and Automotive Resources Corp. (STAR Corp.), the official distributor of Chinese carmaker BYD, confirmed that it is seeking to build "monorail" systems in Balanga, Bataan, and Iloilo City.  BYD, which makes electric cars in China, has also been ...

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San Miguel eyes $1B investment to build 10 breweries

MANILA – Philippines conglomerate San Miguel Corp is planning to invest at least $ 1 billion in the next two years to build 10 breweries inside and outside the country, senior company executives said on Wednesday.  Banking on strong consumer ...

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Presyo ng isda, manok, sibuyas, tumaas kasunod ng tuloy-tuloy na ulan

Tumaas ang presyo ng ilang bilihin sa palengke dahil sa tuloy-tuloy na pag-ulan. Sa Commonwealth market, P140 na ang kada kilo ng manok na dating nasa P130 lang. Tumaas din ng P10 hanggang P20 ang presyo ng bangus at galunggong. ...

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Fitch keeps PH at investment grade, flags 'overheating risks'

A woman carrying a baby passes though a construction of the Metro Rail Transit on Commonwealth Avenue in Quezon City. Dondi Tawatao, Reuters/FILE PHOTO MANILA — Fitch said Wednesday affirmed its investment grade rating on the Philippines, as it warned ...

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