finance

Budget carrier Cebu Pacific on Friday resumed its direct flights from Cebu to Singapore.

Manila Water is building a P2.7-billion water treatment plant that will draw water from the eastern part of Laguna Lake to fulfill its commitment of providing quality water service to the underserved areas in its franchise area.

The Chinese government did not act on the Duterte administration”s request for loan financing for three major railway projects, therefore it is considered withdrawn and has to be renegotiated by the current government, a top official of the Department of Transportation (DOTr) said Friday.

China logged its slowest economic growth since the initial COVID-19 outbreak Friday, expanding just 0.4 percent in the second quarter with lockdowns and property market weakness pushing the government’s target further out of reach.

Motorists can look forward to another round of reduction in the pump prices of petroleum products in the coming week.

The S&P 500 pared early losses to close modestly lower on Thursday after investors digested disappointing quarterly results from two large US banks and hotter-than-expected inflation data.

Third major telco DITO Telecommunity is banking on the Marcos administration”s initiative to revive public-private partnerships (PPP) for its plan to expand its services to “challenging” areas in the country.

The economy is robust enough to absorb the Bangko Sentral ng Pilipinas” (BSP) surprise policy rate hike of 75 basis points, Finance Secretary Benjamin Diokno said Thursday.

Lawyer Raphael Perpetup Lotilla may occupy the post of energy secretary even if he served as an independent director in power firms Aboitiz Power and Exenor, the Department of Justice said on Thursday.

The Light Rail Manila Corporation (LRMC) has partnered with the Ateneo de Manila University”s (ADMU) School of Science and Engineering to further advance railway education in the country.