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Bangko Sentral raises key policy rates

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AFP FILE PHOTO

Interest rates were raised yesterday for the first time since 2011 as monetary authorities, confident that the economy was strong enough to take it, sought to curb excess demand that could push consumer prices further up.

Posted: August 1st, 2014 in Editor's Pick,Headlines | Read More »

Bidders sought for P4-B FTI transport hub project

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The Transportation department is seeking bidders for a P4-billion central public transport hub near the Ayala Group’s Food Terminal Inc. compound in southern Metro Manila, the auction’s invitation Thursday showed.

Posted: August 1st, 2014 in Editor's Pick,Headlines | Read More »

Dual airport scheme for Luzon urged

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The Philippine government has been urged anew to accelerate its plans to implement a dual airport system in Luzon as this has been deemed critical in addressing an expected surge in passenger traffic at the Ninoy Aquino International Airport (Naia) to about 59 million per year by 2025, and 101 million by 2040.

Posted: August 1st, 2014 in Headlines | Read More »

Growth in money supply decelerated in June

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Growth in the country’s money supply slowed anew in June, reflecting the effects of tighter policy settings set by the Bangko Sentral ng Pilipinas (BSP), data released Thursday showed.

Posted: August 1st, 2014 in Headlines | Read More »

Lopez group joins Ayala-Mercado health venture

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The Lopez group has joined the partnership of Ayala Land Inc. (ALI) and Mercado medical group through eye care and optical shop “EyeSite,” as it hopes to tap the growing middle class, which has been spending more on health services.

Posted: August 1st, 2014 in Headlines | Read More »

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  • Bangko Sentral raises key policy rates
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  • Dual airport scheme for Luzon urged
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  • Editorial cartoon, August 1, 2014
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