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BSP: Foreign exchange flow improved in 8 months

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INQUIRER.net file photo

Foreign exchange flows to the Philippines appeared to have reached a surplus in the eight months to July on the back of the government’s foreign exchange deposits and earnings from the central bank’s investments.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

Resorts World braces for stiff competition

Travellers International Hotel Group Inc., operator of Resorts World Manila (in photo). INQUIRER FILE PHOTO

Resorts World Manila (RWM) is preparing for stiffer competition five years after rising as the country’s first privately operated integrated gaming resort.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

Vehicle importers saw sales rise by 15% in 1st 7 months

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AP FILE PHOTO

Local vehicle importers and distributors continued its strong performance in the first seven months of the year as sales grew by 15 percent to 20,938 units during the period, from the 18,147 units sold a year ago.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

LTFRB tags bus firms to be based in Alabang

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bus 2

The Land Transportation Franchising and Regulatory Board (LTFRB) said Tuesday a total of 556 buses were ready for the opening of the South Station in Alabang, Muntinlupa, but it noted that Muntinlupa City has yet to give the final go-signal.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

PAL’s net income jumped 604% in July

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FILE PHOTO

The earnings streak set off by Philippine Airlines president and COO Ramon S. Ang continues as the July net income of the once money-losing flag carrier reached $11 million, bringing net income from January to July 2014 to $18.6 million.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

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