By Miguel R. Camus
Cheaper ticket prices and a booming global population will drive growth in the air passenger sector through 2034, with Asia Pacific seen to account for almost half of worldwide traffic through that period, the International Air Transport Association, or IATA, said in a report.
By Doris C. Dumlao
Del Monte Pacific Ltd. (DMPL) has completed a domestic follow-on offering priced at P17 a share, part of a series of fund-raising activities the conglomerate lined up to cut its debt arising from its big US acquisition.
By Ben O. de Vera
The local arm of the manufacturer of Marlboro cigarettes Friday accused its fiercest competitor, homegrown Mighty Corp., of “systematic and endemic fraud” over alleged non-payments of duties on the tobacco leaf and filters that the latter imports.
The Bangko Sentral ng Pilipinas is likely to maintain its key interest rates steady for the rest of the year, but it may resume its monetary tightening measures by the first half of 2015 to keep inflation from breaching the target level, an economist from British banking giant HSBC said.
By Kristine Angeli Sabillo
President Benigno Aquino III on Friday assured the business sector that the government is addressing concerns on energy and port congestion although both are still a work in progress.