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Oil firms cut prices of gasoline, kerosene

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AP FILE PHOTO

Local oil companies have slashed prices of fuel products due to the continued softening of oil prices in the international market.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

US stocks mixed as Nasdaq drops more than 1%

Trader Sal Suarino, center, works on the floor of the New York Stock Exchange on Monday, Sept. 15, 2014. US stocks finished mixed Monday as the tech-rich Nasdaq dropped more than one percent following a cautious report on Tesla Motors. AP

US stocks finished mixed Monday as the tech-rich Nasdaq dropped more than one percent following a cautious report on Tesla Motors.

Posted: September 16th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Filinvest sets P7-B long-term bond offer

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Screengrab from filinvest.com.ph

Gotianun-led property developer Filinvest Land Inc. plans to raise as much as P7 billion from the offering of a new series of long-term bonds.

Posted: September 16th, 2014 in Headlines,Latest Business Stories | Read More »

Sucat plant back on auction block

By
psalm

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) will offer to investors anew the decommissioned 850-megawatt Sucat thermal power plant, following allegations that the highest bidder in the previous auction had submitted “fake” documents to the agency.

Posted: September 16th, 2014 in Headlines,Latest Business Stories | Read More »

Thailand, Vietnam to ship 500,000 tons of rice to PH

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INQUIRER FILE PHOTO

Thailand and Vietnam are expected to ship in a total of 500,000 tons of milled rice in the next three months, representing the latest import purchase by the National Food Authority.

Posted: September 16th, 2014 in Headlines,Latest Business Stories | Read More »

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