By Paolo G. Montecillo
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.
By Miguel R. Camus
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.
By the staff
The Lucio Tan and San Miguel groups are scheduled to meet today to discuss the buyout of flag carrier Philippine Airlines, where they share 51-49 percent stakes, respectively.
By Amy R. Remo
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.
By Queena N. Lee-Chua
“Before the multinational corporation, there was family business. Before the industrial revolution, there was family business. Before the enlightenment of Greece and the empire of Rome, there was family business.”