Top Stories

PAL posts $85 million profit in Q1

As of 05/04/2015 2:19 PM
MANILA – Philippine Airlines (PAL) posted a net comprehensive income of $85 million for the first three months of the year, a reversal from the $20.7 million net loss incurred in the same period last year. Full article

EEI tapped for Metro Manila Skyway stage 3 project

As of 05/04/2015 2:13 PM
EEI Corporation has been tapped for the construction of two sections of the Metro Manila Skyway Stage 3 project.   Full article

SM Prime net income soars in Q1

As of 05/04/2015 2:04 PM
Real estate conglomerate SM Prime Holdings' net income soared 176 percent to P12.6 billion in the first three months of 2015. Full article

Ownership of Payanig property up to court - DOF

As of 05/04/2015 2:01 PM
MANILA – The Department of Finance (DOF) said it is up to the courts to decide who the legal owner is of the "Payanig sa Pasig" lot. Full article

Japan seeks to boost investment in Asia infrastructure

As of 05/04/2015 1:00 PM
BAKU, Azerbaijan -- Japanese Finance Minister Taro Aso on Sunday told his Asian counterparts gathered for the Asian Development Bank's annual meeting that Japan is planning an initiative to promote investment in creating "quality infrastructure" in Asia. Full article

Tiu-owned AgriNurture's losses swell to P1.1-B

As of 05/04/2015 11:42 AM
Controversial businessman Tony Tiu's AgriNurture Inc. (ANI) reported a more than P1 billion net loss in 2014. Full article

Biz groups push to eliminate special port fees

As of 05/04/2015 10:56 AM
Business groups are pressing shipping companies to remove special charges that were imposed at the height of Manila's port congestion crisis. Full article

Xurpas net income hits P59-M in Q1

As of 05/04/2015 10:45 AM
Listed technology firm Xurpas said its net income jumped 27 percent in the first quarter of 2015 to P59.2 million. Full article

Warren Buffett makes Berkshire gala an all-consuming affair

As of 05/04/2015 9:20 AM
Warren Buffett puts on a good show. Especially when he is the show.   Full article

South Korea set to demolish slum in the shadows of glitzy Gangnam

As of 05/04/2015 9:19 AM
Demolition of the last slum in Seoul's glitzy Gangnam district is expected to start this summer. Full article

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