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Pre-need companies sold more plans last year, but the industry incurred a net loss of P718.6 million due to bigger liabilities. Citing unaudited interim financial statements, Insurance Commissioner Dennis B.…
BANGKOK — Shares fell Friday in Europe and Asia as investors awaited a news conference about China by President Donald Trump later in the day. A man and a woman…
The steady increase of fuel prices in May—after dropping sharply in April at the height of the lockdown imposed to fight the COVID-19 pandemic—may have pushed the country’s inflation rate…
The Philippine government would need bigger fiscal support, which could mean more public money, directed toward COVID-19 response than it already has as it gradually opens the economy although cases…
BANGKOK — Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. A man walks past an electronic stock board showing Japan’s Nikkei…
INQUIRER FILE PHOTO Grocery chain operator Puregold Price Club Inc. grew its first quarter net profit by 16.8 percent year-on-year to P1.76 billion, bucking the earnings downturn seen by most…
MANILA, Philippines — The Department of Trade and Industry is set to recommend to the Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) the “gradual” re-opening of restaurants with dine-in…
Conglomerate San Miguel Corp. saw a 91 percent year-on-year drop in first quarter net profit to P1.09 billion as the lockdown measures required to curb the coronavirus (COVID-19) pandemic affected…
FDC and FLI president Josephine Gotianun-Yap. INQUIRER file photo Bucking the earnings downturn caused by the coronavirus pandemic, Gotianun-led conglomerate Filinvest Development Corp. grew its attributable first quarter net profit…
Light Rail Transit (LRT) Line 1. FILE PHOTO Infrastructure holding firm Metro Pacific Investments Corp. has taken Japanese conglomerate Sumitomo Corp. as a strategic partner in its elevated railway business…
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