Business Cost News

Construction of NLEX-SLEX Connector Road to start...

2 April, 2018 at 13:49

The tollways unit of Manuel Pangilinan-led Metro Pacific Investments Corporation (MPIC) will start building a toll road connecting the North Luzon Expressway (NLEX) and the South Luzon Expressway (SLEX) by July this year.

[OPINION] Design–the competitive edge

2 April, 2018 at 10:24

Why design? With growing access to better technology, the new competitive advantage lies in the ability to carve out and create new markets through the fusion of business, technology and arts.

Success ensures ASEAN’s long-term importance to the...

27 March, 2018 at 09:26

At the APEC Summit in November 2017, US President Donald Trump declared, ‘We are not going to let the United States be taken advantage of anymore … I am always going to put America first’.

Business has mixed reactions on 6-month closure...

26 March, 2018 at 10:14

The business community has mixed reactions about the temporary closure of Boracay, but some have said that it was about time the government did something to address the problem.

TRAIN 2 worries investors – PEZA

23 March, 2018 at 12:00

Apprehensive of the impact on the planned government incentives rationalization being crafted under Package 2 of the TRAIN, the Philippine Economic Zone Authority (PEZA) said the government “should not kill the goose that lays the golden egg”…

Investments in Subic Freeport fell by almost...

23 March, 2018 at 10:00

Investments registered by the Subic Bay Metropolitan Authority (SBMA), operator of the country’s premier freeport zone Subic Freeport, dropped by almost half in 2017 to P3.63 billion from P6.7 1billion in 2016.

Shopping malls boom as Filipinos shrug off...

22 March, 2018 at 14:00

Rising inflation and a weakening peso will not deter Filipinos from spending in malls.

Philippines on wrong path to agro-industrialization

22 March, 2018 at 10:15

Even as the Philippines continues to lag behind its neighbors in the agriculture sector, it is now moving to modernize the industry to keep up with the increasing population and effects of climate change.

Group warns of threats to growth

20 March, 2018 at 15:05

One of the country’s most influential business groups wants the government to let the impeachment process against the chief justice run its course, noting that the respect for the rule of law was “absolutely essential” for business to keep on investing.

Boracay closure to hit entire tourism industry

20 March, 2018 at 10:19

The total closure of Boracay for a maximum of one year will not only impact the tourism of the island but of the entire country, an industry group said yesterday.

Finance department moves to allay investor concerns...

19 March, 2018 at 18:30

The Department of Finance (DoF) has sought to assuage investor concerns about the loss of incentives under the second tax reform package that could make it even harder for the Philippines to compete with neighbors for foreign direct investments.

Groups cry foul over planned closure of...

19 March, 2018 at 16:30

Economic sabotage.

NAIA rehabilitation by Megawide-GMR

19 March, 2018 at 12:30

NAIA… Clark… Bulacan… Sangley… Twenty months into the Duterte administration and government has yet to decide where the country’s principal gateway will be.

Foreign investments in manufacturing sector soared 244%...

19 March, 2018 at 10:20

Foreign direct investments (FDIs) in manufacturing reached $1.15 billion worth in 2017, a jump of 244 percent from year-ago level, preliminary central bank data showed.




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