THE power subsidiary of listed conglomerate Ayala Corp. (AC) expects to bring in an additional 370 megawatts (MW) to the Luzon grid by the end of next year.
Nov 132014
Nov 122014
FALLING imports could curb the growth of merchandise exports this quarter, DBS Bank Ltd. said on Wednesday.
Nov 122014
A MAJOR Japanese business delegation will visit the country in February, the Department of Trade and Industry (DTI) said on Wednesday.
Nov 122014
IN AN ERA when globalization and technological advances are rapidly changing our lives, the landscape has become more competitive for finding innovative talent that will lead the company to the top. This reality has opened the door for creative compensation practices to attract employees. One of these is share-based compensation schemes like stock options. The popularity of stock options as a means of compensating employees has reached the Philippines and apparently has not eluded the attention of the Bureau of Internal Revenue (BIR), which continues to search for potential sources of tax.
Nov 112014
THE government plans to start the bidding process for the unused natural gas stored at the Malampaya gas reservoir by early next year, the Energy department said.
Nov 112014
A UNIT of Manila Electric Co (Meralco) is planning to deploy more electric vehicles (EVs) at a university campus in Quezon City, a senior official said on Monday.
Nov 112014
TWO LAWMAKERS have proposed the creation of a new agency, the Office for Investor Facilitation and Protection (OIFP) to improve and oversee foreign direct investment (FDI) and raise the level of protection for investors.
Nov 102014
VEHICLE sales in the Philippines this year are expected to be in line with or even exceed the forecast of 250,000 units, with the domestic auto sector registering one of the strongest growth rates in Southeast Asia, auto industry officials said.
Nov 102014
MOODY’S Corp. and the Organization for Economic Cooperation and Development (OECD) highlighted the Philippines’ improving economic position at the Asia-Pacific Economic Cooperation (APEC) Chief Executive Officers’ (CEO) Summit, a Palace official said.
Nov 102014
SHARE-BASED payments have become prevalent in the corporate world, especially for publicly listed companies. One of the most common share-based payments is the stock option plan (SOP) or stock-based compensation for employees. Just recently, the Securities and Exchange Commission (SEC) allowed a publicly listed company to exercise its employees’ SOP amounting to as much as P7 billion.