Business

Megawide fights back against Naia’s ‘unfounded’ rumors

[ad_1] Megawide Construction Corp. offers to retain current employees of Manila’s Ninoy Aquino International Airport (Naia) should it win the massive privatization deal to modernize the country’s main air gateway. Megawide, a construction company that branched out into infrastructure projects, is rejecting what it calls “unsubstantiated rumors and innuendo” following …

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AREIT’s earnings fell 19.6% at the end of September.

[ad_1] Real estate investment trust (REIT) pioneer AREIT Inc., posted P844 million in net earnings for the January-September period, a 19.6 percent decline year-over-year, primarily due to one-time gains on finance leases that increased the comparison. earnings last year. Leaving aside the non-recurring gain under finance leases that amounted to …

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Subsidies to state companies at P199.6B in 9 months

[ad_1] The SUBSIDIES granted by the national government to state companies from January to September reached P199.6 billion, a level that is already close to the record amount it granted for the entire year in 2019. The latest data from the Treasury Office showed that government owned and controlled corporations …

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2 Solid Coronavirus Treatment Stocks to Buy Right Now

[ad_1] COVID-19 probably won’t be a fad. Despite the very real possibility that one or more vaccines will be approved in record time, doctors still hope that the viral disease will persist as a fairly common seasonal disease during the current decade. After all, vaccines are highly unlikely to be …

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Inflation looks a bit faster in October.

[ad_1] A spike in fares and the cost of transportation may also have contributed to faster inflation in October. – PHILIPPINE STAR / MICHAEL VARCAS By Luz Wendy T. Noble, Reporter INFLATION may have picked up slightly in October due to an increase in food prices and transportation costs, as …

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