MANILA – A bank executive has cited the Bangko Sentral ng Pilipinas’ (BSP) payment system using the quick response (QR) code as a catalyst to further boost digital payments in the country.... Read full article
MANILA – A decline of oil prices overnight partly improved the risk-on sentiments in the local bourse resulting in the positive close of both the main equities index and the peso on Tuesday. ... Read full article
MANILA – The Department of Transportation (DOTr) is set to recommend to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) an increase in passenger capacity in public utility vehicles... Read full article
MANILA – The government’s decision to bring in the Sinovac vaccine from China as the first Covid-19 jab to be administered to priority sectors has “saved” the country when vaccine hesitancy was at its highest and supply was scarce.... Read full article
MANILA – The Bangko Sentral ng Pilipinas (BSP) sees the issuance of the implementing rules and regulations (IRR) on expanding the provision of internet service through satellite services as further promoting financial inclusion and digital finance in... Read full article
MANILA – The Philippines’ main equities index ended the week in the red following the higher-than-expected jobless claims in the United States, but the peso strengthened against the US dollar.... Read full article
MANILA – The Philippines’ long-term prospects remain positive, a Department of Finance (DOF) economic bulletin said after noting the recovery of foreign direct investments (FDIs) in the first half of the year.... Read full article
MANILA – Bank executives have backed the move to grant fully vaccinated individuals greater mobility, citing its contribution to the domestic economy’s recovery from the pandemic. ... Read full article
MANILA – Robust demand for the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills resulted in the rise of the debt paper’s rates on Friday.... Read full article
MANILA – The peso is expected to trade within a wide range this and next year given the pandemic-related developments, as policy responses impact on investors’ confidence on the economy in general, Fitch Solutions said. ... Read full article
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