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MANILA – Finance Secretary Carlos Dominguez III lauded President Rodrigo Roa Duterte and Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to further liberalize the Philippine economy ... Read full article
MANILA – Department of Trade and Industry (DTI) Secretary Ramon Lopez said supplies of paracetamol and other flu medicines at drugstores will start to normalize this weekend.... Read full article
MANILA – A local pharmaceutical company is eyeing the manufacture of Molnupiravir, an oral medicine said to reduce severe symptoms of Covid-19, Department of Trade and Industry (DTI) Secretary Ramon Lopez said.... Read full article
MANILA – Placing the National Capital Region Plus back on Alert Level 3 due rising coronavirus disease 2019 (Covid-19) cases is seen to result in a weekly gross value added (GVA) loss of around PHP3 billion, economic managers said.... Read full article
MANILA – Rising domestic coronavirus disease 2019 (Covid-19) infections continue to have an impact on investors, resulting in the negative close of both the main stocks index and peso on Friday.... Read full article
MANILA – The country’s economic outlook for this year remains rosy, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion said during the Laging Handa public briefing Tuesday.... Read full article
MANILA – Local shares bounced back on Thursday as bargain hunters looked for markets with no presence yet of the Omicron variant of the coronavirus disease 2019 (Covid-19), while the peso ended the day’s trading almost unchanged.... Read full article
MANILA – The Philippine peso is expected to remain generally firm against the US dollar as the Christmas holiday nears, a season for increased inflows from overseas Filipino workers (OFWs). ... Read full article
MANILA – The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills moved sideways as demand remains despite the higher offer volume this week.... Read full article
MANILA – Profit-taking resulted in another drop in the Philippine Stock Exchange index (PSEi) on Friday but the peso appreciated against the US dollar.... Read full article
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