MANILA – The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metr... Read full article
MANILA – The Department of Finance (DOF) is now finetuning a proposed arrangement with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corp. (NPC) on the funding rollout and implementation of the estimated PH... Read full article
MANILA – Treasury bill (T-bills) rates were either little changed or flat on Monday as demand remained high amid the huge liquidity situation in the domestic economy. ... Read full article
Explore profitable summer business opportunities in the Philippines, from food and tourism to retail and services. Learn how seasonal demand during peak travel and school breaks creates growth potential for entrepreneurs and MSMEs.... Read full article
MANILA – The Philippines’ main equities index finished the year’s first trading day up ahead of the release of several major economic reports in the US, and the peso ended sideways against the US dollar.... Read full article
MANILA – An analyst has forecast the Philippine peso’s 2022 performance to be driven by changes in the Federal Reserve’s policy rates instead of trade developments, just like what happened last year. ... Read full article
MANILA – The Board of Investments (BOI) has approved the application for registration of Iba Botanicals Inc. as a new export producer of pure essential oils that will soon operate in Zambales.
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MANILA – The Department of Science and Technology has allocated over PHP4.7 million to support a project that would use the internet of things (IoT) in monitoring poultry environment, an official said Friday.... Read full article
MANILA – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high. ... Read full article
ISTANBUL – As global markets try to rebalance after uncertainty due to the US Federal Reserve's (Fed) signals for earlier interest rate hikes, investors and analysts have set their eyes on speeches by Fed officials, including Chairman Jerome Powell.... Read full article
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