MANILA – The main equities index finished the week’s first trading day higher on hopes for continued deceleration of US inflation rate but the peso weakened against the US dollar.... Read full article
MANILA – Local pharmaceutical firm Lloyd Laboratories Inc. (LLI) is eyeing a “fill and finish” operation for a new Chinese vaccine against coronavirus disease (Covid-19) that is still undergoing clinical trials.... Read full article
ANKARA – Goldman Sachs has lowered its forecast of the United States (US) economic growth for this year to 5.7 percent from 6.2 percent.... 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 – 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 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 – State-owned Development Bank of the Philippines (DBP) has approved a PHP2.5-billion credit assistance to Innov Block Development Corporation (IBDC) to finance the ongoing construction and completion of The Limketkai Podium –a lifestyle and c... Read full article
This article explores Holy Week, the pinnacle of the Christian calendar, detailing the series of events from Palm Sunday to Easter Sunday that commemorate Jesus Christ's last days, crucifixion, and resurrection. It underscores the transformation from... 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
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