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
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 – 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 performance of the country's manufacturing sector continued to improve in May, posting four months of consecutive growth.... Read full article
MANILA – With the easing of travel restrictions and lowering of alert level in Metro Manila and other parts of the country, balancing health and economy will be possible... 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 – Supporting the government’s Public Utility Vehicle Modernization Program (PUVMP), Hyundai Asia Resources Inc. (HARI) and 30 local transport cooperative groups have signed a memorandum of understanding (MOU) for the rollout of more modern PUV... Read full article
ANKARA – Oil prices rose on Monday over ongoing fears that the Organization of the Petroleum Exporting Countries (OPEC) will squeeze output to stabilize the market while data shows demand rising in Asia, Europe, and the United States.... Read full article
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
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