MANILA – The Bases Conversion and Development Authority (BCDA) under the Duterte administration has contributed PHP25.01 billion to the Armed Forces of the Philippines (AFP), the highest made by a single administration.... 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 – The Board of Investments (BOI) has intensified its effort in partnering with the academe to address skills and job mismatch in the country.... 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
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 – 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 – Philippine office demand will continue to grow driven by information technology-business process management (IT-BPM) firms despite challenges posed by coronavirus disease 2019 (Covid-19) variant Omicron, according to a real estate brokerage ... Read full article
MANILA – High domestic liquidity condition continues to drive the demand for Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills, which posted a lower rate on Friday.... Read full article
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