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
MANILA – The Philippines’ long-term prospects remain positive, a Department of Finance (DOF) economic bulletin said after noting the recovery of foreign direct investments (FDIs) in the first half of the year.... Read full article
MANILA – The Department of Transportation (DOTr) is set to recommend to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) an increase in passenger capacity in public utility vehicles... Read full article
MANILA – The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam.... Read full article
MANILA – The Cooperative Development Authority (CDA) has launched the Co-op Biz, an online marketplace for CDA-registered cooperatives, aiming to bring local cooperatives’ products to the global market.... Read full article
MANILA – The peso is expected to trade within a wide range this and next year given the pandemic-related developments, as policy responses impact on investors’ confidence on the economy in general, Fitch Solutions said. ... Read full article
MANILA – Magnate Enrique Razon Jr. is buying a majority share of Dennis Uy’s Udenna Corp. in the Malampaya gas field, Razon’s infrastructure business Prime Infra Holdings Inc. said Thursday.... Read full article
MANILA – Moody’s Analytics forecasts the sustained expansion of the Philippine economy in the second quarter of 2022 at 8.8 percent.... Read full article
MANILA – The Court of Appeals (CA) has turned down a petition filed by a subsidiary of retail giant Robinsons for the use of the "My Choice" food and beverage products in its Ministop convenience stores.... Read full article