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MANILA – Local shares bounced back on Thursday as bargain hunters looked for markets with no presence yet of the Omicron variant of the coronavirus disease 2019 (Covid-19), while the peso ended the day’s trading almost unchanged.... Read full article
MANILA – Robust demand for the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills resulted in the rise of the debt paper’s rates on Friday.... 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 – A local pharmaceutical company is eyeing the manufacture of Molnupiravir, an oral medicine said to reduce severe symptoms of Covid-19, Department of Trade and Industry (DTI) Secretary Ramon Lopez said.... Read full article
DAVAO CITY – The Aboitiz Foundation Inc., together with Hedcor, committed PHP7.8 million worth of projects in its host communities in Mindanao as they inked a memorandum of agreement (MOA) with its partners from this city, Davao del Sur, and Bukidnon... 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
MANILA – Placing the National Capital Region Plus back on Alert Level 3 due rising coronavirus disease 2019 (Covid-19) cases is seen to result in a weekly gross value added (GVA) loss of around PHP3 billion, economic managers said.... Read full article
MANILA – Department of Energy (DOE) Secretary Alfonso Cusi said prices of petroleum products are expected to further increase until early next year with the current shortage in oil supply in the world market.... Read full article
MANILA – A bank executive has cited the Bangko Sentral ng Pilipinas’ (BSP) payment system using the quick response (QR) code as a catalyst to further boost digital payments in the country.... Read full article
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