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
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
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 – The Philippines’ main equities index finished the year’s first trading day up ahead of the release of several major economic reports in the US, and the peso ended sideways against the US dollar.... Read full article
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 – The Philippines’ current account (CA) is projected to post a higher deficit in the coming years but a ranking central bank official said there are structural inflows that would offset this... Read full article
MANILA – Positive sentiments continued to buoy the local bourse on Thursday, and this benefited the local currency as well after it again touched the 50-level against the US dollar. ... 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 – The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam.... Read full article
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