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 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 – A woman diagnosed with Stage 3 breast cancer barely a month after the coronavirus disease 2019 (Covid-19) pandemic, claimed to have been healed of the deadly disease through the intercession of Nuestra Señora de la Salud (Our Lady of Health)... 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 – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high. ... Read full article
MANILA – The Bangko Sentral ng Pilipinas (BSP) sees the issuance of the implementing rules and regulations (IRR) on expanding the provision of internet service through satellite services as further promoting financial inclusion and digital finance in... Read full article
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 – 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 – 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