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 – The Philippine Stock Exchange index (PSEi) slipped while the peso depreciated on Wednesday following reports of deteriorating manufacturing activities in August.... 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
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 – The Philippine peso is expected to remain generally firm against the US dollar as the Christmas holiday nears, a season for increased inflows from overseas Filipino workers (OFWs). ... Read full article
MANILA – An analyst has forecast the Philippine peso’s 2022 performance to be driven by changes in the Federal Reserve’s policy rates instead of trade developments, just like what happened last year. ... Read full article
MANILA – The Department of Energy (DOE) will ask the 19th Congress to prioritize the review of the oil deregulation law as the agency aims to ease petroleum prices.... 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 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 Board of Investments (BOI) has approved the application for registration of Iba Botanicals Inc. as a new export producer of pure essential oils that will soon operate in Zambales.
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