MUFG sees peso at P62:$1 until end-2026
By Katherine K. Chan, Reporter THE PESO will likely hover around the P62-a-dollar handle until yearend as global headwinds and the country’s persistent trade deficit...
Category : World
QDMTT seen generating P24.4B annually — DoF
THE DEPARTMENT of Finance (DoF) now estimates that the proposed qualified domestic minimum top-up tax (QDMTT) could generate an average of P24.4 billion in additional...
PAL’s 50-year franchise renewal bill clears House
THE HOUSE of Representatives on Wednesday approved on third and final reading a bill seeking to renew Philippine Airlines, Inc.’s (PAL) legislative franchise for another...
Top Line taps second EV partner to broaden fuel station revenue streams
CEBU-BASED Top Line Business Development Corp. has tapped a second electric vehicle (EV) charging partner as it seeks to broaden revenue streams from its growing...
Gov’t bond yields jump as risk-off sentiment deepens
THE GOVERNMENT made a partial award of the reissued Treasury bonds (T-bonds) it offered on Wednesday as yields climbed on broad risk-off sentiment amid the...
Prime Infra names SierraCol Chairman Hayward to board
RAZON-LED Prime Infrastructure Capital, Inc. (Prime Infra) has appointed SierraCol Energy Ltd. Chairman Tony Hayward to its board as the infrastructure company expands its presence...
Term deposit yields rise on hawkish BSP
THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits fetched higher a higher average yield on Wednesday despite stronger demand, after its latest policy rate hike...
PAGASA monitors three weather disturbances, raises rainfall warning over seven areas
Three weather disturbances are being monitored on Wednesday, as the southwest monsoon continues to threaten Luzon, with heavy rainfall expected in seven areas, posing a...
Haze linked to Indonesian fires observed in NCR, parts of the country — DENR
Haze linked to forest fires in Kalimantan, Indonesia, was observed in the National Capital Region (NCR) and other parts of the country, with the public...
Philippines’ August PMI grows at fastest pace in nearly 10 years
By Justine Irish D. Tabile, Senior Reporter PHILIPPINE manufacturing activity expanded at its fastest pace in nearly a decade in August, driven by stronger new...