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Economy

EconomyForex

Peso sinks ahead of Fed decision

By
November 2, 2022
1 Mins read
JULIAN PAOLO DAYAG-UNSPLASH THE PESO weakened versus the dollar on Wednesday on expectations of another aggressive rate hike from the US Federal…
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EconomyForex

Stocks rise on improved manufacturing activity

By
November 2, 2022
2 Mins read
PHILIPPINE SHARES rose on Wednesday on improved manufacturing activity last month and as strong earnings of listed companies continued to boost market…
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EconomyForex

Hotels hit 60-80% occupancy; full recovery expected in 2024

By
November 2, 2022
2 Mins read
HOTEL OCCUPANCY levels are currently between 60 and 80%, and are expected to return to pre-pandemic levels starting 2024, an industry executive…
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EconomyForex

Fishing industry warns gov’t not to use storm as pretext for imports

By
November 2, 2022
2 Mins read
BW FILE PHOTO THE AQUACULTURE industry said the government should not us the recent storm as a pretext to authorize fish imports,…
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EconomyForex

Customs exceeds Oct. target

By
November 2, 2022
1 Mins read
COURTESY OF ICTSI THE BUREAU of Customs (BoC) said Wednesday that it exceeded its collection target for a tenth straight month in…
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EconomyForex

Prime Infra to seek Malampaya service contract extension

By
November 2, 2022
1 Mins read
PRIME INFRASTRUCTURE Capital, Inc. (Prime Infra) is seeking to extend the license for Service Contract (SC) 38 covering the Malampaya gas-to-power project,…
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EconomyForex

Japan to help improve Philippine mountain road safety

By
November 2, 2022
1 Mins read
MOUNTAIN- PROVINCE DRRM OFFICE THE DEPARTMENT of Public Works and Highways (DPWH) said Wednesday that Japan will provide assistance in improving mountain…
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EconomyForex

Supermarkets facing higher costs even as revenues rise

By
November 2, 2022
1 Mins read
SUPERMARKETS are dealing with higher operating costs as pandemic restrictions ease, with an industry official saying that the pickup in sales is…
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EconomyForex

Business restructuring at arm’s length

By
November 2, 2022
4 Mins read
“It is not the strongest or the most intelligent who will survive but those who can best manage change.” This warning by…
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EconomyForex

Trade deficit balloons to $29.8B in first half

By
November 2, 2022
2 Mins read
PHILIPPINE STAR/ EDD GUMBAN The Philippines’ balance of trade deficit in the first half widened slightly more than initially reported due to…
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