Peso slides to record low, boosting case for bigger hikes
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The peso tumbled to a record low, boosting pressure on the central bank to raise interest rates more aggressively to stem the…
Putin denies Gorbachev a state funeral and will stay away
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Former Soviet Union President Mikhail Gorbachev in May 2008. — European Parliament/Pietro Naj-Oleari Russian President Vladimir Putin is to miss the funeral…
Twitter will roll out long-awaited edit button to paid subscribers
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AKSHAR DAVE-UNSPLASH Twitter Inc. will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media…
Converge said to weigh $1B unit deal
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CONVERGE ICT SOLUTIONS INC./YOUTUBE Converge ICT Solutions Inc. is considering selling a stake in its infrastructure platform, according to people familiar with…
SM Supermalls cooks up an #AweSMFOODTRIP Grand Food Fest
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Exciting deals and events await you at SM Supermalls’ Grand Food Fest this September! Feast on an #AweSMFOODTRIPatSM where you can get…
BSP hikes rural banks’ required capital
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BW FILE PHOTO THE BANGKO SENTRAL ng Pilipinas (BSP) raised the minimum capital requirement for rural banks to at least P50 million,…
Manufacturing activity improves in August
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REUTERS By Diego Gabriel C. Robles THE PHILIPPINES’ manufacturing sector continued to expand for a seventh straight month in August, as production…
ABS-CBN, TV5 terminate landmark partnership deal
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By Arjay L. Balinbin, Senior Reporter ABS-CBN CORP. and TV5 Network, Inc. of the Pangilinan group’s MediaQuest Holdings, Inc. on Thursday said…
FIRB says extension of WFH scheme lacks legal basis
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COURTESY OF CONTACT CENTER ASSOCIATION OF THE PHILIPPINES THE PHILIPPINE Economic Zone Authority’s (PEZA) decision to extend the work-from-home (WFH) arrangement for…
RFM allots P1.2B to expand milk, growing segments
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FOOD and beverage firm RFM Corp. approved a P1.2-billion capital expenditure (capex) budget to expand the production capacities of its milk segment…