Banks’ earnings rebound sustained despite rate hikes
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JULIAN PAOLO DAYAG-UNSPLASH By Lourdes O. Pilar, Researcher RISING INTEREST RATES and further reopening of the economy brought strong earnings to listed…
Peso may weaken further vs dollar as Powell says US rates to remain high
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THE PESO may decline further against the dollar following hawkish remarks from the US Federal Reserve chief, causing global recession worries anew….
PHL shares may drop as Powell spooks markets
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PHILIPPINE SHARES may move sideways with a downward bias this week on hawkish signals from the US Federal Reserve chief and following…
Petition to hike taxi flag-down rate awaiting LTFRB decision
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PHILIPPINE STAR/ MICHAEL VARCAS By Arjay L. Balinbin, Senior Reporter TAXI OPERATORS said they are awaiting a decision from the Land Transportation…
Mining bill expected to raise gov’t revenue but poses risk to FDI growth
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DAVID HELLMANN-UNSPLASH By Luisa Maria Jacinta C. Jocson, Reporter THE proposed new fiscal regime to govern the mining sector is expected to…
2040 capacity target for new-build renewables set at 52,826 megawatts
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Solar panels are being installed on the roof of a mall. — GREEN HEAT HANDOUT PHOTO THE Department of Energy (DoE) said…
Feed-dependent industries urge more budget support for yellow corn production
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REUTERS INDUSTRIES dependent on animal feed called on the government to raise its budget allocation for raising corn output, saying corn scarcity…
Palace says salt industry modernization initiatives underway
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PHILIPPINE STAR/ EDD GUMBAN THE government is developing programs to modernize the salt industry, the Palace spokeswoman said. “The National Government is…
British chamber calls developing-countries scheme PHL’s likeliest path to free trade with UK
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THE British Chamber of Commerce Philippines (BCCP) said the UK’s new Developing Countries Trading Scheme (DCTS) will likely be the preferred channel…
Fish farm output, quality suffering from dearth of feed, fingerlings
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BRUCE WARRINGTON-UNSPLASH THE productivity of fish farms and the quality of their output are declining due to the feed and fingerling shortages,…