Peso weakens on hawkish signals from US Fed
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BW FILE PHOTO DESPITE the Bangko Sentral ng Pilipinas (BSP) delivering a rate increase on Thursday, the peso continued to weaken against…
PHL stocks flat as investors remain on sidelines
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REUTERS LOCAL stocks were flat on Thursday, as investors remained on the sidelines ahead of the Bangko Sentral ng Pilipinas’ (BSP) widely-expected…
Agents seize P220 million worth of sugar in three separate raids
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BUREAU OF CUSTOMS FACEBOOK PAGE CUSTOMS agents seized 44,000 sacks of hoarded sugar worth P220 million in separate raids north of Manila,…
Marcos, Chinese envoy meet to discuss relations
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BBM FB PAGE PHILIPPINE President Ferdinand R. Marcos, Jr. has met with China’s envoy to the Philippines in a bid to improve…
Philippine DoJ indicts BPI official for involvement in Wirecard fraud
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REUTERS GOVERNMENT prosecutors have indicted an assistant manager of the Bank of the Philippine Islands (BPI) over his alleged involvement in a…
PHL seen on track for 6-7% growth in 2022
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THE economy’s 7.8% expansion in the first half, driven by investment and consumer spending, keeps it on pace for 6-7% growth for…
Farm lobby says sugar tariffication could bring repeat of rice hardships
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PHILSTAR FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter THE farming industry said a liberal import regime for sugar could result…
Small stores, eateries seek gov’t action as sugar shortage impacts sales of softdrinks
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BW FILE PHOTO SMALL STORES and eateries, known as carinderias, are seeking government action because of the difficulty in sourcing sugary products…
PHL metallic minerals output value rises sharply to P112.66B in first half
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DAVID HELLMANN-UNSPLASH THE VALUE of the metallic minerals industry’s output in the first half rose 39.42% to P112.66 billion, driven by strong…
Senate bill to allow WFH for ecozone, freeport locators
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A BILL allowing work-from-home (WFH) arrangements for registered business enterprises in economic zones (ecozones) and freeports without loss of tax and fiscal…