BSP may raise rates by 50 bps next week
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BW FILE PHOTO THE UNITED STATES Federal Reserve’s aggressive tightening will put more pressure on the Bangko Sentral ng Pilipinas (BSP) to…
Philippine tourism’s share to economy inches up in 2021
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Tourists enjoy kayaking in El Nido, Palawan on April 8. — PHILIPPINE STAR/ KRIZ JOHN ROSALES By Abigail Marie P. Yraola, Researcher…
Chicken output set to decline as cost of feed rises
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THE PHILIPPINES will likely produce fewer chickens in the coming months with numbers reduced by pricier, lower-quality feed and poor weather, an…
PHL shares up on bargain hunting after Fed hike
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REUTERS SHARES climbed on Thursday on bargain hunting and as Wall Street cheered the US Federal Reserve’s decision to hike interest rates…
Peso weakens further after Fed hikes rates by 75 bps
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THE PESO weakened further against the dollar on Thursday after the US Federal Reserve delivered its biggest rate hike since 1994. The…
LRT-MRT-Subway Common Station expected to be complete this month
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PHOTO FROM DEPARTMENT OF TRANSPORTATION THE Transportation department said on Thursday that the Unified Grand Central Station, or Common Station, in North…
Angara says PHL debt of P12.7 trillion still ‘reasonable’
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PHILSTAR FILE PHOTO THE PHILIPPINES’ debt of P12.7 trillion is still “reasonable,” a ranking Senator said, in the context of increased global…
Power consumers pay only 12% VAT overall, ‘no double taxation’ — DoF
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THE Department of Finance (DoF) said on Thursday that power consumers pay 12% value-added tax (VAT) only once, following remarks by the…
BoI approves registration of P118.5-million chicken project
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DA.GOV.PH THE Board of Investments (BoI) said it approved the registration of a P118.5-million broiler chicken farm in South Cotabato. In a…
Maynilad customers to receive rebates on March-June water bills
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MAYNILAD Water Services, Inc. customers in selected areas of Metro Manila will receive minor corrections in their water bills in the form…