Peso sinks on higher debt, Fed hike bets
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PIXABAY THE PESO sank against the dollar on Thursday as the government’s outstanding debt ballooned to P12.76 trillion as of April and…
Stocks continue drop amid inflation concerns
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SHARES continued to decline on Thursday on concerns over rising inflation, which could cause further tightening by the US Federal Reserve, and…
Food regulator proposed to tackle agri smuggling
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BOC-NAIA destroys smuggled goods without health and safety clearances — BUREAU OF CUSTOMS A FOOD Safety Regulatory Administration (FSRA) has been proposed…
FSCC to take ‘preemptive’ stance vs emerging systemic risks
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TARTILLA-FREEPIK THE Financial Stability Coordination Council (FSCC) said it will move to preempt the disruptive effects of emerging systemic risks, especially those…
PPP seen needing overhaul to be more attractive to investors
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JCOMP-FREEPIK A SENIOR LEGISLATOR said public-private partnership (PPP) schemes for infrastructure require more attractive terms to ensure private-sector participation, and promised to…
JoyRide rejects LTFRB allegation of ‘excessive’ fares
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JOYRIDE Ecommerce Technologies Corp. (JoyRide), which operates a four-wheel transport network vehicle service, rejected allegations that it was charging fares beyond the…
Trade dep’t upgrades e-Presyo online price monitoring system
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THE Department of Trade and Industry (DTI) said it introduced an improved version of its e-Presyo online price monitoring system. Trade Secretary…
Move on from Marcos estate tax issue, Pinoys told
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PRESIDENT-ELECT Ferdinand R. Marcos, Jr. — PHILIPPINE STAR/ KRIZ JOHN ROSALES THE MARCOS family’s billions of pesos worth of unpaid estate tax…
China spurns DFA protest against annual fishing ban
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Fisherfolks in Scarborough Shoal area in Masinloc, Zambales. — REUTERS CHINA has rejected the Philippines’ protest against its yearly fishing ban in…
Pharmally officials freed after almost 7 months in jail
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TWO officials of a company that allegedly sold overpriced medical supplies to the government were released from the Pasay City jail on…