Peso weakens against the dollar on Powell remarks, rising oil prices
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THE PESO dropped against the dollar for the third straight day on Tuesday on hawkish comments from the US Federal Reserve chief…
PSEi returns to 7,000 level on bargain hunting
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SHARES went up on Tuesday on last-minute bargain hunting and the government’s approval of the Public Service Act, which will allow full…
Mactan Airport, NCR water deals reviewed for contingent liability
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THE Department of Finance (DoF) said the contracts for 12 major public-private partnership (PPP) projects have been reviewed to evaluate the risk…
Business chambers see amended PSA improving FDI climate
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BUSINESS CHAMBERS said they expect the liberalization of the Public Service Act (PSA) to enhance competition and attract more investment, particularly in…
PHL travel industry woos Japan with sales pitch focused on safety
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REUTERS THE Department of Tourism (DoT) said it has pitched the Philippines to the Japanese travel market as a safe destination, following…
PHL supports India inclusion in RCEP bloc
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REUTERS THE Philippines is supporting the admission of India into the Regional Comprehensive Economic Partnership (RCEP) trade bloc, which New Delhi withdrew…
DoE advises gov’t agencies to save power ahead of polls
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PHILSTAR THE Department of Energy (DoE) said on Tuesday that it issued an advisory to government agencies to conserve energy due to…
PEZA seeks Comelec exemption from election-period ban on transport of industrial chemicals
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THE Philippine Economic Zone Authority (PEZA) is asking the Commission on Elections (Comelec) to certify as a permitted activity the transport of…
PhilRice to distribute 1.8M bags of seed in 42 provinces
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PHILSTAR THE Philippine Rice Research Institute (PhilRice) said it is set to distribute 1.8 million bags of certified seed to more than…
DAP removed from roster of GOCCs
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DEVELOPMENT ACADEMY OF THE PHILIPPINES FB PAGE THE Development Academy of the Philippines (DAP) has been excluded from the list of government-owned…