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Economy

EconomyForex

Pressure to raise jeep fares grows

By
March 8, 2022
3 Mins read
PHILIPPINE STAR/ MICHAEL VARCAS By Arjay L. Balinbin, Senior Reporter THE LAND Transportation Franchising and Regulatory Board (LTFRB) is facing pressure to…
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EconomyForex

Dollar reserves rise to $107.98B as of end-Feb.

By
March 8, 2022
2 Mins read
REUTERS By Luz Wendy T. Noble, Reporter THE PHILIPPINES’ gross international reserves (GIR) edged higher as of end-February amid the higher valuation…
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EconomyForex

Number of OFWs fell nearly a fifth to 1.8M in 2020

By
March 8, 2022
3 Mins read
PHILIPPINE STAR/ EDD GUMBAN By Abigail Marie P. Yraola, Researcher  THE NUMBER of registered overseas Filipino workers (OFW) declined by nearly a…
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EconomyForex

DMCI Holdings profit soars on units’ strong growth

By
March 8, 2022
2 Mins read
DMCI Holdings, Inc. on Tuesday reported a core net income of P5.01 billion in the fourth quarter, up 145% year on year,…
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EconomyForex

Petron swings to P6-B profit amid easier mobility

By
March 8, 2022
1 Mins read
PETRON.COM PETRON Corp. swung to profitability in 2021 with a reported net income of P6.14 billion from P11.4-billion net loss in 2020…
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EconomyForex

Manila Water unit acquires Davao water company

By
March 8, 2022
1 Mins read
MANILA Water Philippine Ventures, Inc. (MWPV), a wholly owned subsidiary of Manila Water Co., Inc., acquired full ownership of Davao Del Norte…
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EconomyForex

Art Fair Philippines goes hybrid

By
March 8, 2022
5 Mins read
1 of 2 AFTER getting more than 276,000 website views and over 40,000 visitors in its first online edition in 2021, Art…
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EconomyForex

Slow recovery seen for consumer goods industry

By
March 8, 2022
2 Mins read
THE country’s fast moving consumer goods (FMCG) industry is projected to have a slow return to pre-pandemic levels, according to data and…
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EconomyForex

Expect risk of COVID-19 reinfection, experts say

By
March 8, 2022
2 Mins read
PHILIPPINE STAR/ MICHAEL VARCAS By Brontë H. Lacsamana, Reporter LOCKDOWNS have been lifted and the number of coronavirus disease 2019 (COVID-19) infections…
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EconomyForex

Duterte appoints ex-Marcos lawyer to Comelec

By
March 8, 2022
3 Mins read
PHILSTAR PRESIDENT Rodrigo R. Duterte has appointed three new election officials, including a lawyer who represented the son of the late dictator…
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