Economy

Aboitiz Power Corp. announced on Friday that it would issue P10 billion out of its P30-billion shelf-registered bonds in the first quarter…

The board of directors of Basic Energy Corp. has chosen Ramon F. Villavicencio as its new chairman during a regular meeting on…

COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. Philippine shares sustained their gains on Friday after the central bank decided to maintain record-lows interest…

By Jenina P. Ibañez, Senior Reporter  INVESTOR pressures would likely challenge the Philippine central bank’s accommodative stance next year amid monetary tightening by its counterparts across the globe, Fitch Solutions…

Consumers were more pessimistic this quarter amid a high jobless rate and rising prices, the Philippine central bank said on Friday.  The overall confidence index fell to -24%…

THE PHILIPPINE central bank on Friday said it would expand the coverage of entities allowed to engage in foreign currency deposit units (FCDU) to include Islamic and…

WIKIMEDIA COMMONS By Ana Olivia A. Tirona, Researcher   MORE FILIPINOS were driven into poverty in the first half, according to the local statistics agency. …

The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon…

philstar PRESIDENT RODRIGO R. Duterte on Friday signed an executive order (EO) lowering the real property tax (RPT), interest, and penalties on…

Trade and Industry Secretary Ramon M. Lopez said the Information Technology and Business Process Management (IT-BPM) sector will take the lead in…