Economy

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…

Fisheries Management Areas (FMAs) will implement the National Sardines Management Plan (NSMP) to address declining stocks, the Agriculture department said in a…

PEOPLE waited for their turn to be inoculated with the Pfizer-BioNTech COVID-19 vaccine at SM Megamall at the start of the government’s…

The Asian Infrastructure Investment Bank (AIIB) approved on Thursday night a $250-million loan to help the Philippines buy more coronavirus vaccines, according to the Finance chief.  The…

Flag carrier Philippine Airlines (PAL) and budget airline Cebu Pacific canceled more flights on Friday as Typhoon Rai, locally named Odette, battered the central and western parts…

The northern portion of Palawan province was placed under signal No. 3 on Friday as Typhoon Rai, known locally as Odette, was projected to make another landfall there.  Covered by the…