Shares rise as remittances climb 5.2% in Sept.
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PHILIPPINE SHARES rose on Tuesday following the release of data showing cash remittances from overseas Filipino workers (OFWs) increased in September. The…
Peso down ahead of US retail sales data
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THE PESO weakened ahead of the release of US retail sales data. — BW FILE PHOTO THE PESO depreciated versus the greenback…
No subsidy cuts planned as DoF evaluates crop insurer's books
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PHILSTAR THE FINANCE department said it has asked the Philippine Crop Insurance Corp. (PCIC) to make more comprehensive financial disclosures but added…
Return to pre-pandemic growth track seen possible in 7-8 years -- BPI
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REUTERS The Philippines may return to its pre-pandemic growth trajectory in seven or eight years, Bank of the Philippine Islands (BPI) said,…
Startup prospects seen improving by next year
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REUTERS THE ENVIRONMENT for startups is expected to improve next year as the economy undertakes its digital transformation as it recovers from…
PHL hoping to tap Japanese industry for digitization push, climate change projects
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REUTERS THE PHILIPPINES is hoping to solicit greater Japanese participation in the post-pandemic economic recovery, with a focus on digitization, climate change…
MSMEs with land, facilities urged to register as ecozones
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THE Philippine Economic Zone Authority (PEZA) said it encourages micro-, small-, and medium-sized enterprises (MSMEs) to register their land and facilities as…
Closed fishing season in Visayas seen creating 'artificial' shortages
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PHILSTAR THE three-month closed fishing season in the Visayan Sea is expected to cause an “artificial” shortage of fish with a knock-on…
Dutch poultry imports banned temporarily after bird flu outbreak
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REUTERS POULTRY imports from the Netherlands have been temporarily banned after the detection there of H5N1 highly pathogenic avian influenza (HPAI), otherwise…
Philippines posts 849 new cases as testing dips
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PHILIPPINE STAR/MICHAEL VARCAS THE PHILIPPINES reported 849 coronavirus infections on Tuesday, the first time in 10 months that the daily tally fell…