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EconomyForex

Shipowners make payoffs to free vessels held by Indonesian navy near Singapore

By
November 14, 2021
3 Mins read
REUTERS SINGAPORE — More than a dozen shipowners have made payments of about $300,000 apiece to release vessels detained by the Indonesian…
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EconomyForex

Duterte daughter to run for VP, allies herself with dictator's son

By
November 13, 2021
2 Mins read
The daughter of Philippine President Rodrigo R. Duterte will run for vice-president next year in tandem with the son and namesake of…
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EconomyForex

Ayala Land, BPI Foundation, Bayan Academy join hands to empower social enterprises

By
November 13, 2021
1 Mins read
At the ribbon-cutting ceremony, JAZA (fourth from the left) was joined by (from left) Ayala Malls President Chris Maglanoc, Ayala Land Board…
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EconomyForex

Philippines to offer P30B in retail treasury bonds

By
November 12, 2021
1 Mins read
REUTERS The Bureau of the Treasury (BTr) will offer peso-denominated, five-and-a-half-year retail treasury bonds (RTB) in a minimum principal amount of P30…
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EconomyForex

Philippines to impose COVID-19 vaccine mandate for on-site workers

By
November 12, 2021
2 Mins read
Photo by Michael Varcas, The Philippine Star By Kyle Aristophere T. Atienza, Reporter The Philippine government will require employees, both public and…
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EconomyForex

October dollar reserves inch up

By
November 12, 2021
2 Mins read
REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the…
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EconomyForex

Meralco rates to increase in November

By
November 12, 2021
2 Mins read
By Revin Mikhael D. Ochave, Reporter Residential customers of Manila Electric Co. (Meralco) will see an increase in their electric power bills…
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EconomyForex

Ayala Logistics to acquire 60% stake in Air21 Group

By
November 12, 2021
1 Mins read
Company handout Ayala Logistics Holdings Corp. (AC Logistics) is acquiring a 60% stake in Air 21 Holdings, Inc. (AHI), a company owned…
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EconomyForex

Ayala Corp. nets P9 billion in Q3

By
November 12, 2021
2 Mins read
Ayala Corp. booked a third-quarter net income of P9 billion, which got a boost from the divestment of thermal assets and Ayala…
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EconomyForex

LT Group books P6B profit in 3rd quarter

By
November 12, 2021
1 Mins read
LT Group, Inc. (LTG) saw its third quarter attributable net income improve by 2.3% to P6.22 billion year-on-year, despite a dip in…
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