Peso strengthens on aggressive BSP hike
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THE PESO continued to strengthen against the dollar on Thursday as the Bangko Sentral ng Pilipinas (BSP) delivered its biggest-ever rate hike…
PSEi slips as BSP raises rates in surprise move
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BW FILE PHOTO LOCAL SHARES slipped on Thursday, recouping earlier losses, following a surprise rate hike by the Bangko Sentral ng Pilipinas…
Legislators consider new tax, privatization bills
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By Diego Gabriel C. Roblesand Alyssa Nicole O. Tan, Reporter MEMBERS of Congress are exploring untapped sources of potential funds, ranging from…
DTI’s Pacual calls RCEP a Marcos priority
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REUTERS PARTICIPATION in the Regional Comprehensive Economic Partnership (RCEP) is a government priority, Trade Secretary Alfredo E. Pascual said on Thursday. “RCEP…
PEZA announces appointment of OIC
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THE Philippine Economic Zone Authority (PEZA) said Tereso O. Panga has been named officer-in-charge (OIC) director general, with effect from July 1,…
Bill proposes 30-year timeline for infrastructure projects
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PHILIPPINE STAR/ MICHAEL VARCAS A BILL seeking to create a 30-year planning horizon for infrastructure and establishing a National Infrastructure Program has…
No sugar shortage, industry says; high prices blamed on ‘hoarding’
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SUGAR producers said on Thursday that the supply of sugar is ample and blamed the prevailing high prices on “manipulation and hoarding.” …
Marcos urged to appoint sugar regulator before Sept.
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REUTERS THE GOVERNMENT must appoint the next set of officials at the Sugar Regulatory Administration (SRA) before the start of the next…
China says Philippines’ 2016 arbitral award illegal
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BW FILE PHOTO By Alyssa Nicole O. Tan, Reporter CHINA on Wednesday said a 2016 arbitral ruling by a United Nations-backed tribunal…
DPWH completes P92-M flood control project in Sampaloc, Manila
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DPWH.GOV.PH THE Department of Public Works and Highways (DPWH) said on Thursday that it completed a flood control project in Sampaloc, Manila….