Outstanding PHL bonds up by 3.1% in the first quarter
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THE PHILIPPINE bond market grew faster in the first quarter versus the previous three-month period as the government frontloaded its borrowings, the…
Peso weakens vs dollar ahead of Powell testimony
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BW FILE PHOTO THE PESO weakened against the dollar on Wednesday ahead of potentially hawkish remarks from US Federal Reserve Chair Jerome…
Shares drop ahead of BSP meet, Powell testimony
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BW FILE PHOTO STOCKS declined further on Wednesday as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and the…
‘Junk food’ tax, higher excise on sweet drinks could raise P76B
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A woman shops inside a supermarket in Quezon City, Jan. 16, 2023. — PHILIPPINE STAR/MIGUEL DE GUZMAN A TAX on “junk food”…
Bid invitations issued for PGH cancer center
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PNA THE Public-Private Partnership (PPP) Center said it has made available to interested parties the bid documents for the Philippine General Hospital…
PHL rice imports up 7.69% in 5 months to May
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PHILSTAR THE PHILIPPINES imported 1.62 million metric tons (MT) of rice in the five months to May, up 7.69% from a year…
Marcos says soil degradation calls for ‘innovative’ solutions
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PHILIPPINE STAR/KRIZ JOHN ROSALES PRESIDENT Ferdinand R. Marcos, Jr. said the Philippine soil degradation and acidification problem demands the adoption of “innovative”…
HSBC sees PHL 2023 GDP growth weakening to 4.8%
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HSBC Group’s private bank said it expects Philippine economic growth to slow to 4.8% this year, but still described the growth as…
DTI backs passage of proposed Internet Transactions Act
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PICKAWOOD/UNSPLASH THE Department of Trade and Industry (DTI) endorsed the immediate passage of the proposed Internet Transactions Act, saying that it will…
Business chamber says sustained recovery to depend on extent of public-private collaboration
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THE Philippine Chamber of Commerce and Industry (PCCI) said the resiliency of the economy will depend on the degree to which the…