Annual overseas Filipinos’ cash remittances
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CASH REMITTANCES hit a record high in 2022, as…
Term deposit yields climb on expectations of BSP rate hike
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BW FILE PHOTO YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) continued to rise on Wednesday…
Alphabet’s Sandbox AQ raises $500 million for cybersecurity, other quantum work
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OAKLAND, Calif. — Sandbox AQ, a startup spun off from Alphabet, Inc. last year, said on Tuesday it raised $500 million as…
Court affirms denial of Vestas’ tax refund claim for P92 million
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CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) affirmed its ruling that denied Vestas Services Philippines, Inc.’s tax refund claim worth P92.04 million…
NOWCD to mount forum for leaders on the role of corporate directors
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The NextGen Organization of Women Corporate Directors (NOWCD) calls on leaders to join its upcoming forum that will discuss the rights, responsibilities,…
Peso drops as US CPI report fuels Fed woes
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BW FILE PHOTO THE PESO fell to an over one-month low against the dollar on Wednesday as latest US consumer inflation data…
PSE index rebounds as investors pick up bargains
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BW FILE PHOTO PHILIPPINE STOCKS rebounded on Wednesday as investors picked up bargains after the market’s two-day decline and following the release…
Bangko Sentral capital buildup seen stalling if it funds Maharlika
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REUTERS THE central bank said its plan to build up capital to P200 billion could be delayed if legislation obliges it to…
Senate pledges adequate oversight as RCEP bill elevated to plenary
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SENATOR LOREN LEGARDA FACEBOOK PAGE SENATORS sponsored out to the plenary the bill providing the chamber’s concurrence to the Regional Comprehensive Economic…
PHL exposed to LNG spot market volatility as Malampaya supply dwindles — Fitch
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ENERGY.AGPGLOBAL.COM THE PHILIPPINES will need to turn to the volatile spot market for liquefied natural gas (LNG) with major power producers currently…