MANILA – Finance Secretary Carlos Dominguez III has dismissed as an option a supplemental budget to finance the government’s coronavirus disease 2019 (Covid-19) response. In a briefing...
MANILA – The coronavirus disease 2019 (Covid-19) pandemic around the world and the resulting restrictions in production supply chains and global trade flow led to the decline...
MANILA – Rate of the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposit facility (TDF) fell anew this week as demand remains strong. It slipped to 2.2654...
MANILA – The Philippine peso ended Wednesday sideways against the US dollar but the main equities index ended in a negative territory. The local currency finished the...
MANILA – Department of Finance (DOF) Secretary Carlos Dominguez III remains optimistic for a positive domestic output in the first quarter of 2020 despite the impact of...
ANKARA – Crude oil prices were up on Tuesday with optimism over the easing of lockdowns in some parts of Asia, Europe, and the US, while raising...
MANILA – Local carriers Philippine Airlines (PAL) and Cebu Pacific (CEB) on Tuesday announced their preparations as they anticipate resumption of flight operations, as well as the...
MANILA – San Miguel Corporation (SMC) is leveraging the extensive service station network of its fuel subsidiary, Petron Corporation, to further boost food accessibility throughout the country....
MANILA – The country’s chief economist is still optimistic on hitting a positive economic growth in the first quarter of 2020 amid the enhanced community quarantine (ECQ)...
MANILA – Decline of oil prices in the international market is expected to decelerate further Philippines’ inflation rate, with the April 2020 figure seen to stay within...