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...
MANILA – The Bangko Sentral ng Pilipinas (BSP) on Thursday reported the country’s highest foreign currency reserves amounting to USD88.995 billion as of March 2020. Data released...
GENEVA – The International Labor Organization (ILO) on Wednesday announced an increase in estimated full-time job losses to 10.5 percent of the world’s workforce to 305 million...
MANILA – The Philippines and the Asian Development Bank (ADB) signed Tuesday an agreement for a USD200-million loan on additional financing for the government’s efforts to provide...