BEIJING — Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China’s e-commerce boom, announced Monday he will step down as the company’s chairman...
MANILA — Socioeconomic Planning Secretary Ernesto Pernia countered allegations that the government is manipulating inflation figures, especially the rise of the August 2018 rate to 6.4 percent....
MANILA — A host of concerns, both from overseas and in the domestic front continue to haunt Philippine equities but the peso was able to stay afloat...
MANILA — The Bangko Sentral ng Pilipinas (BSP) has affirmed its readiness to “take strong immediate action using the full range of instruments in its toolkit” to...
MANILA – Filipino and Jordanian firms inked some USD60.68 million worth of deals, including memorandums of agreement and letters of intent. In a statement Friday, Department of...
MANILA — Business sentiment in the third quarter of 2018 slid to 30.1 percent, the lowest since the first quarter of 2010, from quarter-ago’s 39.3 percent due...
MANILA — The Department of Finance (DOF) has asked the National Food Authority (NFA) to immediately explain why it had procured palay stocks way below its projected...
MANILA — Worries emanating from rising inflation along with trade concerns overseas resulted in the negative close of both the Philippine Stock Exchange index (PSEi) and the...
MANILA — Professor Julio C. Teehankee, a member of the Consultative Committee (ConCom) tasked to review the 1987 Constitution, said the Philippine government can afford to shoulder...
MANILA — Several economists are projecting another hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates this September after inflation surged to nine-year high in August...