MANILA—An official of the Department of Labor and Employment shrugged off the statement of the employers’ group on the impact of the issuance of Department Order...
MANILA—Dovish comments from Federal Reserve officials after this week’s rate hike sustained the Philippine Stock Exchange’s (PSEi) rise Friday and the peso remained firm despite the...
MANILA—Washington-based World Bank approved on Friday (Manila time) the funding for the Philippines’ first bus rapid transit (BRT) project. World Bank and Clean Technology Fund (CTF)...
MANILA—Conglomerate Ayala Corp. has acquired two renewable energy firms in a bid to fast-track its renewable energy expansion to meet its 1,000-megawatt (MW) capacity target by...
MANILA—Travellers International Hotel Group, Inc. (TIHGI), owner and operator of Resorts World Manila (RWM), reported revenues at Php27.5 billion for 2016 and earnings before interest, tax,...
MANILA—Clean and renewable electricity producer, First Gen Corp., has reported a USD200 million net income attributable to equity holders of the parent for 2016, up 19...
MANILA—Philippine banks are now required to have a social media risk management program to protect it from possible reputational risks, among others. This measure was approved...
MANILA—Risk-on sentiment after the hike in the Federal Reserve’s key rates and expectations of at least two additional increases within the year boosted both the Philippine...
MANILA—A ranking official of the Department of Finance (DOF) said the tax reform proposal will be evidence-based, thus, any suggestion to remove groups from the proposed...
MANILA—Bangko Sentral ng Pilipinas (BSP) does not need to mirror the latest hike in the Federal Reserve’s key rates. This was stressed by BSP Governor Amando...