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  • PASCUAL OFFICIAL
    Business, Trade & Energy

    Senate to resume RCEP deliberations

    Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, with the executive branch strongly pushing for the country’s participation in the mega trade deal.

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  • TEO PANGA
    Business, Trade & Energy

    Panga to remain PEZA OIC, says Malacanang

    Malacanang has ruled that Assistant Director General Tereso O. Panga will remain as officer-in-charge of the Philippine Economic Zone Authority (PEZA) until a new leader is appointed by the President.

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  • Benjamin Diokno
    Business, Business News

    DOF eyes MIF as alternative financing option

    The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said.

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  • LBP Head Office 3
    Banking and Finance, Business

    Landbank income up 38.2% in 2022

    Government-controlled Land Bank of the Philippines (Landbank) posted a net income of P30.1 billion in 2022, up 38.2 percent from the previous P21.7 billion in 2021.

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  • 91164
    Banking and Finance, Business

    Peso weakens to P55:$1 on inflation concerns

    The peso lost to the US dollar on Tuesday, Feb. 7, depreciating back to the P55 level due to the higher-than-anticipated January inflation of 8.7 percent, surpassing consensus forecast of 7.6 percent.

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  • DTI logo
    Business, Trade & Energy

    26 PH exporters seek presence in Gulf state

    Twenty-six Philippine exporters engaged in Halal-certified food, personal care, and cosmetic products are seeking to market presence in the Gulf Cooperation Council (GCC) countries,

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  • 84842
    Business, Trade & Energy

    PH to lose papaya, garment exports if RCEP is not ratified

    The Philippines, the second largest papaya exporter in ASEAN, is seen to lose its papaya exports market to Malaysia if the country fails to join the Regional Comprehensive Economic Partnership (RCEP), which will abolish the 24 percent tariff on the exports of this tropical fruit.

    0 Share
  • 89814
    Business, Stock Market & Foreign Exchange

    Stocks slide on higher inflation rate

    Local share prices dropped further after the government announced a higher-than-expected inflation rate for January.

    0 Share
  • [BOI] Social Media Card_Denso SMARTAgri Tech Farm v3
    Business, Trade & Energy

    Denso PH starts smart farm in Batangas

    Denso Philippines Corporation has started operation of its P60-million hydrophonic smart agri tech farm in Ibaan, Batangas Fresh that seeks to produce high value vegetables and fruits, far from its primary automotive business.

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  • 1200px-National_Home_Mortgage_Finance_Corporation_(NHMFC).svg
    Banking and Finance, Business

    NHMFC securitizes P715-M housing loans

    National Home Mortgage Finance Corporation (NHMFC) has closed its fifth securitization exercise called “BALAI Shelter Compliance ABS” involving total issuance worth around P715.152 million.

    0 Share
  • PSX_20211231_121912
    Business, Business News

    Globe 2022 income soars 46% to ₱34 B

    Globe Telecom Inc. ended 2022 with ₱158.0 billion consolidated service revenues, a modest 4 percent increase year-on-year, resulting in net income of ₱34.6 billion or 46 percent higher than 2021.

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  • Spectrum's solar rooftop installations deal with Aficionado
    Business, Trade & Energy

    Spectrum bags Aficionado, Takoyatea solar power contracts

    Spectrum, the solar solutions subsidiary of power utility giant Manila Electric Company (Meralco), has cornered perfume label Aficionado and Japanese food house Takoyatea as its new customers for solar rooftop installations.

    0 Share
  • The new Caltex station at Ortigas Extension in Pasig City
    Business, Trade & Energy

    Chevron expands retail network with add’l 28 stations

    Chevron Philippines Inc., which carries the Caltex brand of fuel products, has beefed up its retail network with additional 28 gasoline stations that it brought to commercial operations last year.

    0 Share
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