News

PHILIPPINE STOCKS dropped on Thursday on profit taking after the market’s two-day climb and concerns over the country’s fiscal health. The Philippine Stock Exchange index (PSEi) fell by 0.52% or 33.24 ...
OVERSEAS WORKERS expect to cut down on their remittance over the next 12 months, with remittance recipients also expecting a drop-off, according to Visa, Inc., citing the results of a survey. “All ...
THE Bases Conversion and Development Authority (BCDA) said on Thursday that an Indian company will lead a consortium that will invest P4 billion in a waste-to-energy (WTE) facility in New Clark City.
THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) said it supported a proposal by San Miguel Corp. (SMC) Chairman Ramon S. Ang to lead a private-sector initiative to ...
THE Legislative-Executive Development Advisory Council (LEDAC) meeting next month will determine whether military and uniformed personnel (MUP) pension reform remains on the priority legislation list, ...
INDIA’s GMR Group has expressed interest in participating in upgrading key regional airports in the Philippines, particularly the ones in Laoag and Siargao, the Department of Trade and Industry (DTI) ...
THE maximum suggested retail price (MSRP) for imported rice will remain in place during the two-month suspension of rice imports ordered by President Ferdinand R. Marcos, Jr., the Department of ...
THE Sugar Regulatory Administration (SRA) on Thursday said all sugar that will be produced in the coming crop year will be classified in the “B” category (for domestic use) to stabilize prices. The ...
THE IT & Business Process Association of the Philippines (IBPAP) said it is still evaluating the potential impact of the proposed Keep Call Centers in America act.
THE Department of Energy (DoE) said the fifth round of the green energy auction (GEA-5) this year, which is dedicated to offshore wind, will keep the industry on track to start generating power by ...
THE Maritime Industry Authority (MARINA) said it will push legislation to boost the competitiveness of Philippine shipbuilding and shipping, warning that most of the industry’s shipyards are outdated.
SECRETARY Frederick D. Go, the special assistant to the President for investment and economic affairs, said the Philippines is ready to assist US companies looking to expand in the Philippines. Mr. Go ...