PNB to raise up to P20B from LTNCD issuance
THE Philippine National Bank (PNB) is planning to raise up to P20 billion by selling peso-denominated long-term negotiable certificates of deposit (LTNCD).
In a disclosure...
House to go it alone on ‘Cha-cha’
By Minde Nyl R. dela Cruz
THE HOUSE of Representatives is pushing through with constitutional amendments even without the Senate, Speaker Pantaleon D. Alvarez said...
PSEi to reach 9,500 level this year, says brokerage
By Arra B. Francia, Reporter
RCBC Securities, Inc. sees the market ending at the 9,500 level by the end of 2018, fueled by the continued...
Shenzhen bourse’s investment in PSE faces regulatory hurdles
By Krista A. M. Montealegre,
National Correspondent
THE ENTRY of Shenzhen Stock Exchange into the Philippine Stock Exchange (PSE) faces regulatory hurdles ahead of the plan...
Hunger up in SWS 4th quarter survey
AN ESTIMATED 3.6 million or 15.9% of Filipino families experienced involuntary hunger at least once in the past three months -- a 4.1-point increase...
Peso weakens against dollar on US shutdown
THE PESO weakened against the dollar on Monday as the US government shutdown continued.
The local currency finished at P50.835 against the greenback yesterday, losing...
SSS chief seeks to increase monthly contribution rate this year
SOCIAL SECURITY System (SSS) intends to increase its monthly contribution rate to 14% this year after failing to implement the hike last year.
“We plan...
Chelsea Logistics taps Japan’s Kegoya to build ships
CHELSEA Logistics Holdings Corp. (CLC) has tapped Japanese firm Kegoya Dock Co., Ltd. for the construction of a roll-on/roll-off (Ro-Ro) passenger ship, as the...
Senate concurs with PHL-EU agreement
THE SENATE in a statement on Monday said it has adopted a resolution expressing its concurrence with the ratification of a framework agreement “on...
Sanofi to compensate for ‘death, any other case’
By Camille A. Aguinaldo
FRENCH PHARMACEUTICAL firm Sanofi Pasteur on Monday committed to providing compensation for “death or any other case” among patients who were...
Official figure on fatality count in drug war 3,987
By Arjay L. Balinbin
THE Philippine Drug Enforcement Agency (PDEA) and other agencies, in a press briefing at Malacañang on Monday, Jan. 22, reported that...
Mayon Volcano rains ash as experts warn of violent eruption
A GIANT mushroom-shaped cloud shot up from the Philippines’ most active volcano on Monday, darkening the skies and raining ash on communities where tens...