CA confirms appointment of nine lawmakers as army colonels
The Commission on Appointments (CA) on Wednesday, March 7, approved the nomination of nine lawmakers as military officers with the rank of colonel for...
Peso strengthens against dollar
The peso strengthened slightly against the dollar on Wednesday, March 7, as the foreign currency traded weaker overnight on the back of President Donald...
ING sees policy rates steady ahead of BSP meeting
ING Bank N.V. said it expects the Bangko Sentral ng Pilipinas (BSP) to keep its monetary policy steady even as inflation picked up in...
Investor optimism helps stocks end five-day slump
Local shares bounced back on Wednesday, March 7, snapping its five-day losing streak as optimism on investment opportunities in the Philippines renewed investor sentiment.
The...
AEV submits P148-billion unsolicited proposal to revamp regional airports
The infrastructure unit of the Aboitiz Group submitted an unsolicited proposal to modernize four major regional airports for close to P150 billion.
Aboitiz Equity Ventures,...
SM’s Henry Sy, Sr. among world’s 100 richest
Henry Sy, Sr., the man behind the SM Group of Companies, was named the Philippines’ richest man anew, leading 11 other Filipinos in the...
Unemployment rate falls in January
Unemployment fell in January, the government reported this morning.
The preliminary results of the January 2018 round of Labor Force Survey (LFS) conducted by the...
Oil optimism eases as US shale fears counter demand hopes
Optimism in the oil market that lifted prices by the most in almost three weeks eased as investors assessed the outlook for consumption against...
Cruise tourist arrivals in the Philippines surge nearly 2000% in January
Cruise ship tourist arrivals skyrocketed by 1,953% to 9,156 passengers in January from only 446 in January of last year.
The Department of Transportation (DoTr)...
DFA to open more offices to ease passport processing delay — Cayetano
The Department of Foreign Affairs (DFA) is set to open two new consular offices this month and additional six before June to augment the...
DICT sticks to May target in naming third telco player
The Department of Information and Communications Technology (DICT) said it will retain its target of naming a third major telco player by May and...
Fariñas: House not likely to tackle Sereno impeachment before break
House Majority Floor Leader Rodolfo C. Fariñas said the House plenary is not likely to vote on the articles of impeachment against Chief Justice...