Supreme Court rejects Lozano petition against Sereno
The Supreme Court (SC) on Tuesday, March 6, rejected lawyer Oliver O. Lozano's petition calling for the SC to declare void the appointment of...
‘Rising working class’ to boost consumer spending on personal care — report
The rise of middle class-wage earners which, in turn, is prompting more hygiene awareness, will boost local retail sales of health and beauty products,...
Peso flat after inflation data
The peso ended flat against the dollar on Tuesday, March 6, following the February inflation print released earlier in the day amid the market...
Asian stocks gain as trade worries ease; yields higher
Asian stocks rallied after a second session of gains in the U.S. signaled investor concerns about a potential trade war in wake of President...
Philippine shares slump for fifth day straight
Stock prices extended their decline on Tuesday, March 6, following reports on February inflation accelerating to its fastest pace in three years.
The bellwether Philippine...
Government makes partial award of T-bonds
The government made a partial award of fresh five-year Treasury bonds (T-bonds) it offered on Tuesday, March 6, as investors sought higher returns.
At its...
As Duterte shifts toward China, Vietnam bolsters US ties
This week’s visit by a U.S. aircraft carrier to Vietnam -- the first since the war -- highlights a growing relationship between the former...
Asia’s biggest currency gain in 20 years may be about to end
Asian currencies may be on the verge of a correction after completing the best year in at least two decades. The warning sign? Indonesia’s...
Go Hotels to open third branch in Mindanao this year
DAVAO CITY -- Robinsons Land Corp. (RLC) will open its 17th Go Hotels branch within the first half of the year, located in Iligan...
Factory output growth fastest in more than four years
FACTORY production expanded to its fastest pace in more than four years in January, preliminary data from the Philippine Statistics Authority showed.
Manufacturing output --...
Inflation grows at fastest pace in over three years
CONSUMER prices rose at its fastest rate in more than three years in February, on the back of increased prices in food and non-alcoholic...
Asia policy makers rethink inflation amid epic e-commerce boom
Inflation is getting a fresh look in Asia.
Nowhere is the global e-commerce wave having more of an impact right now than in Asia, where...