Stocks snap five-day rally
Local stocks plunged on Wednesday, Feb. 21, snapping their five-day upward trajectory as the index continued to consolidate.
The 30-company Philippine Stock Exchange index dropped...
Ayala Land to raise up to P25 billion from debt notes, loan
Ayala Land, Inc. (ALI) plans to raise up to P25 billion of combined debts, bilateral term loans, and qualified buyer notes this year, to...
Consumption growth could ease due to tax reform — ANZ
Consumer spending could ease in response to higher commodity prices due to tax reform, analysts at ANZ Research said.
“Domestic demand is strong and is...
UnionBank raises P3 billion via LTNCD
UnionBank of the Philippines raised P3 billion from its long-term negotiable certificates of deposit (LTNCD) to improve its deposit maturity profile and help expand...
Peso firms up as BSP intervenes
The peso strengthened against the dollar anew on Wednesday, Feb. 21, as the local central bank was suspected to continue intervening amid the big...
Peso rebounds, ends at P52.24:$1
The peso rebounded against the dollar on Tuesday, Feb. 20, as the Bangko Sentral ng Pilipinas (BSP) intervened the whole day to cap the...
Bosch launches store as demand for construction tools goes up
Bosch, the brand better known locally for its power tools, opened its first one-stop shop in Quezon city to cover the demand for construction...
NGCP, DICT reach agreement on use of fiber optics
Privately owned National Grid Corporation of the Philippines (NGCP) said it had reached a "mutual decision" with the Department of Information and Communications Technology...
Prices of luxury condominiums at all-time high — Leechiu
Prices of high-end residential condominiums in key financial business districts reached an all-time high last year, with a single square meter commanding a price...
DTI reports progress in free trade talks with US
The Department of Trade and Industry is expecting to see a considerable progress within one to two years amid the country's attempt to seal...
Ethics complaints vs Lacson, Trillanes, De Lima dismissed
The Senate Committee on Ethics on Tuesday, Feb. 20, has dismissed complaints filed against Senators Panfilo M. Lacson and Antonio F. Trillanes IV and...
Deutsche Bank slashes up to 500 investment banking jobs: report
Berlin -- Germany's biggest lender Deutsche Bank is letting hundreds of investment bankers go, Bloomberg News reported Monday, the latest round of deep cuts...