Inflation likely to pick up pace in next two months — FMIC
Inflation will likely peak at 4.5% over the next two months as it reels from the impact of higher crude prices and new taxes...
DBP posts 22% net income growth in 2017
Development Bank of the Philippines (DBP) saw its net income rise in 2017 on the back of steady growth in its loan portfolio.
In a...
Aquino questions credibility of Dengvaxia forensic examiner
FORMER President Benigno S.C. Aquino on Monday, Feb. 26, slammed an "unqualified" forensic expert during the House inquiry into the Dengvaxia controversy where he...
Ayala subsidiary buys controlling stake in solar firm
A subsidiary of Ayala Corp. acquired a majority interest in a manufacturer of innovative solar solutions that will allow the conglomerate to bolster its...
Fed resists upgrading long-run growth outlook after tax cuts
Federal Reserve officials are showing surprise at just how much the recently-enacted tax cuts are boosting the U.S. economy. But they’re still not impressed...
Saudis see oil output cuts easing in 2019 without hurting market
OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in a...
DENR mulls forming task force to enforce wildlife protection laws
The Department of Environment and Natural Resource (DENR) is mulling over the formation of a separate bureau to strictly enforce wildlife and environmental laws...
Philippines uses dollar pile against speculators — BSP governor
The Philippine central bank sells dollars from its pile to curb excessive peso volatility against speculators using a cut in banks’ reserve ratios “as...
BSP governor recovering from cancer
Philippine central bank Governor Nestor A. Espenilla, Jr. said he’s recovering from early stage tongue cancer diagnosed in November, assuring that it won’t distract...
Shares seen to move sideways this week
Local equities may continue trading sideways this week as investors reposition their portfolios ahead of the earnings season.
The bellwether Philippine Stock Exchange index (PSEi)...
Peso may weaken this week on hawkish Fed tone
The peso will likely weaken against the dollar this week due to hawkish speeches from US Federal Reserve (Fed) officials amid generally mixed US...
Two psychiatrists to attend Sereno impeachment hearing
The House Committee on Justice has invited two psychiatrists to shed light on matters involving the psychological evaluation of Chief Justice Maria Lourdes P.A....