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...
Mythical guitar-maker Gibson fighting for survival
San Francisco -- World-famous guitar maker Gibson, whose instruments have been played by the likes of John Lennon and Elvis Presley, is facing serious...
Asian stocks fall; dollar rises with bond yields
Most Asian equity benchmarks declined with US futures and the dollar rose as Treasury yields climbed back toward recent four-year highs.
Japan’s Topix index dropped...
Asia debt binge to dampen growth but not derail It, Oxford says
Asia’s soaring levels of debt will weigh on growth over the next decade -- especially in China, Malaysia, Thailand and India -- but it...
Maynilad sets aside P9 billion capex this year
Maynilad Water Services, Inc. is setting aside P9 billion this year as capital expenditure for its water and wastewater infrastructure projects, the west zone...