PSE index stays above 8,000 despite thin trade
THE MAIN INDEX managed to stay above the 8,000 mark last week despite thin trading due to the official start of the Chinese “ghost”...
IC backs proposed tax cut for non-life sector
THE Insurance Commission (IC) supports the non-life sector’s proposal of trimming taxes imposed on its premiums, with the regulator to submit its stand on...
Third-quarter business optimism weakest in three years
THE BATTLE to take back Marawi City from Islamic militants, martial law over all of Mindanao and damage from the Visayas quake added to...
DoH affirms ‘very rare’ risk of bird-flu infection
By Ian Nicolas P. Cigaral, Reporter
THE Department of Health (DoH) on Friday said there were no confirmed cases of avian influenza transmitted to humans...
SEC probe into alleged P2.6-billion unauthorized trading begins next week
THE Securities and Exchange Commission (SEC) has formally launched a probe into an alleged P2.6-billion unauthorized trading by brokerage DW Capital, Inc. (DWCI), with...
Storm Jolina enters Aurora Friday night, Aug. 25, exits PAR Sunday
By Mario M. Banzon
TROPICAL Storm Jolina is expected to make landfall in the province of Aurora on Friday night, Aug. 25, the weather bureau...
Globe seals $155-million loan to fund capex
GLOBE Telecom, Inc. on Friday said it had signed a $155-million loan with Metropolitan Bank & Trust Co. with terms of seven and 10...
BSP outlines plan to reform gov’t debt market
By Melissa Luz T. Lopez, Senior Reporter
THE government has laid down its strategy to deepen the debt market, with agencies looking to attract bigger...
Logistics provider AAI to sell ‘minority’ stake
By Krista Angela M. Montealegre, National Correspondent
LOGISTICS solutions provider AAI Group of Companies is taking in a strategic investor to fund an aggressive expansion...
Parents file murder, torture charges vs cops in Kian delos Santos murder
By Mario M. Banzon
THE parents of slain teenager Kian Lloyd delos Santos on Friday, Aug. 25, filed a complaint at the Office of the...
PSBank to shift to EMV cards Sept. 1
PHILIPPINE Savings Bank (PSBank) said it will deactivate its magnetic strip cards starting Sept. 1, as it fully shifts to Europay Mastercard Visa (EMV)...
Economic team vows to maintain fiscal discipline despite populist measures
ECONOMIC managers said they will maintain fiscal discipline and resist pressure to implement populist policies after President Rodrigo R. Duterte approved measures to introduce...