THE PESO recovered against the dollar on Thursday as investors await a possible emergency meeting of the local central bank last night and amid the trade talk offer of the United States to China.

FULL ALERT status has been activated by various government agencies as typhoon Ompong (international name: Mangkhut) entered the Philippine area Wednesday afternoon.

DAVAO CITY — The Center for Agriculture and Rural Development, Inc. (CARD) has released about P450.9 million in loans to micro, small and medium enterprises (MSMEs) since July 2017 as part of its agreement with the government for the Pondo sa Pagbabago at Pag-Asenso (P3) program.

THE NATIONAL Food Authority (NFA) said on Wednesday that its 132,400 bags of rice infested by weevil or bukbok, imported from Thailand and docked at the Subic Bay Freeport, has been given clearance by the Plant Quarantine Service (PQS) of the Bureau of Plant Industry (BPI) after it has undergone fumigation.

FOREIGN BUSINESS chambers said the Philippines needs to designate a “water czar” with sufficient powers to bring stakeholders together in resolving the impending water crisis.

BORACAY will need to reduce its resident workforce because resort workers will outnumber tourists by nearly two-to-one if the island’s carrying capacity limits are observed, Environment Secretary Roy A. Cimatu said Wednesday.

A BUFFER stock system is needed to ease supply disruptions in the market for round scad, or galunggong, which will require cold storage sufficient for at least six months of reserves, a fisheries official said.

THE Bangko Sentral ng Pilipinas (BSP) said it is working with the Department of Education (DepEd) to incorporate financial literacy in the K-12 curriculum as a means to increase financial inclusion.

THE Asian Development Bank (ADB) said the government must start developing its Public-Private Partnership (PPP) policy to encourage broader private sector participation in infrastructure projects.

THE PESO weakened to a new 12-year low against the dollar on Wednesday, breaching the P54 level due to corporate demand and amid continued trade tensions between the United States and China.

SHARES fell on Wednesday as the Philippine peso posted its lowest finish against the greenback in 13 years, alongside escalating trade tensions between the United States and China.

By Anna Gabriela A. Mogato MORE than half of Filipino households cut down on shopping trips to buy fast moving consumers goods (FMCG) in the...