Trade remains a drag in April as exports drop to lowest level in nearly...
THE country’s trade deficit expanded in April on account of declining merchandise exports and a double-digit surge in inbound shipments, the government reported on Friday.
Filipino consumers more optimistic for Q2
MORE Filipinos grew optimistic for the second quarter amid perceived improvement in peace and order, and bigger incomes, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
BSP may need to tighten policy further — Deutsche Bank
SUCCEEDING rate hikes may need to be implemented by the Bangko Sentral ng Pilipinas (BSP) over the coming year in order to arrest faster inflation and keep the peso competitive, a global bank said.
Century Properties to distribute P200M in dividends in July
CENTURY Properties Group, Inc. (CPG) has allocated a total of P200 million in dividends to be distributed to its shareholders by July 6.
Veterans Bank relaunches Mindanao branches as it targets new market
DAVAO CITY — Philippine Veterans Bank (PVB) has started relaunching its branches in key Mindanao cities as it aims to expand its market base, beginning with soldiers, military retirees and local government employees.
DICT looks to name third telco before yearend
THE Department of Information and Communications Technology (DICT) said the inter-agency committee overseeing the selection of a third telco player will come up with a target timetable for the announcement of the new entrant.
PAL to take delivery of Airbus 350-900 in the coming weeks
PHILIPPINE Airlines (PAL) could expect the delivery of its A350-900 aircraft soon as Airbus reported it has successfully flown the new airplane from the assembly line in Toulouse, France, gearing it up for the final phase of production.
Swiss challenge for Marawi rehab may start next week
THE Swiss challenge for proposals on the rehabilitation of Marawi City will start on Tuesday should negotiations with a consortium be successful, the concerned government inter-agency task force group announced on Friday.
Micab partners with Huawei for customized tablets for drivers
TAXI-HAILING firm Micab Systems Corp. formalized a deal with technology giant Huawei on Friday for the provision of customized tablets for its drivers.
Swiss challenge period for Marawi rehab proposals to start June 12
The government inter-agency task force group for the rehabilitation of Marawi City announced on Friday, June 8, a new schedule for the Swiss challenge...
Stocks slide as trade grap widens
Shares slumped on Friday, June 8, tracking the slower performance of regional markets alongside the widening trade gap reported for April.
The bellwether Philippine Stock...
Deutsche Bank says more BSP rate hikes necessary
Succeeding rate hikes may be needed for the Bangko Sentral ng Pilipinas (BSP) over the coming years in order to arrest faster inflation and...