Bargain hunting propels PSEi past 8,000 mark
LAST-MINUTE bargain hunting drove the local main index to climb on Thursday to surpass the 8,000 mark anew.
The bellwether Philippine Stock Exchange index (PSEi)...
Trump signals strikes against Syria imminent
WASHINGTON/BEIRUT — US President Donald Trump warned Russia on Wednesday of imminent military action in Syria over a suspected poison gas attack, declaring that...
For Trump’s pick for top diplomat, no more ‘soft policy’ on Russia
WASHINGTON — President Donald Trump’s pick for top US diplomat was to tell senators Thursday that if confirmed he will get tough on Russia,...
Russian PM targets US goods in response to sanctions
MOSCOW — Russia should look at US goods or goods produced in Russia by US companies when considering a possible response to new sanctions...
Trade gap grows as exports drop
MERCHANDISE EXPORTS in February fell for the first time in 15 months while imports continued to grow by double digits leading to a wider...
Spending boost widens fiscal deficit in Feb., first two months
By Elijah Joseph C. Tubayan
Reporter
A SURGE in spending drove the government’s fiscal position into deficit in February that was more than double the year-ago...
ADB maintains bullish outlook for Philippines
THE ASIAN Development Bank (ADB) sees the Philippines sustaining its upward economic growth trajectory on the back of the government’s push for large-scale infrastructure...
Gov’t raises P7.9B from bonds
THE GOVERNMENT raised P7.932 billion worth of fresh seven-year Treasury bonds (T-bonds) yesterday as yields spiked amid concerns over rate hikes here and in...
Boracay may reopen in 4 months but with limited tourists: Teo
The Philippines is looking to shorten the closure period for its most popular holiday hotspot Boracay to four months from six, but the number...
Net satisfaction with Duterte ‘very good’
NET SATISFACTION for President Rodrigo R. Duterte dipped two points but stayed “very good” at +56, from +58 in December last year, according to...
SEC warns public vs investing in ‘cloud mining contracts’
THE Securities and Exchange Commission (SEC) issued an advisory against investing in securities that promise guaranteed profits by banking on the craze surrounding cryptocurrency.
In...
Order out on oversight body on 3rd telco player
PRESIDENT Rodrigo R. Duterte has issued Administrative Order (AO) No. 11 creating an oversight committee on the entry of a third player in the...