2 BusinessWorld reporters win awards
TWO BusinessWorld reporters were recognized at the 34th annual awards of the Economic Journalists Association of the Philippines (EJAP) on Friday.
Beatriz Marie D. Cruz...
Peso may rebound as soft US inflation report bolsters Fed cut hopes
THE PESO may rebound against the dollar this week following the release of softer US consumer inflation data, which would allow US Federal Reserve...
Stocks to move sideways as sentiment stays weak
PHILIPPINE STOCKS may continue to move sideways this week amid weak sentiment as investors await fresh leads, particularly from the trade talks between the...
NSCR O&M auction projected to attract strong bidding interest
DOMESTIC and foreign bidders are expected to turn out in force for the operations and maintenance (O&M) contract of the North-South Commuter Railway (NSCR)...
Maharlika wraps up first full year of operations with earnings of nearly P2.7B
MAHARLIKA Investment Corp. (MIC) posted earnings of P2.682-billion last year, up from P154.3 million a year earlier, enabling a dividend declaration to the government...
Projects in green-lane pipeline valued at P5.951T
THE Board of Investments (BoI) said it certified 219 projects as of Oct. 20 for green-lane expedited-permit treatment and endorsed them to the One-Stop...
P20/kilo rice launched in Davao City
THE P20 per kilogram subsidized-rice program has been launched in Davao City, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said.
In a statement, Mr. Laurel...
Fiscal gap shrinks as spending slows
THE Philippines’ budget deficit narrowed in September, the Bureau of the Treasury (BTr) said on Thursday, as corruption probes into flood control projects slowed government spending.
Philippine car sales fall for 3rd straight month
VEHICLE SALES in the Philippines slipped for a third straight month in September, dragged by a double-digit decline in passenger car demand amid tighter credit and shifting consumer spending priorities.
Flood control scandal could weigh on PHL growth — BMI
THE PHILIPPINES’ economic growth outlook for 2025 and 2026 could weaken as a widening flood control corruption probe erodes business confidence and dampens infrastructure...
Peso extends slump vs dollar as oil prices surge
THE PESO slumped further against the dollar on Thursday to hit a fresh near nine-month low following the sharp increase in global oil prices...
DPWH enlists PCC to deter collusion in infra bidding
THE Department of Public Works and Highways (DPWH) said it has tapped the Philippine Competition Commission (PCC) to propose methods to deter collusion in...