PHL tops ‘Women in Business’ survey

THE PHILIPPINES has again topped a global survey on the role of women in senior management, with more women taking on top roles in mid-market businesses compared with 29 other economies.

Henry Sy, Sr. still the Philippines’ wealthiest — Forbes

SM Group of Companies founder Henry T. Sy, Sr. is still the country’s richest tycoon for 11 consecutive years, according to this year’s Forbes...

China denies it donated defective COVID-19 kits

CHINA on Sunday denied donating defective COVID-19 test kits that the Department of Health (DoH) found to be only 40% accurate.

Port expected to make Palawan a major cruise destination — DPWH

THE Department of Public Works and Highways (DPWH) expects Palawan to become a major cruise destination with the construction of a P1.5-billion cruise port, whose third and fourth phases are targeted for completion this year.

PSEi ends lower as investors assess ECQ impact

THE MAIN INDEX closed lower on Monday as investors kept assessing the economic effect of the extended enhanced community quarantine (ECQ) and the earnings reports of listed companies.

PHL competitiveness still lags in Asia

THE Philippines inched just one notch higher in an annual global competitiveness report that placed the country among the lowest in Asia and the Pacific, as it showed no improvement in any of four key factors studied.

‘Great Wall’ of Leyte done by 2019, says DPWH

THE NEW Leyte Embankment Project, which has also been dubbed as the Leyte “Great Wall”, is expected to be completed by 2019, a year ahead of the original schedule, according to the Department of Works and Highways (DPWH).

Peso expected to trade sideways ahead of US central bank review

THE PESO will likely move sideways against the dollar ahead of the possible policy easing of the US Federal Reserve.

Boat trips, classes cancelled in Luzon, Visayas areas as PHL braces for Ompong

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

Fixed exchange rate ‘dangerous’ for PHL economy, BSP chief says

THE BANGKO SENTRAL ng Pilipinas (BSP) will not opt to set a fixed exchange rate for the peso, with its chief calling it a “dangerous” move for the economy.

Peso hits three-year high as dollar weakens

THE PESO closed at a three-year high against the greenback on Monday amid rising coronavirus infections and escalating tensions between Washington and Beijing.

SEIPI sees 2019 electronics export growth of 3%

THE Semiconductor and Electronics Industries in the Philippines Foundations, Inc. (SEIPI) said it set its 2019 export growth target at 3%, which is higher than its assumption for growth in the global industry of 2% and slightly higher than the industry’s growth in 2018.