Top forecaster stays bullish on India, Southeast Asia currencies
Currencies in India and Southeast Asia will rebound in the second half of the year, as the quickening pace of coronavirus vaccinations boosts their...
Marcos taps Consing to head Maharlika
PRESIDENT Ferdinand R. Marcos, Jr. has appointed his adviser on investments and economic affairs, Rafael D. Consing, Jr., as chief executive officer (CEO) and...
BoI eyes up to P1.5-trillion investments in 2024
THE BOARD of Investments (BoI) is aiming to approve as much as P1.5 trillion in investment pledges this year.
Trade Secretary Alfredo E. Pascual said...
Pandemic slashes remittance lifeline as overseas Filipino workers lose jobs
MELBA ARBOSO, 34, failed to send P6,000 to her family last month after she temporarily lost her job as a spa attendant amid a lockdown in the Kingdom of Bahrain where almost 4,000 people have been infected with the coronavirus.
Driven to excel
AN IMMERSIVE, hands-on approach gave Lisset Laus-Velasco a headstart in the family business. Even at a young age, she would spend summer break working as a cashier at the family-owned gas station. In 1995, she joined the family’s dealership, first as a sales consultant before being assigned to different departments and business units.
BSP cuts rates for 3rd straight meeting
By Katherine K. Chan
THE BANGKO Sentral ng Pilipinas (BSP) on Thursday cut its key policy rate for a third meeting in a row and...
NEDA Board approves P9-T worth of projects
THE NATIONAL Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos, Jr., on Thursday approved 194 flagship infrastructure projects worth P9 trillion, as well as the amendments to joint venture (JV) guidelines.
Executive-House budget impasse elevated to Duterte and Arroyo
IT may take a sitting President and a former president-turned Speaker to break the current deadlock between the Executive and the House of Representatives over the P3.757-trillion national spending plan proposed for next year.
Gov’t to sell P30B of retail bonds
By Beatrice M. Laforga, Reporter
The government will start offering three-year retail Treasury bonds next week to raise at least P30 billion from the local debt market, the Treasury...
Central bank revises BoP forecasts for 2025, 2026
THE BANGKO SENTRAL ng Pilipinas (BSP) revised its balance of payments (BoP) forecasts for this year and 2026 amid heightened global uncertainty.
In a statement,...
Tighter rules eyed for new e-money firms
THE CENTRAL BANK is looking to boost its regulatory oversight of e-money issuers by increasing the requirements for both banks and nonbank financial institutions that are looking to enter the business.
Factory activity hits 7-month high in Oct.
PHILIPPINE manufacturing activity inched up to a seven-month high in October as new orders stabilized and business confidence improved with the further easing of lockdown restrictions in the capital, IHS Markit said on Tuesday.