Business

Local shares close firmer, peso weakens

By Joann Villanueva/Philippine News Agency MANILA – Tamed expectations of a 50-basis point cut in the Federal Reserve’s key rates next week weakened the Philippine peso Tuesday but the Philippine Stock Exchange...

BSP to offer P80-B in this week’s TDF auction

By Joann Villanueva/Philippine News Agency MANILA – The Bangko Sentral ng Pilipinas (BSP) maintained at PHP80 billion the Term Deposit Facility (TDF) offer volume for this week, a repeat of last week's...

Rio: ‘Very big’ improvement in telco services by 2020

By Raymond Carl Dela Cruz/Philippine News Agency MANILA — Department of Information and Communications Technology (DICT) Undersecretary Eliseo Rio Jr. on Tuesday said Filipinos will feel a big improvement in telecommunications (telco) services...

Biz leaders laud PRRD’s thrust to cut red tape, corruption

By Miguel Gil/Philippine News Agency MANILA — President Rodrigo Duterte's policy of cracking the whip on slow-moving bureaucrats seems to have hit a sweet spot with the business community’s movers and shakers. Leaders...

PRRD vows corruption-free entry of 3rd telco

By Raymond Carl Dela Cruz/Philippine News Agency MANILA — President Rodrigo Roa Duterte on Monday promised the entry of the country’s third telecommunications (telco) player, Dito Telecommunity Corporation (Dito), is corruption-free. During his fourth...

Peso stays put, local stocks slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended Monday little changed amid the strengthening of the US Dollar but the Philippine Stock Exchange index (PSEi) declined due to lingering...
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