Business

PEZA pushes grant of subsidies for high-ticket industries

By Leslie Gatpolintan/Philippine News Agency MANILA -- The Philippine Economic Zone Authority (PEZA) will submit to the next Congress a proposed amendment to its law, granting subsidies to high-ticket industries that will...

Timing is crucial for next rate cut, Diokno says

By Joann Villanueva/Philippine News Agency MANILA -- Philippine monetary officials have already made up their mind to further cut Bangko Sentral ng Pilipinas’ (BSP) key policy rates but BSP Governor Benjamin Diokno...

Foreign buying buoys peso, but local shares sink

By Joann Villanueva/Philippine News Agency MANILA — Foreign buying in the local bourse allowed the Philippine peso to remain firm against the US dollar but the main equities index sunk as the...

PAL, CebuPac flight OTP improve in just 2 weeks after signing Pledge of Commitment

PR/via Stephanie Sevillano - PTV News PASAY CITY — The On-Time Performance (OTP) of flights of Philippine Airlines (PAL) and Cebu Pacific have significantly improved in just two weeks after airlines signed...

PAL, Cebu Pacific cited for improved on-time performance

By Ma. Cristina Arayata/Philippine News Agency MANILA -- Manila International Airport Authority (MIAA) general manager Ed Monreal on Friday commended the improved on-time performance (OTP) of Philippine Airlines (PAL) and Cebu Pacific...

New BSP deputy governor sworn in

PR/Philippine News Agency MANILA -- Francisco G. Dakila Jr. received his oath of office as Deputy Governor for Monetary and Economics Sector (MES) in ceremonies administered by Bangko Sentral ng Pilipinas (BSP)...
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