Business

Lucio Tan’s daughter now PAL OIC

By Ma. Cristina Arayata/Philippine News Agency MANILA -- Flag carrier Philippine Airlines (PAL) on Tuesday announced the appointment of Lucio Tan's daughter, Vivienne, as the airline's officer-in-charge after Jaime Bautista’s retirement as...

Local markets down on profit-taking

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended Monday in the red due to sustained profit-taking, which also affected the local currency. The PSEi slipped to 7,908.99...

T-bill rates decline anew

By Joann Villanueva/Philippine News Agency MANILA – The rates of Philippines Treasury bills (T-bills) declined by as much as 10 basis points Monday, still on robust demand and rate hike expectations in...

Auto industry zooms with double-digit sales growth

PR/Philippine News Agency MANILA -- Driven by the continued strong sales of commercial vehicles (CV) and the rebound of passenger cars (PC), the local auto industry saw its May 2019 sales surge...

‘Modest’ oil price hike set Tuesday

By Joann Villanueva/Philippine News Agency MANILA -- Local pump prices are set to go up slightly on Tuesday, giving motorists a “dose of reality” following a big-time rollback last week. This, amid a...

DTI lifts suspension of steel firm

PR/Philippine News Agency MANILA — The Department of Trade and Industry (DTI), has lifted the License Suspension order of steel smelting plant Wan Chiong Steel Corporation. This was indicated in a letter dated...
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