Business

Peso gains ground, local shares slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso improved against the US dollar Tuesday, ending stronger at the 51-level, but the Philippine Stock Exchange index (PSEi) closed in the red...

BOI OKs P291-B investments in Jan-May, up 40%

PR/Philippine News Agency MANILA -- Total approved investments recorded by the Board of Investments (BOI) from January to May reached PHP290.6 billion, a 40.1 percent increase from PHP207.5 billion in the same...

Steady policy rates until August seen

By Joann Villanueva/Philippine News Agency MANILA -- Monetary Board Member Felipe M. Medalla forecasts a steady policy rate for the Bangko Sentral ng Pilipinas (BSP) until August 2019 on the back of...

NEDA: Reforms needed to sustain exports recovery

PR/Philippine News Agency MANILA — The National Economic and Development Authority continues to push for critical legislative agenda to make the Philippine export industry more attractive and competitive. The Philippine Statistics Authority on...

SEC to file criminal charges vs. Kapa over alleged scam

Leslie Gatpolintan/Philippine News Agency MANILA -- The Securities and Exchange Commission (SEC) on Monday said it intends to file criminal charges against Kapa-Community Ministry International, Inc. (KAPA) and its officials for operating an...

PAL says PRRD ‘satisfied’ with its actions to address delays

By Ma. Cristina Arayata/Philippine News Agency MANILA -- Philippine Airlines (PAL), which uses the Ninoy Aquino International Airport (NAIA) Terminal 2, on Monday said President Rodrigo Duterte appeared to be satisfied with...
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