By BSP/via Rocky Ignacio
In a vote of confidence, international debt watcher S&P Global upgraded the country’s credit rating from “BBB” to “BBB+” with a “stable” outlook.
In a report released Tuesday, 30...
By Joann Villanueva/Philippine News Agency
MANILA – The Tan-led Philippine National Bank (PNB) targets to acquire a bank to further strengthen its consumer finance.
In a briefing Tuesday, PNB president and chief executive...
By Joann Villanueva/Philippine News Agency
MANILA -- Higher domestic fuel and electricity prices are seen as upside risks to the country's April 2019 inflation, which is projected to stay between 2.7-3.5 percent.
“However,...
By Ma. Cristina Arayata/Philippine News Agency
MANILA -- Local carrier Cebu Pacific (CEB) has announced the cancellation of 116 domestic flights scheduled for May 1-10.
In an advisory, CEB said the cancellation is...
By Aerol John Pateña/Philippine News Agency
MANILA -- The Manila Electric Company (Meralco) has urged the government to expedite the approval of its power supply deals amid the current energy shortage in...
By Joann Villanueva/Philippine News Agency
MANILA – The US economy's higher-than-expected expansion in the first quarter of 2019 boosted both the Philippine Stock Exchange index (PSEi) and the Philippine peso Monday, the...