Business

Yellow Alert status hikes power rates in April

By Joann Villanueva/PNA MANILA --  Power rates in the Luzon grid are expected to rise in April, which will reflect in the May electric bill, following the series of yellow alert status on...

PH franchises urged to expand presence in ASEAN region

By Leslie Gatpolintan/PNA MANILA -- Filipino franchises are encouraged to expand to other Association of Southeast Asian Nations (ASEAN) member-states, which offer a huge market of more than 600 million consumers. Eric Elnar, Trade...

DOE coordinates with power producers to ensure supply

By Joann Villanueva/PNA MANILA -- For the third consecutive day, the Department of Energy (DOE) assured the public that it continues to coordinate with power producers as the country's power reserves grow thinner. In...

ADB forecasts higher growth for PH in 2019

By Joann Villanueva/PNA MANILA -- Higher public infrastructure spending along with sound macroeconomic policies, among others, emboldened economists of the Manila-based Asian Development Bank (ADB) to forecast a 6.4 percent growth for the...

TDF rates down Wednesday

By Joann Villanueva/PNA MANILA -- The rates of Bangko Sentral ng Pilipinas’ (BSP) term facilities declined Wednesday in the face of greater submissions from banks. Data released by the BSP showed that rate of...

Local markets higher on Wednesday amid growth forecast cuts

By Joann Villanueva/PNA MANILA -- Both the Philippine Stock Exchange index (PSEi) and the local currency managed to end Wednesday’s trading higher despite the release of uninspiring outlooks on the domestic as well...
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