Business

Local markets sink on US growth jitters

By Joann Villanueva/PNA MANILA -- Risk-off sentiments were high in the Philippines’ foreign exchange and equities markets Monday due to lingering concerns about the US economy. The peso ended the day at 52.52 from...

OSG asks SC to junk challenge vs. Mislatel

By Benjamin Pulta/PNA MANILA -- Government lawyers asked the Supreme Court (SC) to turn down a suit questioning the awarding of the third telecommunications slot to Mindanao Islamic Telephone Co. (Mislatel). In a 38-page...

BTr partially awards 91-day T-bill

By Joann Villanueva/PNA MANILA -- Demand for higher tenor Treasury bills (T-bills) resulted in the full award of both the 182-day and 364-day papers Monday but only a partial award of the 91-...

Another hike in pump prices set Tuesday

By Joann Villanueva/PNA MANILA -- Local pump prices are set to rise again on Tuesday (March 26) as oil supply in the global market dips due to more production cuts. At least three oil...

Inter-agency task force fast-tracks list of foreign POGO workers

DOF PR/PNA MANILA -- An inter-agency task force formed to monitor the number of foreign nationals employed in Philippine offshore gaming operations (POGOs) is fast-tracking measures to finalize a complete list of these...

DA records P1.33-B agri damage due to El Niño

By Lilybeth Ison/PNA MANILA -- The Department of Agriculture (DA) on Thursday reported that the "weak" El Niño currently affecting the country has already brought about some PHP1.33 billion in damages to crops. DA...
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