Business

Peso up, PSEi slips on Fed’s key rate outlook

By Joann Villanueva/PNA MANILA -- The Philippine peso ended Wednesday at its nine-month high against the US dollar but the benchmark for local share prices slipped partly due to wait-and-see stance statement...

Gaming, outsourcing to drive office space demand in 2019

By Leslie Gatpolintan/PNA MANILA -- The country’s office property market will continue to benefit from the presence of Philippine offshore gaming and outsourcing sector (POGO), real estate service firm KMC Savills said...

Fuel marking to start in March

By Joann Villanueva/PNA MANILA -- About 15.2 billion liters of imported and locally-produced gasoline, diesel and kerosene will be subjected to fuel marking this year. Of the total, the Bureau of the Customs...

Manila Water posts P6.5-B net income in 2018

PR/PNA MANILA -- Manila Water continued on its path to growth in 2018, posting net income increase of six percent from the previous year to reach PHP6.5 billion. This was largely driven by...

S&P Global puts PH in better BICRA group

By Joann Villanueva/PNA MANILA -- S&P Global has transferred the Banking Industry Country Risk Assessment (BICRA) of the Philippines to group “5” from group “6” following the amendment of the Bangko Sentral...

Mobile World Congress Overshadowed by Huawei 5G Spying Standoff

Henry Ridgwell/VOA-News LONDON — Robots, cars, drones and virtual-reality gaming sets connected by cutting-edge 5G networks are among the thousands of futuristic gadgets on display at this year’s Mobile World Congress in Barcelona,...
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