Business

Local markets held back by external news

By Joann Villanueva/PNA MANILA -- News suggesting that the Federal Reserve’s key rates will remain on their current trajectory this year resulted in the weakness of the Philippine Stock Exchange index (PSEi)...

ComVal to hold iBizCon in Mabini town

By Digna Banzon/PNA DAVAO CITY – The Department of Trade and Industry (DTI) is expecting some 150 participants to the Investment Business Conference (iBizCon) to be hosted by Compostela Valley province at...

Rice tariffication law to boost Customs revenues

By John Rey Saavedra/PNA CEBU CITY — Fully lifting quantitative restrictions on rice import under the rice tariffication law signed by President Rodrigo Duterte last February 15 will mean a boost to...

Local markets rise on January BOP surplus

By Joann Villanueva/PNA MANILA -- Fresh news about the Philippines posting a balance of payments (BOP) surplus for the third straight month boosted both the peso and the main equities gauge Wednesday. The...

DICT tells NTC to seek House’ OK on Mislatel franchise

By Aerol John Pateña/PNA MANILA -- The Department of Information and Communications Technology (DICT) has taken the cautious route by directing the National Telecommunications Commission (NTC) to ensure it has the blessing...

DBP chief transferred to Landbank

By Joann Villanueva/PNA MANILA -- Development Bank of the Philippines (DBP) President and Chief Executive Officer (CEO) Cecilia Borromeo has been transferred back to the Land Bank of the Philippines (Landbank), wherein...
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