Business

ICC-CabCom approves PCC capacity building project

By Leslie Gatpolintan/PR/PNA MANILA – The Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved last Thursday the Philippine Competition Commission’s (PCC) “Capacity Building to Foster Competition Project.” The PCC project has a total project cost...

BSP, OWWA, BDO partner to teach ‘finlit’ to OFWs

By Joann Villanueva/PNA MANILA -- Government and the private sector have joined hands to encourage more Overseas Filipino Workers (OFWs) and their families to set aside some of their earnings for savings...

European bank eyes PH operations

By Joann Villanueva/PNA MANILA -- A Europe-based financial institution is reportedly eyeing the possible expansion of its operations to the Philippines. Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi Fonacier declined to identify the...

Drop in rice prices due to market speculation

By Lilybeth Ison/PNA MANILA -- Agriculture Secretary Emmanuel "Manny" Piñol clarified that the fall in the buying price of rice by commercial traders is the result of speculation, which was fueled by the...

70-centavo/liter oil price hike set Tuesday

By Kris Crismundo/PNA MANILA -- A PHP0.70-per-liter increase in the prices of both diesel and gasoline will greet motorists on Tuesday, February 19, as local oil companies keep up with movements in the...

PH-Italy debt swap program extended

DOF PR/PNA MANILA -- The governments of Italy and the Philippines have agreed on the extension of the Philippines-Italy Debt for Development Program for two years, the Department of Finance (DOF) said on...
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